Endeavour Mining (OTCMKTS:EDVMF) Price Target Cut to C$48.00 by Analysts at Berenberg Bank

Endeavour Mining (OTCMKTS:EDVMF – Get Rating) had its target price decreased by Berenberg Bank from C$52.00 to C$48.00 in a research note published on Wednesday morning, The Fly reports.

Several other equities analysts also recently weighed in on the company. National Bank Financial lifted their target price on Endeavour Mining from C$46.00 to C$48.00 in a research report on Tuesday, February 14th. Barclays lifted their target price on Endeavour Mining from GBX 2,400 ($28.86) to GBX 2,580 ($31.02) in a research report on Monday, December 12th. Finally, CIBC lifted their target price on Endeavour Mining from C$40.00 to C$46.00 in a research report on Tuesday, February 7th.

Endeavour Mining Price Performance

Shares of OTCMKTS:EDVMF opened at $19.96 on Wednesday. The business has a 50-day moving average price of $22.57 and a 200 day moving average price of $20.60. Endeavour Mining has a 12-month low of $16.47 and a 12-month high of $27.28.

Endeavour Mining Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 28th. Stockholders of record on Friday, February 24th will be given a dividend of $0.41 per share. The ex-dividend date is Thursday, February 23rd. This is an increase from Endeavour Mining’s previous dividend of $0.40. This represents a dividend yield of 3.57%.

About Endeavour Mining

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Endeavour Mining Plc is one of gold producer in West Africa and member of the World Gold Council. The firm is operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the prospective Birimian Greenstone Belt across West Africa.