Endeavour Mining (TSE:EDV) Raised to “Strong-Buy” at Ventum Cap Mkts

Endeavour Mining (TSE:EDV) was upgraded by Ventum Cap Mkts to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

A number of other analysts have also issued reports on EDV. Ventum Financial set a C$9.00 price objective on Endeavour Mining and gave the company a “buy” rating in a research note on Wednesday. UBS Group upgraded Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st. Finally, Royal Bank of Canada cut Endeavour Mining from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from C$48.00 to C$40.00 in a report on Tuesday, August 6th.

Endeavour Mining Price Performance

Endeavour Mining stock traded down C$0.03 during mid-day trading on Wednesday, reaching C$27.13. The stock had a trading volume of 81,096 shares, compared to its average volume of 495,113. The company has a 50-day simple moving average of C$31.23. The stock has a market cap of C$6.61 billion, a price-to-earnings ratio of -27.16 and a beta of 0.92. Endeavour Mining has a fifty-two week low of C$21.11 and a fifty-two week high of C$34.84.

Endeavour Mining Company Profile

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d’Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.