Endeavour Mining Receives a Buy from RBC Capital

By Carrie Williams

In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Endeavour Mining (TSX: EDV). Analyst Stephen Walker from RBC Capital reiterated a Buy rating, with a C$33 price target yesterday.

According to TipRanks.com, Walker is a 3-star analyst with an average return of 2.1% and a 47.9% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Novagold Resources Inc New.

Endeavour Mining has an analyst consensus of Strong Buy, with a price target consensus of C$31.38.

The company has a one year high of C$28.81 and a one year low of C$17.37. Currently, Endeavour Mining has an average volume of 379.3K.

Endeavour Mining Corp. operates as an intermediate gold mining company. It operates through the following mines and projects: Agbaou, Ity, Nzema, Tabakoto, Youga and Houndé. The company was founded by Neil Woodyer in 1988 and is headquartered in London, the United Kingdom.

The company’s shares closed last Monday at $22.44.