Endeavour Mining (LON:EDV) Reaches New 1-Year High – Should You Buy?

Shares of Endeavour Mining plc (LON:EDV) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 5,618.15 and last traded at GBX 5,185, with a volume of 474754 shares changing hands. The stock had previously closed at GBX 5,290.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 4,300 price target on shares of Endeavour Mining in a research report on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 3,650.

Endeavour Mining Stock Down 2.0%

The stock has a 50-day simple moving average of GBX 4,299.02 and a two-hundred day simple moving average of GBX 3,520.58. The firm has a market cap of £12.48 billion, a PE ratio of 26.19 and a beta of 0.92.

About Endeavour Mining

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.