Endeavour Mining (LON:EDV) Given Buy Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Endeavour Mining (LON:EDV - Free Report) in a research report report published on Thursday morning, LSE.Co.UK reports. The brokerage currently has a GBX 2,200 ($27.63) target price on the stock.

Endeavour Mining Price Performance

EDV stock traded down GBX 25 ($0.31) during trading hours on Thursday, reaching GBX 1,671 ($20.99). The stock had a trading volume of 389,070 shares, compared to its average volume of 523,454. The stock has a market capitalization of £4.10 billion, a PE ratio of -23,985.71 and a beta of 0.82. The stock has a 50-day simple moving average of GBX 1,557.20 and a 200 day simple moving average of GBX 1,590. Endeavour Mining has a fifty-two week low of GBX 1,231 ($15.46) and a fifty-two week high of GBX 2,242 ($28.16).

Insiders Place Their Bets

In related news, insider Srinivasan Venkatakrishnan acquired 5,000 shares of the stock in a transaction dated Thursday, March 28th. The shares were purchased at an average cost of GBX 1,581 ($19.86) per share, with a total value of £79,050 ($99,296.57). In other news, insider Srinivasan Venkatakrishnan acquired 5,000 shares of Endeavour Mining stock in a transaction dated Thursday, March 28th. The stock was purchased at an average cost of GBX 1,581 ($19.86) per share, for a total transaction of £79,050 ($99,296.57). Also, insider Naguib Sawiris bought 47,820 shares of the company's stock in a transaction that occurred on Tuesday, April 2nd. The shares were bought at an average cost of GBX 2,839 ($35.66) per share, for a total transaction of £1,357,609.80 ($1,705,325.71). 18.66% of the stock is owned by insiders.

Endeavour Mining Company Profile

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d'Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.