Endeavour Mining (TSE:EDV) Insider Guy Franklin Young Sells 20,228 Shares

Endeavour Mining Corp. (TSE:EDV) insider Guy Franklin Young sold 20,228 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of C$49.21, for a total value of C$995,419.88. Following the completion of the sale, the insider owned 45,022 shares of the company’s stock, valued at C$2,215,532.62. This trade represents a 31.00% decrease in their ownership of the stock.

Endeavour Mining Trading Down 7.3%

Shares of TSE:EDV traded down C$6.58 during trading on Friday, hitting C$82.98. 603,706 shares of the company’s stock traded hands, compared to its average volume of 680,368. The company has a 50-day moving average price of C$83.78 and a 200-day moving average price of C$76.00. Endeavour Mining Corp. has a 52 week low of C$37.61 and a 52 week high of C$98.71. The company has a market cap of C$20.03 billion, a price-to-earnings ratio of 23.84 and a beta of 1.55.

Endeavour Mining (TSE:EDV) last announced its earnings results on Thursday, April 30th. The company reported C$2.13 EPS for the quarter. Endeavour Mining had a net margin of 18.88% and a return on equity of 27.75%. The firm had revenue of C$1.88 billion for the quarter. On average, analysts predict that Endeavour Mining Corp. will post 4.4476987 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EDV. Jefferies Financial Group upped their price objective on Endeavour Mining from C$81.00 to C$92.00 in a research report on Monday, January 19th. National Bank Financial upped their price target on Endeavour Mining from C$115.00 to C$116.00 and gave the stock an “outperform” rating in a research report on Sunday, May 3rd. Finally, TD raised their price target on shares of Endeavour Mining from C$94.00 to C$105.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$99.50.

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.