Insider Selling: Endeavour Mining (TSE:EDV) Insider Sells C$995,419.88 in Stock

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

Endeavour Mining Stock Performance

Shares of Endeavour Mining stock opened at C$82.98 on Monday. The firm has a market cap of C$20.03 billion, a PE ratio of 23.84 and a beta of 1.55. The firm’s 50-day simple moving average is C$83.78 and its 200-day simple moving average is C$76.14. Endeavour Mining Corp. has a 1 year low of C$37.61 and a 1 year high of C$98.71.

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

Analyst Upgrades and Downgrades

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

About Endeavour Mining

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.