Endeavour Mining plc (OTCMKTS:EDVMF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Endeavour Mining plc (OTCMKTS:EDVMF) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company.

Several research firms have issued reports on EDVMF. Scotiabank reiterated an “outperform” rating on shares of Endeavour Mining in a research note on Thursday, October 23rd. Morgan Stanley reiterated an “overweight” rating on shares of Endeavour Mining in a research report on Wednesday, October 8th. Jefferies Financial Group reissued a “buy” rating on shares of Endeavour Mining in a research note on Sunday, December 7th. Finally, Raymond James Financial restated an “outperform” rating on shares of Endeavour Mining in a research report on Friday, October 10th.

Endeavour Mining Price Performance

Shares of Endeavour Mining stock opened at $52.18 on Friday. The company’s 50-day moving average price is $46.83 and its 200-day moving average price is $39.87. Endeavour Mining has a 12-month low of $17.81 and a 12-month high of $55.75.

About Endeavour Mining

Endeavour Mining is a gold production company with primary operations across West Africa. The company focuses on the exploration, development and extraction of gold resources, operating a portfolio of mines and development projects in Côte d’Ivoire, Burkina Faso and Mali. Production is complemented by regional exploration programs designed to identify additional gold deposits and extend mine life across its project portfolio.

Key operating assets include the Ity and Agbaou mines in Côte d’Ivoire, the Houndé mine in Burkina Faso and the Kalana project in Mali.