Endeavour Mining (TSE:EDV) Price Target Raised to C$46.00

Endeavour Mining (TSE:EDV) had its price target raised by Jefferies Financial Group from C$45.00 to C$46.00 in a research note published on Friday morning,BayStreet.CA reports.

EDV has been the subject of several other reports. CIBC downgraded Endeavour Mining from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from C$41.00 to C$37.00 in a report on Thursday, February 27th. BMO Capital Markets lowered their price target on Endeavour Mining from C$8.50 to C$8.00 in a report on Thursday, January 9th. National Bank Financial raised Endeavour Mining to a “strong-buy” rating in a research report on Friday, March 21st. TD Securities raised Endeavour Mining to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, Cibc World Mkts lowered shares of Endeavour Mining from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$28.00.

Endeavour Mining Stock Performance

Endeavour Mining stock opened at C$31.85 on Friday. The stock has a 50-day simple moving average of C$31.32 and a 200-day simple moving average of C$29.90. The company has a market capitalization of C$5.44 billion, a P/E ratio of -15.95 and a beta of 0.92. Endeavour Mining has a fifty-two week low of C$25.07 and a fifty-two week high of C$34.97.

Endeavour Mining Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Endeavour Mining’s previous dividend of $0.41. This represents a dividend yield of 1.99%. Endeavour Mining’s dividend payout ratio is -56.07%.

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.