National Bank Financial Increases Endeavour Mining (TSE:EDV) Price Target to C$116.00

Endeavour Mining (TSE:EDV) had its price target lifted by investment analysts at National Bank Financial from C$115.00 to C$116.00 in a research note issued to investors on Sunday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target indicates a potential upside of 45.64% from the stock’s previous close.

Several other analysts have also issued reports on the company. TD boosted their price target on Endeavour Mining from C$94.00 to C$105.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Jefferies Financial Group boosted their price objective on Endeavour Mining from C$81.00 to C$92.00 in a research report on Monday, January 19th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Endeavour Mining has a consensus rating of “Buy” and a consensus price target of C$99.50.

Endeavour Mining Stock Performance

Shares of EDV stock traded up C$1.43 during mid-day trading on Friday, hitting C$79.65. The company’s stock had a trading volume of 471,717 shares, compared to its average volume of 705,144. Endeavour Mining has a 52-week low of C$37.61 and a 52-week high of C$98.71. The stock has a market cap of C$19.24 billion, a price-to-earnings ratio of 29.07 and a beta of 1.54. The business has a 50-day moving average price of C$84.55 and a 200 day moving average price of C$74.34.

Endeavour Mining (TSE:EDV) last issued its quarterly earnings data on Thursday, April 30th. The company reported C$2.13 EPS for the quarter. Endeavour Mining had a return on equity of 27.75% and a net margin of 18.88%.The company had revenue of C$1.88 billion during the quarter. Equities research analysts predict that Endeavour Mining will post 4.4476987 EPS for the current fiscal year.

About Endeavour Mining

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.