Endeavour Mining Corp (TSE:EDV) had its price objective upped by analysts at BMO Capital Markets from C$1.00 to C$1.15 in a research note issued toinvestors on Wednesday, MarketBeat reports. BMO Capital Markets’ price objective indicates a potential upside of 101.75% from the company’s previous close.
Endeavour Mining Corp (TSE:EDV) traded up 5.26% on Wednesday, hitting $0.60. 794,629 shares of the stock traded hands. Endeavour Mining Corp has a 12-month low of $0.38 and a 12-month high of $0.70. The stock’s market capitalization is $247.89 million. The company’s 50 day moving average price is $0.57 and its 200-day moving average price is $0.59.
Separately, Raymond James upped theirtarget price on shares of Endeavour Mining Corp from C$0.75 to C$0.90 and gave the company an “outperform” rating in a research report on Tuesday, September 22nd.
Endeavour Mining Corporation (TSE:EDV) is a gold producer delivering growth. Endeavour owns four gold mines producing more than 450,000 ounces per year in West Africa. The mines are Agbaou in Cote d’Ivoire, Nzema in Ghana, Tabakoto in Mali, and Youga in Burkina Faso. In addition, in November 2013 a Feasibility Study for the Hounde Project in Burkina Faso was completed showing potential for approximately 180,000 ounces per year over 8 years. The project is now in permitting.