Endeavour Mining plc (OTCMKTS:EDVMF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Endeavour Mining plc (OTCMKTS:EDVMF) has been given an average recommendation of “Moderate Buy” by the eight ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company.

EDVMF has been the topic of several recent analyst reports. Jefferies Financial Group reiterated a “buy” rating on shares of Endeavour Mining in a report on Sunday, December 7th. Scotiabank reaffirmed an “outperform” rating on shares of Endeavour Mining in a research note on Thursday, October 23rd. Raymond James Financial reiterated an “outperform” rating on shares of Endeavour Mining in a report on Friday, October 10th. Finally, Morgan Stanley restated an “overweight” rating on shares of Endeavour Mining in a report on Wednesday, October 8th.

Endeavour Mining Price Performance

OTCMKTS EDVMF opened at $49.23 on Friday. Endeavour Mining has a one year low of $17.81 and a one year high of $55.50. The firm has a 50 day simple moving average of $45.54 and a 200-day simple moving average of $39.08.

About Endeavour Mining

Endeavour Mining is a gold production company with primary operations across West Africa. The company focuses on the exploration, development and extraction of gold resources, operating a portfolio of mines and development projects in Côte d’Ivoire, Burkina Faso and Mali. Production is complemented by regional exploration programs designed to identify additional gold deposits and extend mine life across its project portfolio.

Key operating assets include the Ity and Agbaou mines in Côte d’Ivoire, the Houndé mine in Burkina Faso and the Kalana project in Mali.