Endeavour Mining plc (OTCMKTS:EDVMF) Receives Average Rating of “Buy” from Brokerages

Endeavour Mining plc (OTCMKTS:EDVMF) has received an average recommendation of “Buy” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a buy recommendation.

Several brokerages have recently issued reports on EDVMF. Morgan Stanley reissued an “overweight” rating on shares of Endeavour Mining in a research report on Tuesday, February 17th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Endeavour Mining in a research note on Sunday, December 7th. Canadian Imperial Bank of Commerce raised shares of Endeavour Mining from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 4th. Finally, Scotiabank restated an “outperform” rating on shares of Endeavour Mining in a research note on Monday, January 26th.

Endeavour Mining Price Performance

EDVMF opened at $64.78 on Monday. The stock’s 50-day moving average price is $55.89 and its 200 day moving average price is $45.79. Endeavour Mining has a 12-month low of $19.60 and a 12-month high of $65.76.

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.