Endeavour Mining plc (LON:EDV - Get Free Report) shares dropped 5.1% during trading on Tuesday . The stock traded as low as GBX 2,122 ($28.19) and last traded at GBX 2,134 ($28.35). Approximately 457,462 shares traded hands during mid-day 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 ($29.87).
Analyst Ratings Changes
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 2,800 ($37.19) price objective on shares of Endeavour Mining in a report on Thursday, May 1st.
Read Our Latest Report on Endeavour Mining
Endeavour Mining Stock Down 1.4%
The company's fifty day simple moving average is GBX 1,928.43 and its 200 day simple moving average is GBX 1,700.97. The firm has a market capitalization of £6.23 billion, a PE ratio of -18.26 and a beta of 0.92.
Endeavour Mining (LON:EDV - Get Free Report) last released its 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 net margin of 14.83% and a negative return on equity of 11.19%. Equities research analysts forecast that Endeavour Mining plc will post 246.761658 EPS for the current year.
Insider Activity
In other news, insider Ian Cockerill acquired 18,500 shares of the firm's stock in a transaction that occurred on Tuesday, April 8th. The stock was bought at an average cost of GBX 1,751 ($23.26) per share, for a total transaction of £323,935 ($430,306.85). Company insiders own 19.08% of the company's stock.
About Endeavour Mining
(
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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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