FY2016 Earnings Estimate for Endeavour Mining Corp Issued By Clarus Securities (EDV)
Endeavour Mining Corp (TSE:EDV) – Clarus Securities lifted their FY2016 EPS estimates for shares of Endeavour Mining Corp in a research note issued on Friday. Clarus Securities analyst N. Sangmuah now forecasts that the firm will post earnings of $0.91 per share for the year, up from their prior estimate of $0.87. Clarus Securities has a “Buy” rating on the stock.
EDV has been the topic of a number of other research reports. Canaccord Genuity upgraded Endeavour Mining Corp from a “hold” rating to a “buy” rating and raised their target price for the stock from C$17.50 to C$29.00 in a report on Tuesday, July 12th. Peel Hunt restated a “buy” rating and set a C$26.00 target price on shares of Endeavour Mining Corp in a report on Thursday, September 1st. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of C$21.40.
Endeavour Mining Corp (TSE:EDV) opened at 21.33 on Monday. The company has a 50-day moving average price of $23.26 and a 200-day moving average price of $20.27. Endeavour Mining Corp has a 12-month low of $0.60 and a 12-month high of $27.17. The firm’s market cap is $1.97 billion.
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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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