Endeavour Mining (LON:EDV) Hits New 52-Week High – Still a Buy?

Endeavour Mining plc (LON:EDV) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 4,414 and last traded at GBX 4,278, with a volume of 72767773 shares traded. The stock had previously closed at GBX 4,208.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 4,300 price target on shares of Endeavour Mining in a research report on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 3,650.

Endeavour Mining Trading Up 1.7%

The stock has a market cap of £10.30 billion, a P/E ratio of 21.61 and a beta of 0.92. The company’s fifty day simple moving average is GBX 3,682.18 and its 200-day simple moving average is GBX 3,080.37.

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.