Endeavour Mining (TSE:EDV) had its price target decreased by Royal Bank of Canada from C$29.00 to C$28.00 in a research report sent to investors on Wednesday. Royal Bank of Canada currently has an outperform rating on the stock.
A number of other analysts have also weighed in on the company. Raymond James raised their target price on Endeavour Mining from C$28.00 to C$29.00 in a research note on Friday, January 18th. Pi Financial lowered their target price on Endeavour Mining from C$26.25 to C$25.75 in a research note on Wednesday, November 21st. Finally, National Bank Financial lifted their price objective on Endeavour Mining from C$28.00 to C$29.00 and gave the stock a sector perform rating in a research report on Friday, January 25th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of C$29.10.
Shares of TSE:EDV opened at C$19.40 on Wednesday. Endeavour Mining has a twelve month low of C$16.34 and a twelve month high of C$24.74. The firm has a market capitalization of $2.14 billion and a PE ratio of -17.20. The company has a debt-to-equity ratio of 54.34, a current ratio of 1.57 and a quick ratio of 0.41.
In related news, insider Morgan Denis Carroll sold 7,000 shares of Endeavour Mining stock in a transaction dated Friday, December 28th. The stock was sold at an average price of C$22.06, for a total value of C$154,420.00. Following the completion of the sale, the insider now directly owns 76,315 shares in the company, valued at C$1,683,508.90. Over the last quarter, insiders sold 31,000 shares of company stock valued at $672,575.
Endeavour Mining Company Profile
Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. The company owns interests in the Agbaou mine located in Abidjan, Côte d'Ivoire; Tabakoto mine situated in southwestern Mali; Karma mine located in Burkina Faso covering an area of 856 square kilometers; Ity Carbon-In-Leach project situated in Côte d'Ivoire; Houndé project located in Burkina Faso covering an area of 1,075 square kilometers; and Kalana project covering an area of 387 square kilometers situated in Mali.
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