Endeavour Mining (LON:EDV) Sets New 1-Year High – Still a Buy?

Endeavour Mining plc (LON:EDV)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 5,618.15 and last traded at GBX 5,185, with a volume of 474754 shares traded. The stock had previously closed at GBX 5,290.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,300 price target on shares of Endeavour Mining in a research note on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 3,650.

Endeavour Mining Stock Down 0.2%

The stock has a 50 day moving average of GBX 4,340.87 and a 200 day moving average of GBX 3,556.78. The company has a market capitalization of £11.69 billion, a price-to-earnings ratio of 24.52 and a beta of 0.85.

Endeavour Mining Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, April 14th will be given a $0.83 dividend. The ex-dividend date is Friday, March 13th. This represents a dividend yield of 86.0%. Endeavour Mining’s payout ratio is 60.10%.

About Endeavour Mining

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.