Endeavour Mining (LON:EDV) Sets New 1-Year High – Time to Buy?

Endeavour Mining plc (LON:EDV)’s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 4,286 and last traded at GBX 4,210, with a volume of 1506527 shares traded. The stock had previously closed at GBX 4,108.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 4,300 price target on shares of Endeavour Mining in a research note on Thursday, November 13th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Endeavour Mining presently has an average rating of “Buy” and a consensus target price of GBX 3,650.

Endeavour Mining Stock Performance

The stock’s 50-day moving average is GBX 3,576.22 and its two-hundred day moving average is GBX 3,014.93. The stock has a market cap of £10.22 billion, a PE ratio of 21.43 and a beta of 0.92.

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.