Endeavour Mining’s (EDV) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Endeavour Mining (LON:EDV) in a report released on Thursday morning,Digital Look reports. The brokerage currently has a GBX 4,800 target price on the stock.

A number of other equities research analysts also recently weighed in on EDV. Jefferies Financial Group restated a “buy” rating and set a GBX 5,700 target price on shares of Endeavour Mining in a research report on Tuesday, November 3rd. Royal Bank Of Canada cut Endeavour Mining to a “sector perform” rating and decreased their price target for the company from GBX 5,100 to GBX 4,600 in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. decreased their price target on Endeavour Mining from GBX 5,700 to GBX 5,100 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Endeavour Mining currently has an average rating of “Moderate Buy” and an average target price of GBX 5,050.

Endeavour Mining Stock Performance

Shares of EDV opened at GBX 3,790 on Thursday. The business’s fifty day moving average price is GBX 4,212.77 and its two-hundred day moving average price is GBX 4,288.38. The firm has a market capitalization of £9.13 billion, a price-to-earnings ratio of 11.15 and a beta of 1.14. Endeavour Mining has a 52 week low of GBX 3,028.41 and a 52 week high of GBX 5,360.

Endeavour Mining Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 9th. Investors of record on Friday, October 9th were issued a $0.95 dividend. This represents a yield of 111.0%. The ex-dividend date was Friday, September 11th. Endeavour Mining’s dividend payout ratio is currently 42.65%.

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.