Endeavour Mining (LON:EDV) Shares Down 2.7% - Here's Why

Endeavour Mining plc (LON:EDV - Get Free Report) shares fell 2.7% on Thursday . The stock traded as low as GBX 2,164 ($29.03) and last traded at GBX 2,172 ($29.13). 223,958 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 1,206,682 shares. The stock had previously closed at GBX 2,232 ($29.94).

Analyst Ratings Changes

Separately, Berenberg Bank boosted their price target on Endeavour Mining from GBX 2,900 ($38.90) to GBX 3,300 ($44.27) and gave the company a "buy" rating in a report on Thursday, July 3rd.

Endeavour Mining Trading Down 0.2%

The company's 50 day moving average price is GBX 2,245.59 and its 200-day moving average price is GBX 1,929.94. The company has a market capitalization of £6.64 billion, a PE ratio of -19.46 and a beta of 0.92.

Endeavour Mining (LON:EDV - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported GBX 71 ($0.95) earnings per share (EPS) for the quarter. Endeavour Mining had a negative net margin of 14.83% and a negative return on equity of 11.19%. As a group, analysts predict that Endeavour Mining plc will post 246.761658 earnings per share for the current year.

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.