Berenberg Bank Reiterates Buy Rating for Endeavour Mining (LON:EDV)

Endeavour Mining (LON:EDV)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued on Thursday, Marketbeat reports. They presently have a GBX 2,100 ($27.14) price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 30.27% from the stock’s current price.

Endeavour Mining Stock Performance

Endeavour Mining stock opened at GBX 1,612 ($20.83) on Thursday. The business’s 50-day simple moving average is GBX 1,596.19 and its two-hundred day simple moving average is GBX 1,629.19. The company has a market cap of £4.88 billion, a PE ratio of -14.30 and a beta of 0.92. Endeavour Mining has a fifty-two week low of GBX 1,387 ($17.93) and a fifty-two week high of GBX 1,944 ($25.13).

Endeavour Mining Company Profile

Endeavour is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.

A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates.