Endeavour Mining (LON:EDV) Reaches New 12-Month High – Here’s What Happened

Endeavour Mining plc (LON:EDV)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 3,314 ($44.21) and last traded at GBX 3,288.41 ($43.87), with a volume of 3661421 shares traded. The stock had previously closed at GBX 3,083.39 ($41.13).

Analyst Ratings Changes

Several research firms recently issued reports on EDV. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 3,000 price objective on shares of Endeavour Mining in a report on Friday, August 1st. Berenberg Bank increased their price objective on Endeavour Mining from GBX 3,200 to GBX 4,300 and gave the company a “buy” rating in a research report on Tuesday, October 7th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 3,650.

Endeavour Mining Trading Up 6.7%

The business’s fifty day moving average price is GBX 2,762.54 and its 200 day moving average price is GBX 2,371.52. The company has a market capitalization of £7.92 billion, a P/E ratio of 3,615.38 and a beta of 0.92.

Endeavour Mining Company Profile

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.