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

Endeavour Mining plc (OTCMKTS:EDVMF) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company.

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

Endeavour Mining Price Performance

Endeavour Mining stock opened at $55.73 on Friday. Endeavour Mining has a 12 month low of $17.81 and a 12 month high of $55.75. The stock has a fifty day simple moving average of $46.59 and a two-hundred day simple moving average of $39.66.

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.