Endeavour Mining (LON:EDV) Hits New 52-Week High – Here’s Why

Endeavour Mining plc (LON:EDV) shares reached a new 52-week high on Monday . The stock traded as high as GBX 5,025 and last traded at GBX 5,010, with a volume of 596678 shares changing hands. The stock had previously closed at GBX 4,710.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 4,300 target price on shares of Endeavour Mining in a research note on Thursday, November 13th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 3,650.

Endeavour Mining Price Performance

The company has a market cap of £12.06 billion, a P/E ratio of 25.30 and a beta of 0.92. The stock has a fifty day moving average price of GBX 4,166.14 and a two-hundred day moving average price of GBX 3,427.64.

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.