Endeavour Mining (TSE:EDV) Upgraded to “Strong-Buy” at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Endeavour Mining (TSE:EDV) to a strong-buy rating in a research note published on Wednesday,Zacks reports.

A number of other equities research analysts have also recently commented on the stock. Royal Bank Of Canada cut shares of Endeavour Mining from a “moderate buy” rating to a “hold” rating in a research report on Friday, August 7th. National Bank Financial lowered their price target on shares of Endeavour Mining from C$116.00 to C$92.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$93.50.

Endeavour Mining Stock Up 5.6%

Shares of EDV opened at C$78.60 on Wednesday. Endeavour Mining has a 52-week low of C$53.37 and a 52-week high of C$98.71. The firm’s fifty day moving average is C$82.91 and its two-hundred day moving average is C$79.49. The stock has a market cap of C$18.94 billion, a PE ratio of 23.12 and a beta of 1.89.

About Endeavour Mining

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. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society.