Analysts seem to be feeling optimistic about Endeavour Mining (EDV – Research Report) lately, as another research firm gave the stock a Buy rating today. Barclays’ analyst Amos Fletcher upgraded EDV to Buy , with a £26.00 price target.
According to TipRanks.com, Fletcher is a 2-star analyst with an average return of 0.0% and a 56.4% success rate. Fletcher covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, FRESNILLO, and Vale SA.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Endeavour Mining with a C$40.34 average price target, representing a 28.9% upside. In a report released yesterday, Scotiabank also maintained a Buy rating on the stock with a C$41.00 price target.
The company has a one-year high of C$37.10 and a one-year low of C$25.09. Currently, Endeavour Mining has an average volume of 302K.
Endeavour Mining Corp is a gold mining company. The company engages in gold mining operating four mines in West Africa in addition to having project development and exploration assets. It focuses on effectively managing its existing assets to maximize cash flows as well as pursuing organic and strategic growth opportunities that benefit from its management and operational expertise. Its operations are held in Burkina Faso (Karma and Hounde mines), Cote d’Ivoire (Agbaou and Ity mines), and Mali (Kalana Project).
The company’s shares closed last Thursday at C$31.83.
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