Endeavour Mining Corp. (TSE:EDV) Receives C$31.40 Average PT from Analysts

Shares of Endeavour Mining Corp. (TSE:EDV) have received a consensus recommendation of “Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$31.40.

A number of equities research analysts have commented on EDV shares. Royal Bank Of Canada upgraded shares of Endeavour Mining from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 4th. National Bankshares raised their price target on shares of Endeavour Mining from C$51.00 to C$57.00 and gave the company an “outperform” rating in a research report on Tuesday, June 24th.

Endeavour Mining Trading Down 5.2%

TSE:EDV opened at C$50.88 on Monday. The stock has a market capitalization of C$12.25 billion, a price-to-earnings ratio of 55.91 and a beta of 0.68. The firm has a fifty day simple moving average of C$46.16 and a two-hundred day simple moving average of C$40.85. Endeavour Mining has a 12 month low of C$25.07 and a 12 month high of C$54.86.

Endeavour Mining Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 23rd will be given a $0.62 dividend. The ex-dividend date of this dividend is Friday, September 26th. This represents a yield of 116.0%. Endeavour Mining’s payout ratio is currently 107.69%.

Endeavour Mining Company Profile

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.