What’s Ahead for Endeavour Mining Corp After Today’s Huge Increase?

 What's Ahead for Endeavour Mining Corp After Today's Huge Increase?

The stock of Endeavour Mining Corp (TSE:EDV) is a huge mover today! About 48,726 shares traded hands. Endeavour Mining Corp (TSE:EDV) has risen 126.76% since March 24, 2016 and is uptrending. It has outperformed by 123.28% the S&P500.
The move comes after 5 months positive chart setup for the $2.31 billion company. It was reported on Oct, 31 by Barchart.com. We have $31.68 PT which if reached, will make TSE:EDV worth $600.60M more.

Endeavour Mining Corp (TSE:EDV) Ratings Coverage

Out of 4 analysts covering Endeavour Mining Corp (TSE:EDV), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $31.75 is the highest target while $0.90 is the lowest. The $14.21 average target is -43.48% below today’s ($25.14) stock price. Endeavour Mining Corp has been the topic of 6 analyst reports since September 22, 2015 according to StockzIntelligence Inc. On Wednesday, October 19 the stock rating was maintained by Endeavour Mining Corporation with “Outperform”. The company was upgraded on Monday, May 30 by Raymond James. The stock of Endeavour Mining Corp (TSE:EDV) has “Buy” rating given on Thursday, September 1 by Peel Hunt.

More news for Endeavour Mining Corp (TSE:EDV) were recently published by: Globenewswire.com, which released: “Endeavour Mining Corporation Closes C$144 million Bought Deal Financing” on July 11, 2016. Mining.com‘s article titled: “Endeavour Mining to buy True Gold and new African gold mine” and published on March 04, 2016 is yet another important article.

Endeavour Mining Corporation is an intermediate gold mining company. The company has a market cap of $2.31 billion. The Firm has an exploration portfolio in regions of Burkina Faso, Cote d’Ivoire, Mali and Ghana with a land package totaling approximately 5,080 square kilometers. It currently has negative earnings. The Company’s properties include Agbaou Gold Mine, Nzema Gold Mine, Tabakoto Gold Mine and Hounde Project.

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