Endeavour Mining (OTCMKTS:EDVMF) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Endeavour Mining plc (OTCMKTS:EDVMF)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $31.33 and traded as high as $33.78. Endeavour Mining shares last traded at $33.78, with a volume of 4,791 shares changing hands.

Analyst Upgrades and Downgrades

EDVMF has been the topic of a number of recent research reports. Raymond James Financial restated an “outperform” rating on shares of Endeavour Mining in a report on Thursday, August 7th. CIBC restated a “neutral” rating on shares of Endeavour Mining in a report on Tuesday, July 15th. Morgan Stanley restated an “overweight” rating on shares of Endeavour Mining in a report on Friday, July 11th. Finally, National Bankshares restated an “outperform” rating on shares of Endeavour Mining in a report on Tuesday, June 24th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Endeavour Mining Stock Up 3.7%

The stock has a fifty day moving average price of $31.33 and a two-hundred day moving average price of $27.41.

Endeavour Mining Company Profile

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d'Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.