Endeavour Mining (LON:EDV) Sets New 1-Year High - Here's What Happened

Endeavour Mining plc (LON:EDV - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 2,234 ($29.80) and last traded at GBX 2,160 ($28.81), with a volume of 1570377 shares changing hands. The stock had previously closed at GBX 2,154 ($28.73).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 2,100 ($28.01) price target on shares of Endeavour Mining in a research report on Thursday, March 6th.

Endeavour Mining Trading Down 1.9 %

The stock has a market capitalization of £6.10 billion, a PE ratio of -17.88 and a beta of 0.92. The firm's 50-day moving average price is GBX 1,788.51 and its 200-day moving average price is GBX 1,667.90.

Insider Activity

In other Endeavour Mining news, insider Ian Cockerill bought 18,500 shares of the business's stock in a transaction dated Tuesday, April 8th. The shares were purchased at an average price of GBX 1,751 ($23.36) per share, with a total value of £323,935 ($432,086.17). Corporate insiders own 19.08% of the company's stock.

Endeavour Mining Company Profile

Endeavour is one of the world's senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote 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 sustainable value to its employees, stakeholders and the communities where it operates.