Endeavour Mining Corp. (TSE:EDV - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$34.97 and last traded at C$34.75, with a volume of 90650 shares changing hands. The stock had previously closed at C$34.58.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on EDV shares. Cibc World Mkts cut Endeavour Mining from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 27th. Jefferies Financial Group boosted their target price on shares of Endeavour Mining from C$45.00 to C$46.00 in a research report on Friday. BMO Capital Markets decreased their price target on shares of Endeavour Mining from C$8.50 to C$8.00 in a research report on Thursday, January 9th. National Bank Financial raised shares of Endeavour Mining to a "strong-buy" rating in a research report on Friday, March 21st. Finally, TD Securities upgraded Endeavour Mining to a "strong-buy" rating in a research note on Tuesday, February 4th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of C$28.00.
Get Our Latest Stock Report on EDV
Endeavour Mining Price Performance
The stock has a 50-day moving average price of C$31.32 and a two-hundred day moving average price of C$29.89. The stock has a market cap of C$5.44 billion, a PE ratio of -15.95 and a beta of 0.92.
Endeavour Mining Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.57 per share. This is an increase from Endeavour Mining's previous dividend of $0.41. This represents a dividend yield of 1.99%. The ex-dividend date is Friday, March 14th. Endeavour Mining's dividend payout ratio is currently -56.07%.
About Endeavour Mining
(
Get Free Report)
Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d'Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.
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