Endeavour Mining (LON:EDV) Hits New 12-Month High – Here’s Why

Endeavour Mining plc (LON:EDV) hit a new 52-week high on Thursday . The company traded as high as GBX 4,072 and last traded at GBX 4,060, with a volume of 2020562 shares. The stock had previously closed at GBX 3,926.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 4,300 price target on shares of Endeavour Mining in a research report on Thursday, November 13th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 3,650.

Endeavour Mining Price Performance

The firm has a market cap of £9.73 billion, a P/E ratio of 20.41 and a beta of 0.92. The stock has a 50 day moving average of GBX 3,496.75 and a 200 day moving average of GBX 2,959.62.

Endeavour Mining Company Profile

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.