Shares of Endeavour Mining (EDV) were revisited by a Wall Street analyst today. Analyst Stephen Walker from RBC Capital remains bullish on the stock and has a C$33.00 price target.
According to TipRanks.com, Walker is a 1-star analyst with an average return of -0.4% and a 43.7% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, First Quantum Minerals Ltd, and Kirkland Lake Gold Ltd.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Endeavour Mining with a C$33.39 average price target.
Based on Endeavour Mining’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$951.3K. In comparison, last year the company had a GAAP net loss of C$21.93 million.
The company’s shares closed last Friday at C$23.25.
