Endeavour Mining Corp (TSE:EDV) Senior Officer Morgan Denis Carroll sold 11,700 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of C$26.52, for a total value of C$310,284.00. Following the sale, the insider now directly owns 96,333 shares in the company, valued at C$2,554,751.16.
Shares of EDV traded up C$0.79 during trading hours on Monday, hitting C$27.21. 473,600 shares of the company were exchanged, compared to its average volume of 234,143. The stock has a market capitalization of $2.75 billion and a P/E ratio of -18.69. Endeavour Mining Corp has a fifty-two week low of C$16.34 and a fifty-two week high of C$27.27. The company has a current ratio of 1.45, a quick ratio of 0.62 and a debt-to-equity ratio of 77.27. The business’s fifty day simple moving average is C$22.66.
Several analysts have recently issued reports on the company. Desjardins increased their target price on Endeavour Mining from C$30.00 to C$32.00 in a report on Wednesday, July 17th. Berenberg Bank increased their target price on Endeavour Mining from C$24.35 to C$28.97 in a report on Monday, July 29th. National Bank Financial increased their target price on Endeavour Mining from C$33.00 to C$34.00 and gave the stock an “outperform” rating in a report on Tuesday, July 9th. Royal Bank of Canada increased their target price on Endeavour Mining from C$30.00 to C$33.00 in a report on Wednesday, June 26th. Finally, Raymond James reissued an “outperform” rating and set a C$34.00 target price on shares of Endeavour Mining in a report on Friday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of C$32.43.
Endeavour Mining Company Profile
Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. Its flagship properties are the Houndé mine located in Burkina Faso and the Ity CIL project situated in Côte d'Ivoire. As of December 31, 2018, the company had proved and probable reserves of 8.0 million ounces, as well as measured and indicated resources of 13.9 million ounces of gold.
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