Endeavour Mining (LON:EDV) Trading Up 2.2%

Endeavour Mining plc (LON:EDV) shares rose 2.2% during trading on Wednesday . The company traded as high as GBX 1,726 ($21.32) and last traded at GBX 1,717 ($21.21). Approximately 348,001 shares changed hands during trading, a decline of 33% from the average daily volume of 522,202 shares. The stock had previously closed at GBX 1,680 ($20.75).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,000 ($24.70) target price on shares of Endeavour Mining in a research note on Monday, January 22nd.

Endeavour Mining Price Performance

The business has a fifty day simple moving average of GBX 1,516.54 and a two-hundred day simple moving average of GBX 1,585.64. The company has a market cap of £4.21 billion, a PE ratio of -24,528.57 and a beta of 0.82.

Insiders Place Their Bets

In other Endeavour Mining news, insider Naguib Sawiris acquired 47,820 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was purchased at an average price of GBX 2,839 ($35.07) per share, for a total transaction of £1,357,609.80 ($1,676,889.58). In other Endeavour Mining news, insider Naguib Sawiris acquired 47,820 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was purchased at an average price of GBX 2,839 ($35.07) per share, for a total transaction of £1,357,609.80 ($1,676,889.58). Also, insider Srinivasan Venkatakrishnan acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, March 28th. The shares were acquired at an average price of GBX 1,581 ($19.53) per share, with a total value of £79,050 ($97,640.81). 18.66% of the stock is owned by company insiders.

Endeavour Mining Company Profile

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d'Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.