Endeavour Mining (TSE:EDV) Given New C$57.00 Price Target at National Bankshares

Endeavour Mining (TSE:EDV) had its price target increased by research analysts at National Bankshares from C$51.00 to C$57.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price suggests a potential upside of 36.33% from the company’s current price.

Several other analysts have also issued reports on EDV. National Bank Financial upgraded shares of Endeavour Mining to a “strong-buy” rating in a research report on Friday, March 21st. CIBC cut Endeavour Mining from an “outperform” rating to a “neutral” rating and dropped their target price for the company from C$41.00 to C$37.00 in a report on Thursday, February 27th. Royal Bank Of Canada raised Endeavour Mining from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 4th. Jefferies Financial Group increased their price objective on Endeavour Mining from C$45.00 to C$46.00 in a research note on Friday, April 4th. Finally, Cibc World Mkts cut shares of Endeavour Mining from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 27th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and four have given a strong buy rating to the company’s stock. According to MarketBeat, Endeavour Mining presently has an average rating of “Buy” and a consensus target price of C$32.83.

Endeavour Mining Stock Down 2.5%

Shares of Endeavour Mining stock traded down C$1.07 during trading on Tuesday, reaching C$41.81. The company’s stock had a trading volume of 412,394 shares, compared to its average volume of 549,723. Endeavour Mining has a 52-week low of C$25.07 and a 52-week high of C$45.17. The firm’s 50-day moving average is C$40.75 and its two-hundred day moving average is C$33.62. The company has a market cap of C$7.14 billion, a price-to-earnings ratio of -20.93 and a beta of 0.92.

About Endeavour Mining

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.