Endeavour Mining (LON:EDV) Trading Down 1.7% – What’s Next?

Endeavour Mining plc (LON:EDVGet Free Report)’s share price fell 1.7% on Tuesday . The company traded as low as GBX 2,351.66 ($31.79) and last traded at GBX 2,366 ($31.99). 506,478 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 1,409,215 shares. The stock had previously closed at GBX 2,406 ($32.53).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,800 ($37.85) target price on shares of Endeavour Mining in a research note on Thursday, May 1st.

View Our Latest Research Report on Endeavour Mining

Endeavour Mining Trading Down 1.7%

The business has a 50-day moving average of GBX 2,060.58 and a two-hundred day moving average of GBX 1,752.52. The firm has a market cap of £7.16 billion, a P/E ratio of -20.99 and a beta of 0.92.

Endeavour Mining (LON:EDVGet Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported GBX 71 ($0.96) EPS for the quarter. Endeavour Mining had a negative return on equity of 11.19% and a negative net margin of 14.83%. As a group, equities analysts expect that Endeavour Mining plc will post 246.761658 EPS for the current year.

Insider Buying and Selling

In other Endeavour Mining news, insider Ian Cockerill purchased 18,500 shares of the firm’s stock in a transaction on Tuesday, April 8th. The stock was purchased at an average cost of GBX 1,751 ($23.67) per share, for a total transaction of £323,935 ($437,927.54). 19.08% of the stock is owned by corporate insiders.

Endeavour Mining Company Profile

(Get Free Report)

Endeavour is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.

A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates.

Further Reading

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