According to data published on Tuesday by Stock Target Advisor, equity analysts at Credit Suisse Group confirmed their “buy” rating for shares of Endeavour Mining (TSE: EDV) in a note distributed to the market on Tuesday. The report was uploaded to the organization’s website and made public there. They currently have a target price of $36.00 for the stock, which they plan to achieve. Compared to the stock’s most recent closing price of 41.40%, the target price for Credit Suisse Group indicates an opportunity for the cost to increase in the future. Commentary on EDV has been offered relatively recently by several different brokerages.
In a research note disseminated on Thursday, July 7, Berenberg Bank reiterated its “buy” rating on shares of Endeavour Mining and positioned them with a price objective of C$3,000.00. This note was included in a distribution of Berenberg Bank’s research. Barclays reaffirmed its “buy” recommendation on the shares of Endeavour Mining in a research note published on Thursday, August 4. The report was made public. Ten experts have suggested that investors buy the stock, while only one analyst has suggested that investors keep the same number of shares they already have. Based on the information from Bloomberg.com, the company has an average rating of “Moderate Buy” and has a price objective of C$988.55 per share. TSE: EDV stock was traded for the first time on Tuesday at 25.46 Canadian dollars.
In Canadian currency, the company’s moving average over the past 50 days is $26.06, and its moving average over the past 200 days is $28.86. The company is estimated to have a market value of 6.29 billion Canadian dollars, and its price-to-earnings ratio is 36.37. Both of these figures can be found on the internet. The price of one share of Endeavour Mining has fluctuated significantly over the past year, moving in a range that spans from $23.70 to $35.94 at various points. The value of the current ratio comes in at 1.55, while the value of the quick ratio comes in at 1.18, and the value of the debt-to-equity ratio comes in at 20.93.
On August 3, Endeavour Mining (TSE: EDV) made its most recent quarterly results report public by publishing it online and making it available for consumption by the general public. The company reported an earnings per share figure for the quarter of $0.57 Canadian currency, which was $0.08 higher than the projection given by the market, which was $0.49. The period’s total revenues came in at a final tally of C$803.60 million, which was much better than the experts’ average expectation of C$706.25 million. Analysts think Endeavour Mining will make about 1.4199999 cents per share of stock during the current fiscal year.
West Africa is the home of the gold mining corporation known as Endeavour Mining plc and all of its subsidiaries. In addition, the company has the Houndé, Mana, Boungou, and Wahgnion mines in Burkina Faso as part of its portfolio of projects. Additionally, the company has the Ity mine in Côte d’Ivoire and the Sabodala-Massawa mine in Senegal. In addition to Fetekro, Kalana, Bantou, Nabanga, and Afema, these mines are part of the Nabanga and Afema development projects.