Canaccord Genuity Thinks Endeavour Mining’s Stock is Going to Recover


In a new note to investors on November 29, an analyst has provided a rating update for Endeavour Mining (EDV). The company received a Buy on November 29 from Canaccord Genuity’s analyst Rahul Paul, with a C$35 price target.

According to TipRanks.com, Paul has currently no stars on a ranking scale of 0-5 stars, with an average return of -6.5% and a 37.4% success rate. Paul covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources Inc, OceanaGold Corporation, and Pretium Resources.

Endeavour Mining has an analyst consensus of Strong Buy, with a price target consensus of C$26.83.

Endeavour Mining’s market cap is currently C$1.78B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.41.

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$16.56, close to its 52-week low of C$16.43.

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