Srinivasan Venkatakrishnan Buys 5,000 Shares of Endeavour Mining plc (LON:EDV) Stock

Endeavour Mining plc (LON:EDV) insider Srinivasan Venkatakrishnan purchased 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The shares were bought at an average cost of GBX 1,553 ($19.85) per share, with a total value of £77,650 ($99,233.23).

Endeavour Mining Stock Performance

Shares of EDV stock opened at GBX 1,538 ($19.65) on Friday. Endeavour Mining plc has a one year low of GBX 1,231 ($15.73) and a one year high of GBX 1,902 ($24.31). The company has a 50 day moving average price of GBX 1,702.53 and a 200 day moving average price of GBX 1,598.90. The firm has a market capitalization of £3.75 billion, a price-to-earnings ratio of -2,698.25 and a beta of 0.90.

Endeavour Mining Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, September 12th will be given a $0.41 dividend. This represents a dividend yield of 1.84%. The ex-dividend date is Thursday, September 12th. Endeavour Mining’s payout ratio is currently -11,228.07%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,200 ($28.12) price target on shares of Endeavour Mining in a research report on Thursday, May 2nd.

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.