Canaccord Genuity Raises Endeavour Mining (EDV) Price Target to C$39.00
Endeavour Mining (TSE:EDV) had its price target upped by equities researchers at Canaccord Genuity from C$37.00 to C$39.00 in a research report issued to clients and investors on Friday. Canaccord Genuity’s target price points to a potential upside of 58.86% from the company’s previous close.
A number of other research firms have also recently weighed in on EDV. Scotiabank reiterated an “outperform” rating and issued a C$31.00 target price on shares of Endeavour Mining in a research note on Wednesday, September 27th. BMO Capital Markets restated an “outperform” rating and set a C$30.00 price target on shares of Endeavour Mining in a research note on Saturday, September 23rd. Finally, Raymond James Financial upped their price target on shares of Endeavour Mining from C$30.50 to C$34.00 and gave the company an “outperform” rating in a research note on Saturday, September 23rd.
Endeavour Mining (EDV) traded down C$0.72 on Friday, reaching C$24.55. 227,806 shares of the company’s stock were exchanged, compared to its average volume of 186,138. The stock has a market capitalization of $2,720.00, a PE ratio of -21.54 and a beta of -1.26. Endeavour Mining has a 52-week low of C$19.77 and a 52-week high of C$28.81.
In other Endeavour Mining news, insider Morgan Denis Carroll purchased 4,625 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The shares were bought at an average cost of C$21.41 per share, for a total transaction of C$99,021.25.
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About Endeavour Mining
Endeavour Mining Corporation (Endeavour) is an intermediate gold producer. The Company is a gold mining company that operates five mines in Cote d’Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto) and Ghana (Nzema), along with project development and exploration assets. The Company’s segments include Agbaou Mine Cote d’Ivoire, Nzema Mine Ghana, Tabakoto Mine Mali, Ity Mine Cote d’Ivoire, Karma Mine Burkina Faso, Exploration and Non-Mining.
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