Endeavour Mining (TSE:EDV) Upgraded by Ventum Cap Mkts to Strong-Buy Rating

Ventum Cap Mkts upgraded shares of Endeavour Mining (TSE:EDV) to a strong-buy rating in a report released on Wednesday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on EDV. Royal Bank of Canada cut Endeavour Mining from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$48.00 to C$40.00 in a research note on Tuesday, August 6th. Ventum Financial set a C$9.00 price target on shares of Endeavour Mining and gave the stock a “buy” rating in a research report on Wednesday. Finally, UBS Group upgraded shares of Endeavour Mining to a “strong-buy” rating in a research report on Thursday, August 1st.

Endeavour Mining Stock Down 0.8 %

Endeavour Mining stock opened at C$26.95 on Wednesday. The company’s 50 day moving average is C$31.22. The company has a market capitalization of C$6.57 billion, a P/E ratio of -26.95 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 Announces Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were given a dividend of $0.561 per share. The ex-dividend date was Friday, September 13th. This represents a dividend yield of 1.42%. Endeavour Mining’s dividend payout ratio is presently -112.00%.

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.