Insider Selling: Endeavour Mining (TSE:EDV) Insider Sells 215,000 Shares of Stock

Key Points

• Yousriya Loza, an insider at Endeavour Mining, sold 215,000 shares at an average price of C$32.87, totaling over C$7 million, reducing their ownership by 0.60% to 35,527,654 shares.
• Endeavour Mining's shares increased by 8.7%, reaching C$63.05, with a market capitalization of C$15.19 billion and a PE ratio of 69.29.
• The company announced a dividend of $0.62 per share to be paid on October 23rd, representing a substantial dividend yield of 116.0%.

Endeavour Mining Corp. (TSE:EDV - Get Free Report) insider Yousriya Loza sold 215,000 shares of the firm's stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of C$32.87, for a total transaction of C$7,067,050.00. Following the completion of the sale, the insider owned 35,527,654 shares in the company, valued at C$1,167,793,986.98. This represents a 0.60% decrease in their position.

Yousriya Loza also recently made the following trade(s):

• On Wednesday, October 8th, Yousriya Loza sold 111,900 shares of Endeavour Mining stock. The shares were sold at an average price of C$60.75, for a total value of C$6,797,925.00.
• On Wednesday, October 8th, Yousriya Loza sold 253,572 shares of Endeavour Mining stock. The stock was sold at an average price of C$32.26, for a total transaction of C$8,180,232.72.
• On Wednesday, October 8th, Yousriya Loza sold 2,062 shares of Endeavour Mining stock. The shares were sold at an average price of C$32.28, for a total transaction of C$66,561.36.
• On Thursday, October 9th, Yousriya Loza sold 133,889 shares of Endeavour Mining stock. The shares were sold at an average price of C$32.37, for a total transaction of C$4,333,986.93.
• On Thursday, October 9th, Yousriya Loza sold 1,795 shares of Endeavour Mining stock. The shares were sold at an average price of C$32.39, for a total transaction of C$58,140.05.

Endeavour Mining Trading Up 8.7%

Shares of TSE:EDV traded up C$5.02 on Tuesday, reaching C$63.05. The company had a trading volume of 1,013,174 shares, compared to its average volume of 575,237. Endeavour Mining Corp. has a 52-week low of C$25.07 and a 52-week high of C$64.79. The firm's 50 day simple moving average is C$51.80 and its 200-day simple moving average is C$44.22. The firm has a market capitalization of C$15.19 billion, a PE ratio of 69.29 and a beta of 0.88.

Endeavour Mining Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 23rd will be paid a dividend of $0.62 per share. This represents a dividend yield of 116.0%. The ex-dividend date of this dividend is Friday, September 26th. Endeavour Mining's dividend payout ratio is presently 107.69%.

Analyst Upgrades and Downgrades

Separately, National Bankshares raised their price target on shares of Endeavour Mining from C$57.00 to C$70.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 24th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Endeavour Mining presently has an average rating of "Buy" and a consensus target price of C$34.00.

About Endeavour Mining

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d'Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.

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