Endeavour Mining (OTCMKTS:EDVMF) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Endeavour Mining plc (OTCMKTS:EDVMF)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $19.99 and traded as high as $20.84. Endeavour Mining shares last traded at $20.84, with a volume of 10,313 shares trading hands.

Analysts Set New Price Targets

Separately, TD Securities began coverage on shares of Endeavour Mining in a research note on Tuesday, February 4th. They set a “buy” rating for the company.

Endeavour Mining Price Performance

The company has a 50-day moving average price of $19.99 and a two-hundred day moving average price of $20.97.

Endeavour Mining Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Endeavour Mining’s previous dividend of $0.41.

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.