Endeavour Mining Receives a Buy from Scotiabank

By Ryan Adsit

Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. Analyst Ovais Habib from Scotiabank rated Endeavour Mining (TSX: EDV) a Buy, setting a C$30 price target.

According to TipRanks.com, Habib is a 4-star analyst with an average return of 11.6% and a 38.1% success rate. Habib covers the Basic Materials sector, focusing on stocks such as Primero Mining Corp, Pretium Resources, and Timmins Gold Corp.

Endeavour Mining has an analyst consensus of Strong Buy, with a price target consensus of C$31.

Endeavour Mining’s market cap is currently C$2.19B and has a P/E ratio of 0.

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 on Tuesday at C$22.57.