Pi Financial set a C$34.00 target price on Endeavour Mining (TSE:EDV) in a research report report published on Tuesday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
EDV has been the subject of a number of other research reports. BMO Capital Markets reaffirmed an outperform rating and set a C$36.00 price objective on shares of Endeavour Mining in a research report on Thursday, February 20th. Berenberg Bank upped their price objective on shares of Endeavour Mining from C$28.00 to C$32.00 in a research report on Friday, January 10th. Royal Bank of Canada upped their price objective on shares of Endeavour Mining from C$32.00 to C$34.00 in a research report on Thursday, March 19th. Finally, National Bank Financial set a C$35.00 price objective on shares of Endeavour Mining and gave the company an outperform rating in a research report on Monday. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Endeavour Mining has an average rating of Buy and an average price target of C$34.00.
Endeavour Mining stock opened at C$22.33 on Tuesday. The firm has a market cap of $2.38 billion and a price-to-earnings ratio of -14.98. The company has a debt-to-equity ratio of 88.89, a current ratio of 1.48 and a quick ratio of 0.79. Endeavour Mining has a fifty-two week low of C$15.68 and a fifty-two week high of C$29.18. The firm has a fifty day moving average price of C$24.08 and a two-hundred day moving average price of C$24.61.
Endeavour Mining (TSE:EDV) last released its earnings results on Monday, March 9th. The company reported C$0.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.52 by C($0.08). The business had revenue of C$327.28 million for the quarter. As a group, sell-side analysts expect that Endeavour Mining will post 1.95 earnings per share for the current year.
In other news, Senior Officer Morgan Denis Carroll sold 14,000 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of C$26.71, for a total transaction of C$373,940.00. Following the completion of the transaction, the insider now owns 82,283 shares of the company’s stock, valued at C$2,197,778.93.
Endeavour Mining Company Profile
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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