Shares of Endeavour Mining Corp (TSE:EDV) have been given an average rating of “Buy” by the seven ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$32.30.
EDV has been the topic of several research reports. Pi Financial lowered shares of Endeavour Mining from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from C$26.50 to C$32.00 in a research note on Wednesday, July 24th. Desjardins boosted their price objective on shares of Endeavour Mining from C$30.00 to C$32.00 in a research note on Wednesday, July 17th. National Bank Financial dropped their price objective on shares of Endeavour Mining from C$37.00 to C$34.00 in a research note on Monday, October 21st. Berenberg Bank boosted their price objective on shares of Endeavour Mining from C$28.97 to C$29.11 in a research note on Friday. Finally, CSFB dropped their price objective on shares of Endeavour Mining from C$33.00 to C$32.00 in a research note on Wednesday, August 7th.
Shares of TSE EDV opened at C$23.20 on Friday. Endeavour Mining has a 1 year low of C$16.34 and a 1 year high of C$28.98. The company has a debt-to-equity ratio of 77.27, a current ratio of 1.45 and a quick ratio of 0.62. The company’s 50-day moving average is C$24.76 and its 200 day moving average is C$23.08. The stock has a market capitalization of $2.59 billion and a P/E ratio of -16.09.
Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. Its flagship properties are the Houndé mine located in Burkina Faso and the Ity CIL project situated in Côte d'Ivoire. As of December 31, 2018, the company had proved and probable reserves of 8.0 million ounces, as well as measured and indicated resources of 13.9 million ounces of gold.
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