Endeavour Mining’s (EDV) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Endeavour Mining (LON:EDV) in a report released on Thursday morning, MarketBeat.com reports. They currently have a GBX 2,200 ($27.63) price objective on the stock.

Endeavour Mining Trading Down 1.3 %

Shares of LON:EDV opened at GBX 1,650 ($20.73) on Thursday. The company has a market capitalization of £4.04 billion, a PE ratio of -23,571.43 and a beta of 0.82. Endeavour Mining has a twelve month low of GBX 1,231 ($15.46) and a twelve month high of GBX 2,242 ($28.16). The firm has a 50 day simple moving average of GBX 1,573.36 and a 200-day simple moving average of GBX 1,589.79.

Insider Activity

In other Endeavour Mining news, insider Srinivasan Venkatakrishnan bought 5,000 shares of the business’s stock in a transaction dated Thursday, March 28th. The shares were acquired at an average cost of GBX 1,581 ($19.86) per share, with a total value of £79,050 ($99,296.57). In other Endeavour Mining news, insider Naguib Sawiris bought 47,820 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The shares were acquired at an average cost of GBX 2,839 ($35.66) per share, with a total value of £1,357,609.80 ($1,705,325.71). Also, insider Srinivasan Venkatakrishnan bought 5,000 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was acquired at an average cost of GBX 1,581 ($19.86) per share, for a total transaction of £79,050 ($99,296.57). Corporate insiders own 18.66% of the company’s stock.

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.