Endeavour Mining (TSE:EDV) Price Target Lowered to C$92.00 at National Bank Financial

Endeavour Mining (TSE:EDV) had its price objective dropped by equities researchers at National Bank Financial from C$116.00 to C$92.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 37.19% from the company’s current price.

Separately, TD raised their price objective on Endeavour Mining from C$94.00 to C$105.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Endeavour Mining has a consensus rating of “Buy” and an average target price of C$93.50.

Endeavour Mining Stock Down 0.3%

Shares of EDV stock traded down C$0.17 on Tuesday, reaching C$67.06. The stock had a trading volume of 180,148 shares, compared to its average volume of 615,453. Endeavour Mining has a 12 month low of C$39.87 and a 12 month high of C$98.71. The firm has a market capitalization of C$16.16 billion, a price-to-earnings ratio of 19.27 and a beta of 1.82. The firm’s 50-day moving average is C$77.78 and its two-hundred day moving average is C$80.14.

Endeavour Mining (TSE:EDV) last posted its quarterly earnings results on Thursday, April 30th. The company reported C$2.13 EPS for the quarter. The business had revenue of C$1.88 billion during the quarter. Endeavour Mining had a return on equity of 27.75% and a net margin of 18.88%. On average, sell-side analysts forecast that Endeavour Mining will post 4.4476987 earnings per share for the current fiscal year.

Insider Activity at Endeavour Mining

In related news, insider Pascal Bernasconi sold 20,000 shares of Endeavour Mining stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of C$49.51, for a total transaction of C$990,200.00. Following the completion of the sale, the insider directly owned 14,168 shares of the company’s stock, valued at approximately C$701,457.68. This trade represents a 58.53% decrease in their position. Also, insider Guy Franklin Young sold 20,228 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of C$49.21, for a total value of C$995,419.88. Following the completion of the sale, the insider owned 45,022 shares of the company’s stock, valued at C$2,215,532.62. This trade represents a 31.00% decrease in their ownership of the stock. Company insiders own 19.11% of the company’s stock.

About Endeavour Mining

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.