Endeavour Mining plc (OTCMKTS:EDVMF) Short Interest Update

Endeavour Mining plc (OTCMKTS:EDVMFGet Free Report) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 2,088,364 shares, a decline of 32.2% from the December 31st total of 3,080,986 shares. Based on an average daily trading volume, of 33,077 shares, the days-to-cover ratio is currently 63.1 days. Based on an average daily trading volume, of 33,077 shares, the days-to-cover ratio is currently 63.1 days.

Analyst Ratings Changes

A number of analysts have recently issued reports on EDVMF shares. Raymond James Financial reiterated an “outperform” rating on shares of Endeavour Mining in a research report on Friday, October 10th. Scotiabank reaffirmed an “outperform” rating on shares of Endeavour Mining in a research note on Monday. Morgan Stanley reissued an “overweight” rating on shares of Endeavour Mining in a research note on Monday, January 12th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Endeavour Mining in a research report on Sunday, December 7th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Read Our Latest Report on Endeavour Mining

Endeavour Mining Stock Performance

EDVMF stock traded down $5.47 on Friday, reaching $55.51. The company’s stock had a trading volume of 14,964 shares, compared to its average volume of 24,443. The business has a fifty day simple moving average of $51.66 and a two-hundred day simple moving average of $42.56. Endeavour Mining has a 12-month low of $19.23 and a 12-month high of $65.76.

Endeavour Mining Company Profile

(Get Free Report)

Endeavour Mining is a gold production company with primary operations across West Africa. The company focuses on the exploration, development and extraction of gold resources, operating a portfolio of mines and development projects in Côte d’Ivoire, Burkina Faso and Mali. Production is complemented by regional exploration programs designed to identify additional gold deposits and extend mine life across its project portfolio.

Key operating assets include the Ity and Agbaou mines in Côte d’Ivoire, the Houndé mine in Burkina Faso and the Kalana project in Mali.

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