Raymond James set a C$31.00 price target on Endeavour Mining (TSE:EDV) in a report published on Tuesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.
EDV has been the subject of a number of other reports. Royal Bank of Canada reissued an underperform rating and issued a GBX 215 ($2.81) price objective on shares of in a research note on Wednesday, June 26th. Berenberg Bank lifted their price objective on shares of Endeavour Mining from C$22.55 to C$24.35 in a research note on Tuesday, July 2nd. National Bank Financial cut shares of Detour Gold to a hold rating in a research note on Friday, June 28th. CSFB set a C$32.00 price objective on shares of Endeavour Mining and gave the stock an outperform rating in a research note on Tuesday, April 16th. Finally, Pi Financial lifted their price objective on shares of Wesdome Gold Mines from C$4.10 to C$4.30 in a research note on Monday, March 25th. Six investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and an average target price of C$30.48.
Shares of TSE EDV opened at C$22.57 on Tuesday. The company has a debt-to-equity ratio of 75.18, a quick ratio of 0.59 and a current ratio of 1.15. The company has a market cap of $2.36 billion and a P/E ratio of -14.15. The company has a fifty day moving average of C$20.70. Endeavour Mining has a 52-week low of C$16.34 and a 52-week high of C$24.45.
Endeavour Mining (TSE:EDV) last issued its quarterly earnings data on Wednesday, May 1st. The company reported C($0.05) EPS for the quarter, topping analysts’ consensus estimates of C($0.19) by C$0.14. The business had revenue of C$201.18 million during the quarter, compared to analysts’ expectations of C$163.22 million. As a group, equities analysts anticipate that Endeavour Mining will post 1.4699999 earnings per share for the current fiscal year.
In related news, Senior Officer Vincent Benoit sold 50,000 shares of Endeavour Mining stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of C$20.71, for a total transaction of C$1,035,500.00. Following the completion of the transaction, the insider now directly owns 106,875 shares of the company’s stock, valued at approximately C$2,213,381.25.
About Endeavour Mining
Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. Its flagship properties are the Houndé mine located in Burkina Faso and the Ity CIL project situated in Côte d'Ivoire. As of December 31, 2018, the company had proved and probable reserves of 8.0 million ounces, as well as measured and indicated resources of 13.9 million ounces of gold.
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