Endeavour Mining Corp (EDV) Rating Reiterated by Scotiabank

Endeavour Mining Corp (TSE:EDV)‘s stock had its “outperform” rating reaffirmed by stock analysts at Scotiabank in a report issued on Wednesday. They presently have a C$33.00 price objective on the stock. Scotiabank’s price objective indicates a potential upside of 54.64% from the company’s current price.

Several other equities analysts have also commented on EDV. Raymond James Financial, Inc. increased their price objective on shares of Endeavour Mining Corp from C$28.50 to C$30.50 in a research report on Thursday, September 7th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$30.00 price objective on shares of Endeavour Mining Corp in a research report on Saturday, September 23rd. Finally, Canaccord Genuity increased their price objective on shares of Endeavour Mining Corp from C$33.00 to C$36.00 in a research report on Friday, September 29th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of C$27.45.

Shares of Endeavour Mining Corp (EDV) traded down C$0.16 during trading on Wednesday, hitting C$21.34. 111,892 shares of the company traded hands, compared to its average volume of 297,095. Endeavour Mining Corp has a 52-week low of C$17.37 and a 52-week high of C$28.81.

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In other Endeavour Mining Corp news, insider Morgan Denis Carroll bought 4,625 shares of the stock in a transaction on Friday, November 10th. The shares were bought at an average price of C$21.41 per share, with a total value of C$99,021.25. Also, insider Jeremy Langford bought 6,000 shares of the stock in a transaction on Thursday, August 24th. The shares were acquired at an average cost of C$22.26 per share, for a total transaction of C$133,560.00.

Endeavour Mining Corp Company Profile

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.

Analyst Recommendations for Endeavour Mining Corp (TSE:EDV)

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