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

Endeavour Mining plc (LON:EDV)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 5,025 and last traded at GBX 5,010, with a volume of 596678 shares traded. The stock had previously closed at GBX 4,710.

Wall Street Analysts Forecast Growth

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

Endeavour Mining Stock Up 2.5%

The firm has a market capitalization of £12.28 billion, a price-to-earnings ratio of 25.76 and a beta of 0.92. The stock’s 50 day moving average price is GBX 4,245.44 and its two-hundred day moving average price is GBX 3,474.76.

About Endeavour Mining

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.