Endeavour Mining (LON:EDV) Stock Price Down 5.1% - What's Next?

Shares of Endeavour Mining plc (LON:EDV - Get Free Report) were down 5.1% on Monday . The stock traded as low as GBX 2,122 ($27.96) and last traded at GBX 2,134 ($28.12). Approximately 457,462 shares changed hands during trading, a decline of 71% from the average daily volume of 1,570,859 shares. The stock had previously closed at GBX 2,248.65 ($29.63).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 2,800 ($36.89) price objective on shares of Endeavour Mining in a research report on Thursday, May 1st.

Endeavour Mining Stock Down 5.1%

The stock has a 50 day moving average price of GBX 1,889.75 and a 200 day moving average price of GBX 1,691.42. The stock has a market capitalization of £6.46 billion, a price-to-earnings ratio of -18.93 and a beta of 0.92.

Endeavour Mining (LON:EDV - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported GBX 71 ($0.94) EPS for the quarter. Endeavour Mining had a negative return on equity of 11.19% and a negative net margin of 14.83%. Sell-side analysts forecast that Endeavour Mining plc will post 246.761658 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Ian Cockerill acquired 18,500 shares of the business's stock in a transaction that occurred on Tuesday, April 8th. The shares were bought at an average cost of GBX 1,751 ($23.07) per share, with a total value of £323,935 ($426,791.83). 19.08% of the stock is owned by 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.

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