Endeavour Mining plc (LON:EDV) to Issue Dividend of $0.95

Endeavour Mining plc (LON:EDV) announced a dividend on Friday, September 11th. Investors of record on Friday, October 9th will be given a dividend of $0.95 per share on Friday, October 9th. This represents a dividend yield of 111.0%. The ex-dividend date is Friday, September 11th.

Endeavour Mining Trading Up 1.0%

Shares of Endeavour Mining stock opened at GBX 4,720 on Wednesday. The stock has a 50 day moving average of GBX 4,036.84 and a 200 day moving average of GBX 4,308.63. Endeavour Mining has a 12 month low of GBX 2,658 and a 12 month high of GBX 5,360. The firm has a market cap of £11.38 billion, a PE ratio of 13.88 and a beta of 1.14.

Wall Street Analyst Weigh In

EDV has been the topic of several recent research reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 5,000 price objective on shares of Endeavour Mining in a report on Thursday, July 30th. Royal Bank Of Canada lowered shares of Endeavour Mining to a “sector perform” rating and cut their target price for the company from GBX 5,100 to GBX 4,600 in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Endeavour Mining from GBX 5,700 to GBX 5,100 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,900.

Endeavour Mining Company Profile

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.