Endeavour Mining plc (OTCMKTS:EDVMF) Receives Average Rating of “Moderate Buy” from Analysts

Endeavour Mining plc (OTCMKTS:EDVMF) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company.

EDVMF has been the subject of several recent analyst reports. Raymond James Financial restated an “outperform” rating on shares of Endeavour Mining in a research note on Friday, October 10th. Scotiabank reaffirmed an “outperform” rating on shares of Endeavour Mining in a research note on Monday. Morgan Stanley reiterated an “overweight” rating on shares of Endeavour Mining in a report on Monday, January 12th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Endeavour Mining in a research report on Sunday, December 7th.

Endeavour Mining Stock Performance

OTCMKTS EDVMF opened at $62.43 on Thursday. The stock’s 50 day moving average is $50.98 and its 200 day moving average is $42.26. Endeavour Mining has a twelve month low of $19.23 and a twelve month high of $63.00.

About Endeavour Mining

Endeavour Mining is a gold production company with primary operations across West Africa. The company focuses on the exploration, development and extraction of gold resources, operating a portfolio of mines and development projects in Côte d’Ivoire, Burkina Faso and Mali. Production is complemented by regional exploration programs designed to identify additional gold deposits and extend mine life across its project portfolio.

Key operating assets include the Ity and Agbaou mines in Côte d’Ivoire, the Houndé mine in Burkina Faso and the Kalana project in Mali.