Endeavour Mining (LON:EDV) Earns “Buy” Rating from Berenberg Bank

Endeavour Mining (LON:EDV)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They currently have a GBX 2,100 ($27.07) price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 25.67% from the company’s current price.

Endeavour Mining Stock Performance

EDV stock traded up GBX 79 ($1.02) during midday trading on Thursday, reaching GBX 1,671 ($21.54). 4,161,582 shares of the company were exchanged, compared to its average volume of 1,235,852. The company has a market cap of £5.06 billion, a price-to-earnings ratio of -14.82 and a beta of 0.92. Endeavour Mining has a 1-year low of GBX 1,387 ($17.88) and a 1-year high of GBX 1,944 ($25.06). The stock’s 50-day simple moving average is GBX 1,587.51 and its 200 day simple moving average is GBX 1,628.14.

Endeavour Mining Company Profile

Endeavour is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote 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 sustainable value to its employees, stakeholders and the communities where it operates.