Endeavour Mining (TSE:EDV) Stock Rating Upgraded by TD Securities

Endeavour Mining (TSE:EDV) was upgraded by research analysts at TD Securities to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other brokerages have also recently weighed in on EDV. Ventum Cap Mkts raised shares of Endeavour Mining to a “strong-buy” rating in a research report on Wednesday, November 13th. Ventum Financial set a C$9.00 target price on Endeavour Mining and gave the company a “buy” rating in a research report on Wednesday, November 13th. CIBC dropped their price target on Endeavour Mining from C$44.00 to C$43.00 in a research note on Monday, November 18th. Finally, BMO Capital Markets decreased their price objective on Endeavour Mining from C$8.50 to C$8.00 in a report on Thursday, January 9th. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$25.00.

Endeavour Mining Stock Performance

EDV stock opened at C$31.48 on Tuesday. The stock’s 50 day simple moving average is C$27.20. The stock has a market capitalization of C$7.67 billion, a PE ratio of -31.48 and a beta of 0.92. Endeavour Mining has a fifty-two week low of C$21.11 and a fifty-two week high of C$34.84.

Endeavour Mining (TSE:EDV) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$0.41 earnings per share for the quarter, missing the consensus estimate of C$0.58 by C($0.17). Endeavour Mining had a negative return on equity of 3.62% and a negative net margin of 8.83%. During the same quarter in the previous year, the company posted $0.37 EPS. Research analysts predict that Endeavour Mining will post 4.4476987 EPS for the current fiscal year.

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.