Endeavour Mining (TSE:EDV) Receives Buy Rating from Credit Suisse Group

Credit Suisse Group reiterated their buy rating on shares of Endeavour Mining (TSE:EDVGet Rating) in a research report sent to investors on Tuesday, Stock Target Advisor reports.

Several other equities analysts also recently issued reports on EDV. Berenberg Bank reissued a buy rating and set a C$3,000.00 price target on shares of Endeavour Mining in a report on Thursday, July 7th. Barclays reissued a buy rating on shares of Endeavour Mining in a report on Thursday, August 4th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average target price of C$1,083.80.

Endeavour Mining Price Performance

Shares of Endeavour Mining stock opened at C$25.79 on Tuesday. The company has a debt-to-equity ratio of 20.93, a quick ratio of 1.18 and a current ratio of 1.55. The firm’s 50-day simple moving average is C$26.06 and its 200-day simple moving average is C$28.86. Endeavour Mining has a twelve month low of C$23.70 and a twelve month high of C$35.94. The firm has a market cap of C$6.37 billion and a P/E ratio of 36.84.

Endeavour Mining (TSE:EDVGet Rating) last issued its earnings results on Wednesday, August 3rd. The company reported C$0.57 earnings per share for the quarter, beating the consensus estimate of C$0.49 by C$0.08. The business had revenue of C$803.60 million for the quarter, compared to analyst estimates of C$760.25 million. As a group, research analysts expect that Endeavour Mining will post 1.4199999 EPS for the current fiscal year.

Endeavour Mining Increases Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, September 28th. Shareholders of record on Friday, September 2nd will be paid a $0.512 dividend. The ex-dividend date of this dividend is Thursday, September 1st. This is an increase from Endeavour Mining’s previous Semi-Annual dividend of $0.35. This represents a dividend yield of 1.54%. Endeavour Mining’s payout ratio is currently 80.00%.

Endeavour Mining Company Profile

(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.

Featured Articles

Analyst Recommendations for Endeavour Mining (TSE:EDV)

Receive News & Ratings for Endeavour Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavour Mining and related companies with MarketBeat.com's FREE daily email newsletter.