Endeavour Mining (LON:EDV) Trading Down 5.1% - Should You Sell?

Endeavour Mining plc (LON:EDV - Get Free Report)'s stock price traded 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). 457,462 shares were traded during trading, a decline of 71% from the average session volume of 1,570,859 shares. The stock had previously closed at GBX 2,248.65 ($29.63).

Analyst Upgrades and Downgrades

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

Endeavour Mining Stock Performance

The company has a fifty day simple moving average of GBX 1,900.59 and a two-hundred day simple moving average of GBX 1,693.55. The stock has a market capitalization of £6.48 billion, a price-to-earnings ratio of -19.00 and a beta of 0.92.

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

Insider Activity

In other news, insider Ian Cockerill acquired 18,500 shares of Endeavour Mining stock in a transaction that occurred on Tuesday, April 8th. The shares were acquired at an average price of GBX 1,751 ($23.07) per share, for a total transaction of £323,935 ($426,791.83). Corporate insiders own 19.08% of the company's stock.

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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