Endeavour Mining’s (EDV) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Endeavour Mining (LON:EDV) in a research report released on Tuesday morning,Digital Look reports. The brokerage currently has a GBX 5,700 target price on the stock.

A number of other equities research analysts have also commented on the company. Royal Bank Of Canada lowered Endeavour Mining to a “sector perform” rating and decreased their price target for the stock from GBX 5,100 to GBX 4,600 in a research report on Friday, August 7th. JPMorgan Chase & Co. cut their price objective on Endeavour Mining from GBX 5,700 to GBX 5,100 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 5,000 price objective on shares of Endeavour Mining in a research report on Thursday, July 30th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 5,100.

Endeavour Mining Trading Up 6.2%

LON EDV opened at GBX 4,013 on Tuesday. The firm has a market cap of £9.67 billion, a price-to-earnings ratio of 11.80 and a beta of 1.14. The company has a 50 day moving average of GBX 4,287.03 and a 200-day moving average of GBX 4,296.91. Endeavour Mining has a 1-year low of GBX 2,956 and a 1-year high of GBX 5,360.

Endeavour Mining Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, October 9th were given a $0.95 dividend. This represents a yield of 111.0%. The ex-dividend date was Friday, September 11th. Endeavour Mining’s dividend payout ratio (DPR) is presently 42.65%.

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.