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

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

Endeavour Mining Price Performance

Shares of Endeavour Mining stock traded up GBX 28 ($0.35) during trading on Thursday, hitting GBX 1,609 ($20.33). 540,890 shares of the company’s stock traded hands, compared to its average volume of 511,913. The company has a market cap of £3.94 billion, a PE ratio of -3,830.95 and a beta of 0.82. Endeavour Mining plc has a twelve month low of GBX 1,231 ($15.56) and a twelve month high of GBX 2,242 ($28.33). The firm’s fifty day moving average price is GBX 1,379.88 and its 200 day moving average price is GBX 1,568.72.

Endeavour Mining Increases Dividend

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

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 2,000 ($25.27) price target 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.