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 Endeavour Mining stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of C$49.21, for a total value of C$995,419.88. Following the sale, the insider directly owned 45,022 shares of the company’s stock, valued at approximately C$2,215,532.62. The trade was a 31.00% decrease in their position.

Endeavour Mining Price Performance

Shares of TSE:EDV opened at C$82.98 on Friday. Endeavour Mining Corp. has a fifty-two week low of C$37.61 and a fifty-two week high of C$98.71. The business has a 50-day moving average of C$83.78 and a two-hundred day moving average of C$76.00. The stock has a market capitalization of C$20.03 billion, a P/E ratio of 23.84 and a beta of 1.55.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Jefferies Financial Group lifted their price objective on Endeavour Mining from C$81.00 to C$92.00 in a research note on Monday, January 19th. National Bank Financial lifted their price objective on Endeavour Mining from C$115.00 to C$116.00 and gave the stock an “outperform” rating in a research note on Sunday, May 3rd. Finally, TD lifted their price objective on 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 investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company 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.