Endeavour Mining plc (OTCMKTS:EDVMF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Endeavour Mining plc (OTCMKTS:EDVMF) have earned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company.

EDVMF has been the subject of a number of research reports. Scotiabank reiterated an “outperform” rating on shares of Endeavour Mining in a report on Monday, January 26th. Morgan Stanley reaffirmed an “overweight” rating on shares of Endeavour Mining in a research report on Monday, January 12th. Raymond James Financial reiterated an “outperform” rating on shares of Endeavour Mining in a research note on Friday, October 10th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Endeavour Mining in a research note on Sunday, December 7th.

Endeavour Mining Price Performance

EDVMF stock opened at $55.77 on Thursday. The stock has a 50-day moving average price of $51.92 and a two-hundred day moving average price of $42.92. Endeavour Mining has a 12-month low of $19.60 and a 12-month high of $65.76.

Endeavour Mining Company Profile

Endeavour Mining is a gold production company with primary operations across West Africa. The company focuses on the exploration, development and extraction of gold resources, operating a portfolio of mines and development projects in Côte d’Ivoire, Burkina Faso and Mali. Production is complemented by regional exploration programs designed to identify additional gold deposits and extend mine life across its project portfolio.

Key operating assets include the Ity and Agbaou mines in Côte d’Ivoire, the Houndé mine in Burkina Faso and the Kalana project in Mali.