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

Endeavour Mining plc (LON:EDV) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 4,286 and last traded at GBX 4,210, with a volume of 1506527 shares. The stock had previously closed at GBX 4,108.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated 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, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 3,650.

Endeavour Mining Price Performance

The company has a market capitalization of £10.22 billion, a PE ratio of 21.43 and a beta of 0.92. The business’s 50 day simple moving average is GBX 3,576.22 and its 200 day simple moving average is GBX 3,014.93.

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.