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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (85771)	5/29/2020 2:23:38 PM
From: Goose94	Read Replies (1) \| Respond to of 202691

Endeavour Mining (EDV-T) new 52 week high, $33.18

To: Goose94 who wrote (85771)	6/10/2020 8:47:51 AM
From: Goose94	Read Replies (2) \| Respond to of 202691

Endeavour Mining (EDV-T) Canaccord Genuity analyst Carey MacRury began coverage with a "buy" rating on Tuesday. Mr. MacRury believes Endeavour could become the largest West Africa-focused gold producer and one of the top 15 in the world following the closing of its acquisition of Semafo. Mr. MacRury set a a share target of $38.50. Analysts on average target the shares at $37.80. Mr. MacRury says in a note: "Endeavour now has a core portfolio of four high-grade assets that represent almost 80 per cent of our mining NAV. We forecast that these core assets sustain gold production at 800-900,000 ounces through 2026 with potential for mine life extension beyond. We note that these four mines are among the highest-grade mines in West Africa with an average open-pit grade of 2 grams per ton, almost double that seen in open-pits commonly seen in developed countries like Canada and Australia. We forecast these four mines producing just over 800,000 ounces in 2020 at an average AISC of $840 per ounce." He notes Endeavour has met or exceeded it annual production for seven consecutive years.