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

CSFB set a C$32.00 price target on Endeavour Mining (TSE:EDV) in a research report sent to investors on Tuesday, April 16th, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other brokerages also recently weighed in 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 lifted their price target on Endeavour Mining from C$25.75 to C$26.50 in a research note on Monday, March 25th. Raymond James lifted 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 lifted their price target for the company from C$29.00 to C$31.00 in a research note on Tuesday, April 9th. Seven equities research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus price target of C$29.76.

Shares of EDV stock traded up C$0.03 during midday trading on Tuesday, hitting C$19.89. The company had a trading volume of 84,686 shares, compared to its average volume of 212,664. Endeavour Mining has a 52-week low of C$16.34 and a 52-week high of C$24.65. The company has a market capitalization of $2.18 billion and a P/E ratio of -12.47. The company has a current ratio of 1.15, a quick ratio of 0.59 and a debt-to-equity ratio of 75.18.

Endeavour Mining (TSE:EDV) last announced its earnings results on Tuesday, March 5th. The company reported C$0.20 earnings per share for the quarter, missing the consensus estimate of C$0.32 by C($0.12). The business had revenue of C$274.64 million during the quarter, compared to the consensus estimate of C$234.45 million. As a group, equities analysts predict that Endeavour Mining will post 1.45000004526535 earnings per share for the current fiscal year.

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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