Endeavour Mining (TSE:EDV) Raised to Strong-Buy at The Goldman Sachs Group

Endeavour Mining (TSE:EDV) was upgraded by equities research analysts at The Goldman Sachs Group to a “strong-buy” rating in a report issued on Wednesday, Zacks reports.

Several other equities analysts have also recently commented on EDV. Royal Bank Of Canada cut shares of Endeavour Mining from a “moderate buy” rating to a “hold” rating in a research report on Friday, August 7th. National Bank Financial reduced their target price on Endeavour Mining from C$116.00 to C$92.00 and set an “outperform” rating for the company in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Endeavour Mining has a consensus rating of “Buy” and a consensus price target of C$93.50.

Endeavour Mining Stock Performance

Shares of EDV stock opened at C$78.60 on Wednesday. Endeavour Mining has a 52-week low of C$53.37 and a 52-week high of C$98.71. The company has a 50-day simple moving average of C$82.91 and a two-hundred day simple moving average of C$79.49. The company has a market capitalization of C$18.94 billion, a price-to-earnings ratio of 23.12 and a beta of 1.89.

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. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society.