Endeavour Mining (TSE:EDV) Given New C$43.00 Price Target at CIBC

Endeavour Mining (TSE:EDV) had its target price cut by CIBC from C$44.00 to C$43.00 in a report issued on Monday morning,BayStreet.CA reports.

EDV has been the subject of several other research reports. Ventum Cap Mkts raised Endeavour Mining to a “strong-buy” rating in a report on Wednesday, November 13th. UBS Group raised shares of Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st. Royal Bank of Canada lowered shares of Endeavour Mining from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from C$48.00 to C$40.00 in a research note on Tuesday, August 6th. Finally, Ventum Financial set a C$9.00 price objective on Endeavour Mining and gave the stock a “buy” rating in a report on Wednesday, November 13th.

Endeavour Mining Price Performance

TSE EDV opened at C$27.22 on Monday. The stock’s fifty day moving average price is C$31.23. Endeavour Mining has a 1 year low of C$21.11 and a 1 year high of C$34.84. The company has a market capitalization of C$6.63 billion, a price-to-earnings ratio of -27.56 and a beta of 0.92.

Endeavour Mining Dividend Announcement

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

About Endeavour Mining

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.