Endeavour Mining (LON:EDV) Price Target Lowered to GBX 5,000 at Berenberg Bank

Endeavour Mining (LON:EDV) had its target price decreased by equities researchers at Berenberg Bank from GBX 5,500 to GBX 5,000 in a note issued to investors on Thursday, MarketBeat reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 9.51% from the stock’s current price.

Endeavour Mining Price Performance

EDV stock traded down GBX 282 during mid-day trading on Thursday, hitting GBX 4,566. 499,539 shares of the stock were exchanged, compared to its average volume of 6,081,525. The business has a fifty day moving average price of GBX 4,358.43 and a 200 day moving average price of GBX 3,565.85. Endeavour Mining has a 12 month low of GBX 1,578 and a 12 month high of GBX 5,360. The stock has a market capitalization of £10.99 billion, a price-to-earnings ratio of 23.06 and a beta of 0.85.

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.