Endeavour Mining (TSE:EDV) had its target price increased by analysts at Canaccord Genuity from C$37.00 to C$39.00 in a research report issued on Friday. Canaccord Genuity’s target price points to a potential upside of 58.86% from the company’s previous close.
Several other analysts have also recently issued reports on the stock. Scotiabank reaffirmed an “outperform” rating and set a C$33.00 price objective on shares of Endeavour Mining in a research note on Tuesday, November 21st. BMO Capital Markets reaffirmed an “outperform” rating and set a C$30.00 price objective on shares of Endeavour Mining in a research note on Saturday, September 23rd. Finally, Raymond James Financial upped their price objective on shares of Endeavour Mining from C$30.50 to C$34.00 and gave the company an “outperform” rating in a research note on Saturday, September 23rd.
Shares of Endeavour Mining (TSE EDV) traded down C$0.72 during midday trading on Friday, reaching C$24.55. 227,806 shares of the company traded hands, compared to its average volume of 186,138. Endeavour Mining has a one year low of C$19.77 and a one year high of C$28.81. The stock has a market cap of $2,660.00, a PE ratio of -21.54 and a beta of -1.26.
In other news, insider Morgan Denis Carroll bought 4,625 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were bought at an average cost of C$21.41 per share, for a total transaction of C$99,021.25.
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Endeavour Mining Company Profile
Endeavour Mining Corporation (Endeavour) is an intermediate gold producer. The Company is a gold mining company that operates five mines in Cote d’Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto) and Ghana (Nzema), along with project development and exploration assets. The Company’s segments include Agbaou Mine Cote d’Ivoire, Nzema Mine Ghana, Tabakoto Mine Mali, Ity Mine Cote d’Ivoire, Karma Mine Burkina Faso, Exploration and Non-Mining.
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