Endeavour Mining (TSE:EDV) Given New C$93.00 Price Target at National Bankshares

Endeavour Mining (TSE:EDV) had its price target upped by National Bankshares from C$88.00 to C$93.00 in a research note published on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other equities research analysts also recently commented on the company. Jefferies Financial Group raised their target price on Endeavour Mining from C$81.00 to C$92.00 in a report on Monday, January 19th. Berenberg Bank lifted their price objective on shares of Endeavour Mining from C$79.00 to C$85.00 in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Endeavour Mining has an average rating of “Moderate Buy” and a consensus target price of C$76.75.

Endeavour Mining Trading Up 0.2%

TSE:EDV opened at C$78.81 on Wednesday. The firm has a market capitalization of C$18.97 billion, a price-to-earnings ratio of 39.80 and a beta of 1.04. The firm’s fifty day simple moving average is C$72.25 and its 200 day simple moving average is C$59.79. Endeavour Mining has a twelve month low of C$28.19 and a twelve month high of C$90.14.

Endeavour Mining (TSE:EDV) last announced its quarterly earnings results on Thursday, November 13th. The company reported C$0.66 earnings per share (EPS) for the quarter. The firm had revenue of C$1.27 billion during the quarter. Endeavour Mining had a negative return on equity of 11.19% and a negative net margin of 14.83%. On average, analysts predict that Endeavour Mining will post 4.4476987 earnings per share for the current year.

Insiders Place Their Bets

In other Endeavour Mining news, insider Martin John White sold 15,565 shares of Endeavour Mining stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of C$36.52, for a total transaction of C$568,433.80. Following the sale, the insider directly owned 11,000 shares in the company, valued at C$401,720. The trade was a 58.59% decrease in their position. Also, insider La Mancha Capital Management Gp sold 60,900 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of C$73.21, for a total value of C$4,458,489.00. Following the transaction, the insider owned 35,310,054 shares of the company’s stock, valued at approximately C$2,585,049,053.34. This trade represents a 0.17% decrease in their ownership of the stock. Insiders have sold 704,074 shares of company stock worth $49,986,913 in the last quarter. Company insiders own 19.11% of the company’s stock.

About Endeavour Mining

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.