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Endeavour Mining Faces Heightened Operational, Geopolitical Risks, Analyst Says: ‘Challenging Position’

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Endeavour Mining PLC (OTC:EDVMF) paused operations in early 2024 at its Hounde gold mine due to a prolonged worker’s strike.

Operational and geopolitical risks have risen amid significant management changes this year, according to RBC Capital Markets.

Analyst Wayne Lam downgraded the rating for Endeavour Mining from Outperform to Sector Perform, while slashing the price target from CA$48 ($34.76) to CA$40.

The Endeavour Mining Takeaways: Two of the …

Full story available on Benzinga.com

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