Endeavour Mining plc (LON:EDV) Insider Purchases £79,050 in Stock

Endeavour Mining plc (LON:EDV) insider Srinivasan Venkatakrishnan purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The stock was purchased at an average price of GBX 1,581 ($19.98) per share, for a total transaction of £79,050 ($99,898.90).

Endeavour Mining Stock Up 1.8 %

LON EDV traded up GBX 28 ($0.35) during trading hours on Thursday, hitting GBX 1,609 ($20.33). 540,890 shares of the company were exchanged, compared to its average volume of 511,913. The company has a 50 day moving average of GBX 1,379.88 and a two-hundred day moving average of GBX 1,568.72. The firm has a market cap of £3.94 billion, a price-to-earnings ratio of -3,830.95 and a beta of 0.82. Endeavour Mining plc has a 52-week low of GBX 1,231 ($15.56) and a 52-week high of GBX 2,242 ($28.33).

Endeavour Mining Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 25th. Stockholders of record on Thursday, February 22nd were given a dividend of $0.41 per share. This represents a dividend yield of 2.34%. This is a boost from Endeavour Mining’s previous dividend of $0.40. The ex-dividend date was Thursday, February 22nd. Endeavour Mining’s dividend payout ratio is presently -15,476.19%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 2,000 ($25.27) target price on shares of Endeavour Mining in a research report on Monday, January 22nd.

About Endeavour Mining

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It has six operating assets, including the Boungou, Houndé, Mana, and Wahgnion mines in Burkina Faso; the Ity mine in Côte d'Ivoire; the Lafigué project in Côte d'Ivoire; the Sabodala-Massawa mine in Senegal; the Kalana projects in Mali; and a portfolio of exploration assets on the Birimian Greenstone Belt across Burkina Faso, Côte d'Ivoire, Mali, and Senegal.