Endeavour Mining (LON:EDV) Stock Price Up 4.2% – What’s Next?

by · The Cerbat Gem

Endeavour Mining plc (LON:EDV – Get Free Report)’s stock price rose 4.2% during trading on Friday . The stock traded as high as GBX 4,630 and last traded at GBX 4,594. Approximately 625,846,125 shares changed hands during trading, an increase of 4,407% from the average daily volume of 13,887,382 shares. The stock had previously closed at GBX 4,410.

Analysts Set New Price Targets

EDV has been the subject of several research analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 6,000 target price on shares of Endeavour Mining in a research note on Monday, April 27th. JPMorgan Chase & Co. cut their target price on shares of Endeavour Mining from GBX 5,900 to GBX 5,700 and set an “overweight” rating for the company in a research note on Friday, May 8th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 5,200 target price on shares of Endeavour Mining in a research note on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 5,633.33.

Get Our Latest Research Report on Endeavour Mining

Endeavour Mining Stock Up 4.2%

The stock has a market capitalization of £11.09 billion, a P/E ratio of 13.20 and a beta of 1.12. The firm has a 50-day moving average of GBX 4,537.41 and a 200 day moving average of GBX 4,232.61.

Endeavour Mining Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, April 14th were given a $0.83 dividend. This represents a yield of 86.0%. The ex-dividend date of this dividend was Friday, March 13th. Endeavour Mining’s dividend payout ratio (DPR) is 41.67%.

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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