Endeavour Mining Aims to Uncover Up to 15 Million Ounces of Resources in the Next Five Years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2025
0mins
Source: WSJ
- Exploration Goals: Endeavour Mining aims to discover between 12 million to 15 million ounces of mineral resources over the next five years.
- Financial Commitment: The company plans to invest approximately $540 million in exploration activities during this period.
- Cost Efficiency: Endeavour Mining expects the discovery cost to be under $40 per ounce.
- Market Presence: The company is listed on both the London and Toronto stock exchanges.
Analyst Views on EDV
Wall Street analysts forecast EDV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EDV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 65.740
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Current: 65.740
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
