What Next for Endeavour Mining Corp Stock After Today’s Huge Decline?

 What Next for Endeavour Mining Corp Stock After Today's Huge Decline?

The stock of Endeavour Mining Corp (TSE:EDV) is a huge mover today! About 112,575 shares traded hands. Endeavour Mining Corp (TSE:EDV) has risen 112.72% since April 1, 2016 and is uptrending. It has outperformed by 110.76% the S&P500.
The move comes after 5 months negative chart setup for the $2.10 billion company. It was reported on Nov, 7 by Barchart.com. We have $22.11 PT which if reached, will make TSE:EDV worth $105.00M less.

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 -38.93% below today’s ($23.27) stock price. Endeavour Mining Corp has been the topic of 6 analyst reports since September 22, 2015 according to StockzIntelligence Inc. The stock of Endeavour Mining Corp (TSE:EDV) has “Buy” rating given on Thursday, September 1 by Peel Hunt. Endeavour Mining Corporation maintained Endeavour Mining Corp (TSE:EDV) rating on Wednesday, October 19. Endeavour Mining Corporation has “Outperform” rating and $31.75 price target. The firm earned “Outperform” rating on Monday, May 30 by Raymond James.

Another recent and important Endeavour Mining Corp (TSE:EDV) news was published by Globenewswire.com which published an article titled: “Endeavour Mining Corporation Closes C$144 million Bought Deal Financing” on July 11, 2016.

Endeavour Mining Corporation is an intermediate gold mining company. The company has a market cap of $2.10 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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