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Endeavour Mining Plc (TSE:EDV) to Issue Semi-Annual Dividend of $0.51

kopsource ·  Aug 31, 2022 08:51

Endeavour Mining plc (TSE:EDV – Get Rating) announced a Semi-Annual dividend on Wednesday, August 3rd, Zacks reports. Shareholders of record on Friday, September 2nd will be paid a dividend of 0.512 per share on Wednesday, September 28th. This represents a yield of 1.54%. The ex-dividend date of this dividend is Thursday, September 1st. This is a boost from Endeavour Mining's previous Semi-Annual dividend of $0.35.

Endeavour Mining Trading Down 0.1 %

Shares of EDV opened at C$25.92 on Wednesday. The company has a debt-to-equity ratio of 20.93, a current ratio of 1.55 and a quick ratio of 1.18. The firm has a market capitalization of C$6.41 billion and a price-to-earnings ratio of 38.69. The company has a 50-day moving average of C$26.27 and a 200 day moving average of C$29.56. Endeavour Mining has a 1-year low of C$23.70 and a 1-year high of C$35.94.

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Endeavour Mining (TSE:EDV – Get Rating) last released its earnings results on Wednesday, August 3rd. The company reported C$0.57 EPS for the quarter, topping analysts' consensus estimates of C$0.49 by C$0.08. The company had revenue of C$803.60 million during the quarter, compared to analyst estimates of C$760.25 million. On average, research analysts expect that Endeavour Mining will post 1.4 EPS for the current year.

Insider Activity

In other news, Senior Officer Morgan Denis Carroll sold 25,000 shares of the company's stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of C$29.80, for a total transaction of C$745,000.00. Following the completion of the sale, the insider now directly owns 263,463 shares of the company's stock, valued at C$7,851,197.40.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Berenberg Bank reissued a "buy" rating and issued a C$3,000.00 price objective on shares of Endeavour Mining in a report on Thursday, July 7th. Barclays restated a "buy" rating on shares of Endeavour Mining in a research report on Thursday, August 4th. National Bankshares raised their target price on Endeavour Mining from C$45.25 to C$46.00 and gave the company an "outperform" rating in a report on Monday, May 9th. Finally, Raymond James set a C$43.00 price target on Endeavour Mining and gave the stock an "outperform" rating in a research note on Friday, May 6th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Endeavour Mining has a consensus rating of "Moderate Buy" and an average price target of C$989.73.

Endeavour Mining Company Profile

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Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. Its project portfolio includes 90% owned Houndé, Mana, Boungou, and Wahgnion mines in Burkina Faso; 85% owned Ity mine located in Côte d'Ivoire; 90% owned Sabodala-Massawa mine situated in Senegal; and Fetekro, Kalana, Bantou, Nabanga, and Afema development projects.

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