Endeavour Mining plc (OTCMKTS:EDVMF) Stock Now Rated “Buy” by Sell-Side Brokerages

Shares of Endeavour Mining plc (OTCMKTS:EDVMF) have earned an average recommendation of “Buy” from the five brokerages that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a buy recommendation.

Several equities research analysts recently issued reports on EDVMF shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Endeavour Mining in a research note on Friday, July 31st. Jefferies Financial Group assumed coverage on shares of Endeavour Mining in a report on Monday, August 3rd. They issued a “buy” rating for the company.

Endeavour Mining Trading Down 5.8%

OTCMKTS EDVMF opened at $56.50 on Friday. The company has a 50 day moving average price of $57.74 and a two-hundred day moving average price of $57.27. Endeavour Mining has a 12-month low of $36.30 and a 12-month high of $72.18.

About Endeavour Mining

Endeavour Mining plc is a West Africa-focused gold producer engaged in the exploration, development, and operation of gold mines. The company produces doré, an alloy of gold and silver that is refined by third-party facilities, and manages related activities including mineral exploration, mine development, processing, and site rehabilitation.

Endeavour’s operating portfolio is concentrated in Côte d’Ivoire, Burkina Faso, and Senegal. Its principal assets include the Ity and Lafigué mines in Côte d’Ivoire, the Houndé and Mana mines in Burkina Faso, and the Sabodala-Massawa mine in Senegal.