Endeavour Mining (LON:EDV) Hits New 1-Year High – Here’s Why

Endeavour Mining plc (LON:EDV) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 4,414 and last traded at GBX 4,278, with a volume of 72767773 shares changing hands. The stock had previously closed at GBX 4,208.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 4,300 target price on shares of Endeavour Mining in a research report on Thursday, November 13th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Endeavour Mining presently has a consensus rating of “Buy” and a consensus target price of GBX 3,650.

Endeavour Mining Stock Up 1.7%

The company has a market cap of £10.30 billion, a P/E ratio of 21.61 and a beta of 0.92. The firm has a fifty day moving average price of GBX 3,682.18 and a 200 day moving average price of GBX 3,080.37.

About Endeavour Mining

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. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.