Endeavour Mining’s (EDV) “Buy” Rating Reaffirmed at Barclays

Endeavour Mining (TSE:EDVGet Rating)‘s stock had its “buy” rating reissued by stock analysts at Barclays in a report issued on Monday, TipRanks reports. They presently have a C$3,000.00 price objective on the stock.

Several other equities analysts also recently commented on EDV. Haywood Securities boosted their target price on shares of Endeavour Mining from C$46.00 to C$50.00 and gave the stock a “buy” rating in a report on Wednesday, April 6th. Pi Financial reissued a “buy” rating on shares of Endeavour Mining in a report on Monday, February 7th. Berenberg Bank reduced their target price on Endeavour Mining from C$44.00 to C$42.00 in a report on Tuesday, April 5th. Royal Bank of Canada reissued a “buy” rating and set a C$2,500.00 price target on shares of Endeavour Mining in a research note on Friday, March 25th. Finally, Raymond James set a C$43.00 price target on Endeavour Mining and gave the company an “outperform” rating in a report on Friday, May 6th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Endeavour Mining presently has a consensus rating of “Buy” and a consensus price target of C$720.82.

Shares of EDV traded up C$0.46 during mid-day trading on Monday, reaching C$29.50. The stock had a trading volume of 161,003 shares, compared to its average volume of 798,438. The firm has a market cap of C$7.31 billion and a price-to-earnings ratio of 25.37. The company has a debt-to-equity ratio of 20.36, a quick ratio of 1.77 and a current ratio of 2.41. The business has a fifty day moving average of C$31.94 and a 200 day moving average of C$30.64. Endeavour Mining has a 12 month low of C$25.61 and a 12 month high of C$35.94.

Endeavour Mining (TSE:EDVGet Rating) last announced its quarterly earnings data on Thursday, March 17th. The company reported C$0.73 EPS for the quarter, beating the consensus estimate of C$0.66 by C$0.07. The business had revenue of C$878.74 million during the quarter, compared to analysts’ expectations of C$899.35 million. On average, research analysts forecast that Endeavour Mining will post 1.1799999 EPS for the current fiscal year.

In related news, Senior Officer Pascal Bernasconi sold 25,000 shares of the stock in a transaction on Tuesday, February 15th. The stock was sold at an average price of C$30.79, for a total transaction of C$769,750.00. Following the sale, the insider now owns 68,787 shares in the company, valued at approximately C$2,117,951.73.

About Endeavour Mining (Get Rating)

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. Its project portfolio includes 90% owned Houndé, Mana, Boungou, and Wahgnion mines in Burkina Faso; 85% owned Ity mine located in Côte d'Ivoire; 90% owned Sabodala-Massawa mine situated in Senegal; and Fetekro, Kalana, Bantou, Nabanga, and Afema development projects.

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Analyst Recommendations for Endeavour Mining (TSE:EDV)

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