Endeavour Mining (EDV) Given a C$32.00 Price Target by CSFB Analysts

CSFB set a C$32.00 target price on Endeavour Mining (TSE:EDV) in a research report sent to investors on Tuesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other brokerages also recently commented on EDV. Royal Bank of Canada lowered their target price on Endeavour Mining from C$29.00 to C$28.00 and set an outperform rating on the stock in a research note on Wednesday, March 13th. Pi Financial upped their price target on Endeavour Mining from C$25.75 to C$26.50 in a research note on Monday, March 25th. Raymond James upped their price target on Endeavour Mining from C$28.00 to C$29.00 in a research note on Friday, January 18th. Finally, National Bank Financial upgraded Endeavour Mining from a sector perform rating to an outperform rating and upped their price target for the stock from C$29.00 to C$31.00 in a research note on Tuesday, April 9th. Six equities research analysts have rated the stock with a buy rating, Endeavour Mining presently has an average rating of Buy and a consensus price target of C$29.73.

Shares of TSE EDV opened at C$19.10 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 0.74 and a debt-to-equity ratio of 68.05. Endeavour Mining has a one year low of C$16.34 and a one year high of C$24.65. The stock has a market capitalization of $2.14 billion and a price-to-earnings ratio of -14.21.

In related news, Senior Officer Morgan Denis Carroll sold 10,000 shares of the stock in a transaction that occurred on Thursday, January 17th. The stock was sold at an average price of C$21.09, for a total transaction of C$210,855.00. Following the completion of the sale, the insider now owns 120,633 shares in the company, valued at approximately C$2,543,607.12.

About Endeavour Mining

Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. Its flagship properties are the Houndé mine located in Burkina Faso and the Ity CIL project situated in Côte d'Ivoire. As of December 31, 2018, the company had proved and probable reserves of 8.0 million ounces, as well as measured and indicated resources of 13.9 million ounces of gold.

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Analyst Recommendations for Endeavour Mining (TSE:EDV)

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