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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based senior gold producer with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. The Company has a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. It operates mines that include Hounde Mine, Ity Mine, Mana Mine and Sabodala-Massawa Mine. The Hounde Mine is located approximately 250 kilometers (kms) southwest of Ouagadougou, the capital city of Burkina Faso. The Hounde Mine is owned by the Company (90%) and Government of Burkina Faso (10%). It owns approximately 85% of Ity Mine, which is located 480 kms northwest of Abidjan in southern Cote d'Ivoire. The Mana Mine is located approximately 200 kms west of Ouagadougou, the capital of Burkina Faso. The Sabodala-Massawa Mine is approximately 640 kms southeast of Dakar, the capital of Senegal. It owns approximately 80% of the Lafigue project. Its other projects include Kalana, Bantou and Nabanga.


TSX:EDV - Post by User

Bullboard Posts
Post by Monkeydonkeyon Apr 12, 2016 2:48pm
206 Views
Post# 24757818

ENDEAVOUR MINING CORP (EDV) PT RAISED TO C$17.75

ENDEAVOUR MINING CORP (EDV) PT RAISED TO C$17.75

Endeavour Mining Corp (TSE:EDV) had its price objective hoisted by equities researchers at Raymond James from C$15.00 to C$17.75 in a research report issued to clients and investors on Tuesday, Market Beat.com reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ price target would suggest a potential upside of 23.61% from the stock’s current price.

A number of other research firms also recently commented on EDV. BMO Capital Markets upped their price objective on Endeavour Mining Corp from C$14.50 to C$17.50 and gave the company an “outperform” rating in a report on Tuesday. Haywood Securities upped their price objective on Endeavour Mining Corp to C$14.50 and gave the company a “buy” rating in a report on Monday, March 21st.

Endeavour Mining Corp (TSE:EDV) traded down 2.30% during midday trading on Tuesday, reaching $14.03. The company’s stock had a trading volume of 220,298 shares. The firm’s market capitalization is $579.64 million. Endeavour Mining Corp has a 1-year low of $0.60 and a 1-year high of $14.65. The firm has a 50 day moving average price of $11.50 and a 200 day moving average price of $8.32.

In other Endeavour Mining Corp news, Director Neil Woodyer purchased 10,000 shares of the stock in a transaction on Thursday, April 7th. The stock was bought at an average cost of C$11.97 per share, for a total transaction of C$119,700.00. Also, insider Jeremy Langford purchased 17,000 shares of the stock in a transaction on Tuesday, February 2nd. The stock was acquired at an average price of C$8.80 per share, with a total value of C$149,600.00.

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