Endeavour Mining (TSE:EDV) Upgraded by Ventum Cap Mkts to Strong-Buy Rating

Endeavour Mining (TSE:EDV) was upgraded by research analysts at Ventum Cap Mkts to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other brokerages also recently weighed in on EDV. Royal Bank of Canada downgraded Endeavour Mining from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from C$48.00 to C$40.00 in a research note on Tuesday, August 6th. Ventum Financial set a C$9.00 target price on shares of Endeavour Mining and gave the stock a “buy” rating in a research report on Wednesday. Finally, UBS Group raised shares of Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st.

Endeavour Mining Stock Down 0.6 %

Shares of Endeavour Mining stock opened at C$27.16 on Wednesday. Endeavour Mining has a 12-month low of C$21.11 and a 12-month high of C$34.84. The stock’s 50 day moving average is C$31.23. The company has a market capitalization of C$6.62 billion, a PE ratio of -27.16 and a beta of 0.92.

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.