Endeavour Mining (TSE:EDV) Rating Increased to Strong-Buy at Ventum Cap Mkts

Ventum Cap Mkts upgraded shares of Endeavour Mining (TSE:EDV) to a strong-buy rating in a research note released on Wednesday,Zacks.com reports.

Several other research analysts have also issued reports on EDV. Ventum Financial set a C$9.00 price target on Endeavour Mining and gave the stock a “buy” rating in a research report on Wednesday. Royal Bank of Canada lowered Endeavour Mining from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from C$48.00 to C$40.00 in a research report on Tuesday, August 6th. Finally, UBS Group raised Endeavour Mining to a “strong-buy” rating in a research note on Thursday, August 1st.

Endeavour Mining Stock Performance

EDV stock traded up C$0.01 during midday trading on Wednesday, reaching C$27.17. The company’s stock had a trading volume of 80,051 shares, compared to its average volume of 495,109. The stock’s 50-day moving average price is C$31.23. Endeavour Mining has a 52 week low of C$21.11 and a 52 week high of C$34.84. The stock has a market capitalization of C$6.62 billion, a PE ratio of -27.16 and a beta of 0.92.

Endeavour Mining Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were issued a dividend of $0.561 per share. The ex-dividend date was Friday, September 13th. This represents a yield of 1.42%. Endeavour Mining’s dividend payout ratio is presently -112.00%.

About Endeavour Mining

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d’Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.