Endeavour Mining Corp (TSE:EDV) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Endeavour Mining Corp (TSE:EDV) have been assigned an average recommendation of “Buy” from the seven brokerages that are presently covering the firm. Five equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$18.07.
Several research firms have weighed in on EDV. Clarus Securities reiterated a “buy” rating on shares of Endeavour Mining Corp in a research note on Thursday, September 15th. Peel Hunt reissued a “buy” rating and set a C$26.00 price target on shares of Endeavour Mining Corp in a report on Thursday, September 1st. Finally, Canaccord Genuity raised shares of Endeavour Mining Corp from a “hold” rating to a “buy” rating and boosted their price target for the company from C$17.50 to C$29.00 in a report on Tuesday, July 12th.
Endeavour Mining Corp (TSE:EDV) traded up 1.03% during trading on Friday, reaching $21.56. 267,715 shares of the company’s stock traded hands. The stock’s market capitalization is $2.00 billion. The company has a 50-day moving average of $23.27 and a 200 day moving average of $19.89. Endeavour Mining Corp has a 12 month low of $0.60 and a 12 month high of $27.17.
About Endeavour Mining Corp
Endeavour Mining Corporation is an intermediate gold mining company. The Company has an exploration portfolio in regions of Burkina Faso, Cote d’Ivoire, Mali and Ghana with a land package totaling approximately 5,080 square kilometers. Its properties include Agbaou Gold Mine, Nzema Gold Mine, Tabakoto Gold Mine and Hounde Project.
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