Ventum Cap Mkts Upgrades Endeavour Mining (TSE:EDV) to Strong-Buy

Ventum Cap Mkts upgraded shares of Endeavour Mining (TSE:EDV - Free Report) to a strong-buy rating in a report released on Wednesday,Zacks.com reports.

EDV has been the topic of a number of other research reports. Ventum Financial set a C$9.00 price objective on shares of Endeavour Mining and gave the stock a "buy" rating in a report on Wednesday. Royal Bank of Canada cut shares of Endeavour Mining from an "outperform" rating to a "sector perform" rating and dropped their price objective for the stock from C$48.00 to C$40.00 in a report on Tuesday, August 6th. Finally, UBS Group upgraded shares of Endeavour Mining to a "strong-buy" rating in a research note on Thursday, August 1st.

Endeavour Mining Price Performance

TSE EDV traded down C$0.21 during mid-day trading on Wednesday, reaching C$26.95. 249,900 shares of the stock were exchanged, compared to its average volume of 495,874. The firm's fifty day simple moving average is C$31.23. Endeavour Mining has a 1-year low of C$21.11 and a 1-year high of C$34.84. The firm has a market capitalization of C$6.57 billion, a PE ratio of -27.16 and a beta of 0.92.

Endeavour Mining Announces Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were paid a $0.561 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a yield of 1.42%. Endeavour Mining's payout ratio is presently -112.00%.

About Endeavour Mining

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d'Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.