Endeavour Mining (LON:EDV) Downgraded by JPMorgan Chase & Co. to “Outperform”

JPMorgan Chase & Co. lowered shares of Endeavour Mining (LON:EDV) to an outperform rating in a research report released on Tuesday,London Stock Exchange reports. They currently have GBX 5,900 price objective on the stock, down from their prior price objective of GBX 6,300.

Separately, Berenberg Bank dropped their price objective on Endeavour Mining from GBX 5,500 to GBX 5,000 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Endeavour Mining currently has an average rating of “Buy” and a consensus target price of GBX 4,633.33.

Endeavour Mining Stock Performance

Endeavour Mining stock opened at GBX 4,529 on Tuesday. The business’s 50-day simple moving average is GBX 4,531.03 and its 200-day simple moving average is GBX 3,865.39. The firm has a market capitalization of £10.95 billion, a PE ratio of 16.53 and a beta of 1.15. Endeavour Mining has a 52 week low of GBX 1,688 and a 52 week high of GBX 5,360.

Endeavour Mining Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, April 14th will be paid a $0.83 dividend. This represents a dividend yield of 86.0%. The ex-dividend date is Friday, March 13th. Endeavour Mining’s dividend payout ratio is currently 43.43%.

Endeavour Mining Company Profile

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.