UBS Group Initiates Coverage on Endeavor Mining (OTCMKTS:EDVMF)

Equities researchers at UBS Group began coverage on shares of Endeavor Mining (OTCMKTS:EDVMF – Get Rating) in a report issued on Wednesday, The Fly reports. The brokerage set a “buy” rating on the stock.

A number of other analysts have also recently commented on the company. National Bank Financial dropped their price objective on Endeavor Mining from C$46.00 to C$40.00 in a research report on Thursday, July 21st. Scotiabank lifted their price objective on Endeavor Mining from C$41.00 to C$42.50 in a research report on Tuesday, April 19th. Finally, Credit Suisse Group assumed coverage on Endeavor Mining in a research note on Wednesday, July 6th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to, Endeavor Mining has an average rating of “Moderate Buy” and an average price target of $508.58.

Endeavor Mining Trading Down 0.6 %

Endeavor Mining stock opened at $21.56 on Wednesday. The stock has a 50-day moving average price of $20.75 and a 200-day moving average price of $23.28. Endeavor Mining has a 52 week low of $18.31 and a 52 week high of $28.52.

Endeavor Mining Company Profile

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Endeavor Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. Its project portfolio includes 90% owned Houndé, Mana, Boungou, and Wahgnion mines in Burkina Faso; 85% owned Ity mine located in Côte d’Ivoire; 90% owned Sabodala-Massawa mine located in Senegal; and Fetekro, Kalana, Bantou, Nabanga, and Afema development projects.

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