Endeavour Mining Corp. (TSE:EDV) to Issue Dividend of $0.57

Endeavour Mining Corp. (TSE:EDV) declared a dividend on Friday, March 14th, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.57 per share on Tuesday, April 15th. This represents a yield of 1.99%. The ex-dividend date of this dividend is Friday, March 14th. This is a 39.0% increase from Endeavour Mining’s previous dividend of $0.41.

Endeavour Mining Price Performance

TSE:EDV traded down C$0.51 during trading hours on Wednesday, hitting C$30.34. The company’s stock had a trading volume of 122,991 shares, compared to its average volume of 453,827. The company has a market capitalization of C$5.18 billion, a P/E ratio of -15.19 and a beta of 0.92. Endeavour Mining has a twelve month low of C$25.03 and a twelve month high of C$34.84. The stock has a fifty day simple moving average of C$29.15 and a 200-day simple moving average of C$29.35.

Analysts Set New Price Targets

A number of brokerages have weighed in on EDV. BMO Capital Markets cut their target price on shares of Endeavour Mining from C$8.50 to C$8.00 in a research report on Thursday, January 9th. TD Securities upgraded Endeavour Mining to a “strong-buy” rating in a research report on Tuesday, February 4th. Ventum Financial set a C$9.00 price target on Endeavour Mining and gave the stock a “buy” rating in a report on Wednesday, November 13th. Ventum Cap Mkts raised Endeavour Mining to a “strong-buy” rating in a research note on Wednesday, November 13th. Finally, Cibc World Mkts lowered Endeavour Mining from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 27th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$23.50.

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.