Endeavour Mining plc (OTCMKTS:EDVMF) Receives Average Rating of “Buy” from Analysts

Endeavour Mining plc (OTCMKTS:EDVMF) has been assigned a consensus recommendation of “Buy” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating.

Several research analysts recently issued reports on the stock. Jefferies Financial Group initiated coverage on shares of Endeavour Mining in a research note on Monday, August 3rd. They issued a “buy” rating for the company. Morgan Stanley reissued an “overweight” rating on shares of Endeavour Mining in a research note on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Endeavour Mining in a research note on Friday, July 31st.

Endeavour Mining Price Performance

Shares of Endeavour Mining stock opened at $62.21 on Tuesday. The business has a fifty day simple moving average of $52.84 and a two-hundred day simple moving average of $57.69. Endeavour Mining has a 12 month low of $33.97 and a 12 month high of $72.18.

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.