Endeavour Mining’s (EDV) “Buy” Rating Reiterated at Berenberg Bank

Posted by Jessica Moore on May 2nd, 2024

Endeavour Mining (LON:EDV – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Thursday, LSE.Co.UK reports. They presently have a GBX 2,200 ($27.63) price target on the stock. Berenberg Bank’s price objective points to a potential upside of 31.03% from the company’s current price.

Endeavour Mining Trading Down 1.0 %

LON EDV traded down GBX 17 ($0.21) on Thursday, hitting GBX 1,679 ($21.09). 10,345,039 shares of the stock traded hands, compared to its average volume of 524,768. The stock has a 50-day moving average of GBX 1,557.20 and a 200 day moving average of GBX 1,590. Endeavour Mining has a twelve month low of GBX 1,231 ($15.46) and a twelve month high of GBX 2,242 ($28.16). The company has a market capitalization of £4.12 billion, a P/E ratio of -23,985.71 and a beta of 0.82.

Insider Buying and Selling at Endeavour Mining

In related news, insider Srinivasan Venkatakrishnan purchased 5,000 shares of the company’s stock in a transaction dated Thursday, March 28th. The shares were acquired at an average cost of GBX 1,581 ($19.86) per share, for a total transaction of £79,050 ($99,296.57). In other Endeavour Mining news, insider Srinivasan Venkatakrishnan bought 5,000 shares of the stock in a transaction that occurred on Thursday, March 28th. The shares were 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 stock in a transaction that occurred on Tuesday, April 2nd. The stock was acquired at an average price 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 currently owned by insiders.

About Endeavour Mining

(Get Free Report)

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.