Endeavour Mining (TSE:EDV) Given a C$18.00 Price Target by National Bankshares Analysts

by · The Markets Daily

Endeavour Mining (TSE:EDV – Get Free Report) received a C$18.00 target price from investment analysts at National Bankshares in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential downside of 71.24% from the stock’s previous close.

Endeavour Mining Stock Down 2.2%

Shares of Endeavour Mining stock traded down C$1.40 during trading on Monday, hitting C$62.59. 195,248 shares of the stock traded hands, compared to its average volume of 590,437. The stock has a market cap of C$15.07 billion, a price-to-earnings ratio of 31.61 and a beta of 0.94. Endeavour Mining has a 52 week low of C$25.07 and a 52 week high of C$67.02. The firm’s fifty day moving average is C$59.54 and its 200-day moving average is C$50.39.

Endeavour Mining (TSE:EDV – Get Free Report) last released its earnings results on Thursday, November 13th. The company reported C$0.66 earnings per share for the quarter. Endeavour Mining had a negative return on equity of 11.19% and a negative net margin of 14.83%.The company had revenue of C$1.27 billion during the quarter. On average, analysts forecast that Endeavour Mining will post 4.4476987 earnings per share for the current fiscal year.

Insider Activity at Endeavour Mining

In other news, insider Yousriya Loza sold 215,000 shares of the firm’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of C$32.87, for a total value of C$7,067,050.00. Following the completion of the sale, the insider directly owned 35,527,654 shares of the company’s stock, valued at approximately C$1,167,793,986.98. This trade represents a 0.60% decrease in their position. Also, insider La Mancha Capital Management Gp sold 215,000 shares of Endeavour Mining stock in a transaction dated Monday, October 13th. The shares were sold at an average price of C$32.87, for a total transaction of C$7,067,050.00. Following the sale, the insider directly owned 35,527,654 shares in the company, valued at C$1,167,793,986.98. The trade was a 0.60% decrease in their position. Insiders have sold a total of 2,154,654 shares of company stock worth $79,511,688 over the last quarter. Corporate insiders own 19.11% of the company’s stock.

Endeavour Mining Company Profile

(Get Free Report)

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.

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