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

Endeavour Mining plc (OTCMKTS:EDVMF) has been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a buy rating.

Several equities analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Endeavour Mining in a report on Sunday, December 7th. Morgan Stanley reissued an “overweight” rating on shares of Endeavour Mining in a research note on Tuesday, February 17th. Canadian Imperial Bank of Commerce upgraded Endeavour Mining from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 4th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Endeavour Mining in a research note on Monday, January 26th.

Endeavour Mining Price Performance

Shares of EDVMF opened at $51.52 on Friday. The company’s fifty day simple moving average is $60.27 and its 200-day simple moving average is $49.87. Endeavour Mining has a twelve month low of $21.35 and a twelve month high of $72.18.

Endeavour Mining Company Profile

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.