Endeavour Mining (EDV) Sets New 1-Year Low at $18.55
Shares of Endeavour Mining Corp (TSE:EDV) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$18.55 and last traded at C$18.81, with a volume of 150815 shares changing hands. The stock had previously closed at C$19.52.
A number of analysts have recently issued reports on the stock. Pi Financial lowered their price objective on shares of Endeavour Mining from C$30.00 to C$29.00 in a report on Tuesday, June 5th. Raymond James reiterated an “outperform” rating and issued a C$31.00 price objective on shares of Endeavour Mining in a report on Tuesday, April 24th. BMO Capital Markets lowered their price objective on shares of Endeavour Mining from C$35.00 to C$30.00 in a report on Thursday, August 2nd. Canaccord Genuity lifted their price objective on shares of Endeavour Mining from C$37.00 to C$38.50 in a report on Monday, April 23rd. Finally, Scotiabank reiterated an “outperform” rating and issued a C$33.00 price objective on shares of Endeavour Mining in a report on Wednesday, May 23rd.
Endeavour Mining (TSE:EDV) last issued its earnings results on Tuesday, May 15th. The company reported C$0.33 earnings per share for the quarter. The business had revenue of C$303.75 million for the quarter. Endeavour Mining had a negative net margin of 19.12% and a negative return on equity of 11.08%.
About Endeavour Mining (TSE:EDV)
Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. The company owns interests in the Agbaou mine located in Abidjan, Côte d'Ivoire; Tabakoto mine situated in southwestern Mali; Karma mine located in Burkina Faso covering an area of 856 square kilometers; Ity Carbon-In-Leach project situated in Côte d'Ivoire; Houndé project located in Burkina Faso covering an area of 1,075 square kilometers; and Kalana project covering an area of 387 square kilometers situated in Mali.
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