Insider Buying: Endeavour Mining plc (LON:EDV) Insider Buys £77,650 in Stock

Endeavour Mining plc (LON:EDV) insider Srinivasan Venkatakrishnan acquired 5,000 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were purchased at an average cost of GBX 1,553 ($19.85) per share, for a total transaction of £77,650 ($99,233.23).

Endeavour Mining Stock Performance

Shares of LON:EDV opened at GBX 1,538 ($19.65) on Friday. The company’s 50-day moving average is GBX 1,702.53 and its 200 day moving average is GBX 1,598.90. The company has a market capitalization of £3.75 billion, a P/E ratio of -2,698.25 and a beta of 0.90. Endeavour Mining plc has a fifty-two week low of GBX 1,231 ($15.73) and a fifty-two week high of GBX 1,902 ($24.31).

Endeavour Mining Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, October 10th. Investors of record on Thursday, September 12th will be issued a $0.41 dividend. This represents a dividend yield of 1.84%. The ex-dividend date is Thursday, September 12th. Endeavour Mining’s dividend payout ratio (DPR) is currently -11,228.07%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,200 ($28.12) price objective on shares of Endeavour Mining in a report on Thursday, May 2nd.

About Endeavour Mining

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.