Endeavour Mining (TSE:EDV) Given a C$9.00 Price Target by Ventum Financial Analysts

Endeavour Mining (TSE:EDV) received a C$9.00 price objective from Ventum Financial in a research note issued on Wednesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Ventum Financial’s price target indicates a potential downside of 66.86% from the stock’s current price.

Several other equities research analysts also recently issued reports on the company. UBS Group upgraded Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st. Royal Bank of Canada lowered shares of Endeavour Mining from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from C$48.00 to C$40.00 in a research note on Tuesday, August 6th.

Endeavour Mining Price Performance

EDV stock opened at C$27.16 on Wednesday. The firm has a market cap of C$6.62 billion, a P/E ratio of -27.19 and a beta of 0.92. Endeavour Mining has a 52-week low of C$21.11 and a 52-week high of C$34.84. The company’s 50-day moving average is C$31.23.

About Endeavour Mining

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d’Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.