Endeavour Mining (LON:EDV) Shares Down 3.3% – What’s Next?

Endeavour Mining plc (LON:EDVGet Free Report)’s share price dropped 3.3% on Thursday . The stock traded as low as GBX 3,645 and last traded at GBX 3,743. Approximately 1,813,779 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 13,683,173 shares. The stock had previously closed at GBX 3,872.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on EDV shares. JPMorgan Chase & Co. decreased their target price on shares of Endeavour Mining from GBX 5,900 to GBX 5,700 and set an “overweight” rating for the company in a research note on Friday, May 8th. Berenberg Bank upped their price target on shares of Endeavour Mining from GBX 5,100 to GBX 6,000 and gave the stock an “outperform” rating in a research note on Thursday, June 4th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 6,000 price objective on shares of Endeavour Mining in a report on Tuesday, June 2nd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 5,900.

View Our Latest Analysis on Endeavour Mining

Endeavour Mining Stock Down 3.3%

The business has a 50-day simple moving average of GBX 4,377.14 and a 200-day simple moving average of GBX 4,330.91. The stock has a market cap of £9.03 billion, a P/E ratio of 10.76 and a beta of 1.10.

About Endeavour Mining

(Get Free Report)

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.

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