Endeavour Mining Corp’s (EDV) “Outperform” Rating Reiterated at Scotiabank
Endeavour Mining Corp (TSE:EDV)‘s stock had its “outperform” rating reaffirmed by Scotiabank in a report released on Wednesday. They currently have a C$31.75 price target on the stock. Scotiabank’s price target points to a potential upside of 28.33% from the stock’s current price.
Several other equities research analysts have also issued reports on the stock. Clarus Securities reissued 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 target price on shares of Endeavour Mining Corp in a research note on Thursday, September 1st. Finally, Canaccord Genuity raised shares of Endeavour Mining Corp from a “hold” rating to a “buy” rating and increased their target price for the stock from C$17.50 to C$29.00 in a research note on Tuesday, July 12th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Endeavour Mining Corp has a consensus rating of “Buy” and an average target price of C$23.13.
Shares of Endeavour Mining Corp (TSE:EDV) traded up 4.74% during midday trading on Wednesday, reaching $24.74. The company’s stock had a trading volume of 320,307 shares. The company has a 50 day moving average price of $23.49 and a 200-day moving average price of $20.60. The stock’s market capitalization is $2.29 billion. Endeavour Mining Corp has a 52 week low of $0.60 and a 52 week high of $27.17.
Endeavour Mining Corp Company Profile
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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