Endeavour Mining (LON:EDV) Shares Up 0.1% – Here’s What Happened

Endeavour Mining plc (LON:EDV)’s stock price rose 0.1% during mid-day trading on Friday . The company traded as high as GBX 4,889 and last traded at GBX 4,742. 177,368,984 shares were traded during mid-day trading, an increase of 1,353% from the average session volume of 12,208,065 shares. The stock had previously closed at GBX 4,739.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on EDV shares. JPMorgan Chase & Co. decreased their target price on Endeavour Mining from GBX 5,700 to GBX 5,100 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Berenberg Bank reissued a “buy” rating and issued a GBX 5,000 price target on shares of Endeavour Mining in a report on Thursday, July 30th. Finally, Royal Bank Of Canada lowered shares of Endeavour Mining to a “sector perform” rating and reduced their price target for the company from GBX 5,100 to GBX 4,600 in a research report on Friday, August 7th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Endeavour Mining currently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,900.

Endeavour Mining Stock Performance

The company has a market cap of £11.46 billion, a PE ratio of 13.95 and a beta of 1.14. The company’s 50 day moving average price is GBX 3,919.30 and its 200-day moving average price is GBX 4,302.39.

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.