Endeavour Mining (TSX: EDV), the Materials sector company was revisited on October 18, and remains undervalued for at least one analyst on the street. Analyst Carey MacRury from Canaccord Genuity reiterated a Buy rating, with a C$33.50 price target on October 18.
According to TipRanks.com, MacRury is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -9.7% and a 24.5% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Osisko Gold Royalties Ltd, and Torex Gold Resources Inc.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Endeavour Mining with a C$28.92 average price target.
Endeavour Mining’s market cap is currently C$2.3B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.77.
Endeavour Mining Corp. engage sin the mining of gold. It operates through the following mines and projects: Agbaou, Ity, Houndé, Karma, and Tabakoto. The company was founded by Neil Woodyer in 1988 and is headquartered in London, the United Kingdom.
The company’s shares closed on Friday at C$21.38.
