National Bank Financial Boosts Endeavour Mining (TSE:EDV) Price Target to C$113.00

Endeavour Mining (TSE:EDV) had its target price lifted by equities research analysts at National Bank Financial from C$93.00 to C$113.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 23.77% from the company’s previous close.

Separately, Jefferies Financial Group increased their price target on Endeavour Mining from C$81.00 to C$92.00 in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$96.67.

Endeavour Mining Price Performance

Shares of EDV traded up C$3.14 during mid-day trading on Friday, hitting C$91.30. 453,038 shares of the company’s stock were exchanged, compared to its average volume of 704,583. The company has a 50-day simple moving average of C$84.52 and a 200 day simple moving average of C$72.51. The company has a market cap of C$22.20 billion, a PE ratio of 33.32 and a beta of 1.54. Endeavour Mining has a 52 week low of C$36.91 and a 52 week high of C$98.71.

Endeavour Mining (TSE:EDV) last released its earnings results on Thursday, March 5th. The company reported C$1.28 earnings per share (EPS) for the quarter. Endeavour Mining had a return on equity of 22.85% and a net margin of 15.99%.The business had revenue of C$1.69 billion for the quarter. On average, analysts anticipate that Endeavour Mining will post 4.4476987 earnings per share for the current year.

About Endeavour Mining

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.