Can Endeavour Mining Corp’s Tomorrow be Different? The Stock Declines Again

 Can Endeavour Mining Corp's Tomorrow be Different? The Stock Declines Again

The stock of Endeavour Mining Corp (TSE:EDV) is a huge mover today! About 42,851 shares traded hands. Endeavour Mining Corp (TSE:EDV) has risen 39.07% since April 25, 2016 and is uptrending. It has outperformed by 33.81% the S&P500.
The move comes after 8 months negative chart setup for the $2.02 billion company. It was reported on Nov, 29 by Barchart.com. We have $18.81 PT which if reached, will make TSE:EDV worth $161.60M less.

Endeavour Mining Corp (TSE:EDV) Ratings Coverage

Out of 6 analysts covering Endeavour Mining Corp (TSE:EDV), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $33 is the highest target while $0.90 is the lowest. The $19.36 average target is -5.33% below today’s ($20.45) stock price. Endeavour Mining Corp has been the topic of 9 analyst reports since September 22, 2015 according to StockzIntelligence Inc. The rating was maintained by Peel Hunt on Thursday, September 1 with “Buy”. As per Wednesday, November 16, the company rating was maintained by Scotia Capital. On Monday, May 30 the stock rating was upgraded by Raymond James to “Outperform”. Scotia Capital maintained it with “Outperform” rating and $31.75 target price in Tuesday, November 8 report. The stock has “Outperform” rating given by Endeavour Mining Corporation on Wednesday, October 19.

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 $2.02 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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