Endeavour Mining (EDV) Stock Price Up 4%

Endeavour Mining Corp (TSE:EDV)’s share price rose 4% during mid-day trading on Wednesday . The company traded as high as C$23.25 and last traded at C$22.67. Approximately 1,114,048 shares changed hands during trading, an increase of 234% from the average daily volume of 333,164 shares. The stock had previously closed at C$21.80.

EDV has been the topic of a number of research reports. Canaccord Genuity boosted their target price on shares of Endeavour Mining from C$36.00 to C$37.00 in a research report on Monday, November 20th. Scotiabank reiterated an “outperform” rating and set a C$33.00 price target on shares of Endeavour Mining in a research note on Tuesday, November 21st.

The stock has a market capitalization of $2,440.00, a P/E ratio of -19.86 and a beta of -1.26.

Endeavour Mining (TSE:EDV) last posted its quarterly earnings results on Thursday, November 9th. The company reported C($0.13) earnings per share for the quarter. Endeavour Mining had a negative return on equity of 11.08% and a negative net margin of 19.12%.

In other Endeavour Mining news, insider Morgan Denis Carroll purchased 4,625 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were purchased at an average price of C$21.41 per share, for a total transaction of C$99,021.25.

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Endeavour Mining 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.

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