Endeavour Mining (TSE:EDV) Insider Sells C$7,067,050.00 in Stock

Endeavour Mining Corp. (TSE:EDV) insider Yousriya Loza sold 215,000 shares of the company’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of C$32.87, for a total value of C$7,067,050.00. Following the completion of the sale, the insider owned 35,527,654 shares in the company, valued at C$1,167,793,986.98. The trade was a 0.60% decrease in their position.

Yousriya Loza also recently made the following trade(s):

• On Wednesday, October 8th, Yousriya Loza sold 111,900 shares of Endeavour Mining stock. The stock was sold at an average price of C$60.75, for a total value of C$6,797,925.00.
• On Wednesday, October 8th, Yousriya Loza sold 253,572 shares of Endeavour Mining stock. The stock was sold at an average price of C$32.26, for a total value of C$8,180,232.72.
• On Wednesday, October 8th, Yousriya Loza sold 2,062 shares of Endeavour Mining stock. The stock was sold at an average price of C$32.28, for a total value of C$66,561.36.
• On Thursday, October 9th, Yousriya Loza sold 133,889 shares of Endeavour Mining stock. The stock was sold at an average price of C$32.37, for a total value of C$4,333,986.93.
• On Thursday, October 9th, Yousriya Loza sold 1,795 shares of Endeavour Mining stock. The stock was sold at an average price of C$32.39, for a total value of C$58,140.05.

Endeavour Mining Trading Up 0.2%

TSE EDV opened at C$65.68 on Friday. The stock has a market capitalization of C$15.82 billion, a price-to-earnings ratio of 72.18 and a beta of 0.88. Endeavour Mining Corp. has a twelve month low of C$25.07 and a twelve month high of C$67.02. The stock has a 50-day moving average of C$52.97 and a 200 day moving average of C$44.71.

Endeavour Mining Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 23rd will be issued a $0.62 dividend. The ex-dividend date of this dividend is Friday, September 26th. This represents a yield of 116.0%. Endeavour Mining’s dividend payout ratio is presently 107.69%.

Wall Street Analysts Forecast Growth

Separately, National Bankshares upped their price target on Endeavour Mining from C$57.00 to C$70.00 and gave the stock an “outperform” rating in a report on Wednesday, September 24th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$34.00.

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.