Endeavour Mining Corp. (TSE:EDV) Receives C$38.80 Consensus PT from Analysts

Shares of Endeavour Mining Corp. (TSE:EDV) have been assigned an average recommendation of “Buy” from the five research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$38.80.

Several equities analysts recently weighed in on the stock. National Bankshares set a C$18.00 target price on shares of Endeavour Mining and gave the company an “outperform” rating in a research note on Monday, December 8th. Berenberg Bank increased their price objective on shares of Endeavour Mining from C$79.00 to C$85.00 in a report on Wednesday, December 17th.

Endeavour Mining Trading Up 1.3%

Shares of EDV opened at C$71.08 on Wednesday. The business’s 50 day moving average is C$62.42 and its 200 day moving average is C$53.50. Endeavour Mining has a 12-month low of C$25.71 and a 12-month high of C$74.72. The company has a market capitalization of C$17.11 billion, a PE ratio of 35.90 and a beta of 0.94.

Endeavour Mining (TSE:EDV) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.66 earnings per share (EPS) for the quarter. The business had revenue of C$1.27 billion during the quarter. Endeavour Mining had a negative net margin of 14.83% and a negative return on equity of 11.19%. Equities research analysts predict that Endeavour Mining will post 4.4476987 earnings per share for the current year.

Insider Transactions at Endeavour Mining

In other Endeavour Mining news, insider La Mancha Capital Management Gp sold 253,572 shares of Endeavour Mining stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of C$32.26, for a total value of C$8,180,232.72. Following the sale, the insider owned 35,880,400 shares of the company’s stock, valued at C$1,157,501,704. The trade was a 0.70% decrease in their position. Also, insider La Mancha Investments S.Ï¿½ R.L. sold 253,572 shares of the company’s stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of C$32.26, for a total value of C$8,180,232.72. Following the sale, the insider directly owned 35,880,400 shares in the company, valued at C$1,157,501,704. This trade represents a 0.70% decrease in their ownership of the stock. Insiders sold a total of 2,858,728 shares of company stock valued at $129,498,601 in the last ninety days. Corporate insiders own 19.11% of the company’s stock.

Endeavour Mining Company Profile

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.