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

Endeavour Mining (TSE:EDV) has been assigned a C$9.00 target price by equities research analysts at Ventum Financial in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum Financial’s price objective points to a potential downside of 66.86% from the stock’s previous close.

A number of other analysts have also recently issued reports on the company. Royal Bank of Canada cut Endeavour Mining from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from C$48.00 to C$40.00 in a report on Tuesday, August 6th. UBS Group raised shares of Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st.

Endeavour Mining Trading Down 0.6 %

TSE:EDV opened at C$27.16 on Wednesday. Endeavour Mining has a 1 year low of C$21.11 and a 1 year high of C$34.84. The stock’s fifty day moving average is C$31.23. The stock has a market capitalization of C$6.62 billion, a P/E ratio of -27.19 and a beta of 0.92.

Endeavour Mining Company Profile

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.