BMO Capital Markets Lowers Endeavour Mining (TSE:EDV) Price Target to C$8.00

Endeavour Mining (TSE:EDV) had its price target dropped by equities researchers at BMO Capital Markets from C$8.50 to C$8.00 in a report issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ price objective suggests a potential downside of 69.78% from the company’s current price.

EDV has been the topic of a number of other reports. CIBC lowered their price target on Endeavour Mining from C$44.00 to C$43.00 in a research report on Monday, November 18th. Ventum Cap Mkts upgraded shares of Endeavour Mining to a “strong-buy” rating in a research note on Wednesday, November 13th. Finally, Ventum Financial set a C$9.00 price objective on Endeavour Mining and gave the company a “buy” rating in a research report on Wednesday, November 13th.

Endeavour Mining Price Performance

TSE:EDV opened at C$26.47 on Thursday. The business has a 50-day simple moving average of C$27.46. The firm has a market capitalization of C$6.45 billion, a price-to-earnings ratio of -26.47 and a beta of 0.92. Endeavour Mining has a 12-month low of C$21.11 and a 12-month high of C$34.84.

Endeavour Mining Company Profile

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.