Endeavour Mining Corp. (TSE:EDV) to Issue Dividend of $0.57

Endeavour Mining Corp. (TSE:EDV) announced a dividend on Friday, March 14th, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.57 per share on Tuesday, April 15th. This represents a dividend yield of 1.99%. The ex-dividend date is Friday, March 14th. This is a 39.0% increase from Endeavour Mining’s previous dividend of $0.41.

Endeavour Mining Stock Performance

TSE:EDV traded down C$0.49 during mid-day trading on Wednesday, hitting C$30.36. The company had a trading volume of 180,271 shares, compared to its average volume of 454,764. Endeavour Mining has a fifty-two week low of C$25.03 and a fifty-two week high of C$34.84. The firm has a market cap of C$5.19 billion, a P/E ratio of -15.20 and a beta of 0.92. The business’s fifty day moving average is C$29.15 and its two-hundred day moving average is C$29.35.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Ventum Cap Mkts raised shares of Endeavour Mining to a “strong-buy” rating in a research note on Wednesday, November 13th. TD Securities raised shares of Endeavour Mining to a “strong-buy” rating in a report on Tuesday, February 4th. Ventum Financial set a C$9.00 price objective on Endeavour Mining and gave the stock a “buy” rating in a research note on Wednesday, November 13th. CIBC cut Endeavour Mining from an “outperform” rating to a “neutral” rating and decreased their target price for the company from C$41.00 to C$37.00 in a research note on Thursday, February 27th. Finally, BMO Capital Markets lowered their price target on Endeavour Mining from C$8.50 to C$8.00 in a report on Thursday, January 9th. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$23.50.

Endeavour Mining Company Profile

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.