Endeavour Mining plc (LON:EDV - Get Free Report)'s share price dropped 4.2% during trading on Thursday. The company traded as low as GBX 3,931 and last traded at GBX 3,946. 52,873,469 shares were traded during mid-day trading, an increase of 403% from the average daily volume of 10,516,349 shares. The stock had previously closed at GBX 4,121.
Analyst Ratings Changes
A number of brokerages have recently issued reports on EDV. JPMorgan Chase & Co. lowered their price target on Endeavour Mining from GBX 5,700 to GBX 5,100 and set an "overweight" rating on the stock in a report on Thursday, July 16th. Berenberg Bank restated a "buy" rating and issued a GBX 5,000 price target on shares of Endeavour Mining in a research report on Thursday, July 30th. Finally, Royal Bank Of Canada lowered shares of Endeavour Mining to a "sector perform" rating and cut their price objective for the company from GBX 5,100 to GBX 4,600 in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 4,900.
Read Our Latest Report on Endeavour Mining
Endeavour Mining Stock Performance
The company has a market capitalization of £9.51 billion, a P/E ratio of 11.61 and a beta of 1.14. The business's fifty day simple moving average is GBX 4,418.87 and its 200-day simple moving average is GBX 4,250.93.
Endeavour Mining Announces Dividend
The company also recently disclosed a dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, October 9th were given a dividend of $0.95 per share. The ex-dividend date was Friday, September 11th. This represents a dividend yield of 111.0%. Endeavour Mining's dividend payout ratio (DPR) is presently 42.65%.
About Endeavour Mining
(
Get Free Report)
Endeavour Mining is one of the world's senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte 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 meaningful value to people and society. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.
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