Endeavour Mining (TSE:EDV) PT Set at C$9.00 by Ventum Financial

Endeavour Mining (TSE:EDV) has been assigned a C$9.00 target price by Ventum Financial in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Ventum Financial’s price objective would suggest a potential downside of 66.94% from the stock’s previous close.

Several other research analysts have also commented on EDV. Royal Bank of Canada lowered Endeavour Mining from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from C$48.00 to C$40.00 in a research report on Tuesday, August 6th. UBS Group upgraded Endeavour Mining to a “strong-buy” rating in a research note on Thursday, August 1st.

Endeavour Mining Trading Down 1.3 %

Endeavour Mining stock traded down C$0.36 during mid-day trading on Wednesday, reaching C$27.22. 192,244 shares of the company’s stock were exchanged, compared to its average volume of 496,456. The stock’s fifty day simple moving average is C$31.25. The firm has a market capitalization of C$6.63 billion, a P/E ratio of -27.24 and a beta of 0.92. Endeavour Mining has a twelve month low of C$21.11 and a twelve month high of C$34.84.

Endeavour Mining Company Profile

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d’Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.