Endeavour Mining (LON:EDV) Hits New 12-Month High - What's Next?

Endeavour Mining plc (LON:EDV - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 2,234 ($29.71) and last traded at GBX 2,160 ($28.73), with a volume of 1570377 shares trading hands. The stock had previously closed at GBX 2,154 ($28.65).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 2,100 ($27.93) target price on shares of Endeavour Mining in a research report on Thursday, March 6th.

Endeavour Mining Price Performance

The stock has a market capitalization of £6.11 billion, a price-to-earnings ratio of -17.92 and a beta of 0.92. The stock's 50 day simple moving average is GBX 1,793.90 and its 200-day simple moving average is GBX 1,670.17.

Insider Activity at Endeavour Mining

In other Endeavour Mining news, insider Ian Cockerill bought 18,500 shares of the stock in a transaction on Tuesday, April 8th. The shares were purchased at an average cost of GBX 1,751 ($23.29) per share, with a total value of £323,935 ($430,821.92). 19.08% of the stock is owned by company insiders.

Endeavour Mining Company Profile

Endeavour is one of the world's senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d'Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates.