Endeavour Mining Corp (EDV) Given Average Recommendation of “Buy” by Brokerages

Endeavour Mining Corp (TSE:EDV) has earned an average recommendation of “Buy” from the six brokerages that are presently covering the stock. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$21.40.

A number of research firms have commented on EDV. Clarus Securities reaffirmed an “accumulate” rating on shares of Endeavour Mining Corp in a research report on Tuesday, August 2nd. Canaccord Genuity raised shares of Endeavour Mining Corp from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$17.50 to C$29.00 in a research report on Tuesday, July 12th. Finally, Peel Hunt reaffirmed a “buy” rating and set a C$26.00 price objective on shares of Endeavour Mining Corp in a research report on Thursday, September 1st.

Shares of Endeavour Mining Corp (TSE:EDV) opened at 21.07 on Friday. The stock’s 50 day moving average is $23.18 and its 200 day moving average is $20.17. The stock’s market cap is $1.95 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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