Endeavour Mining Corp. (EDV) To Go Ex-Dividend on March 14th

Endeavour Mining Corp. (TSE:EDV) announced a dividend on Friday, March 14th, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.57 per share on Tuesday, April 15th. This represents a dividend 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 Stock Performance

EDV traded down C$0.61 on Wednesday, reaching C$30.24. The company had a trading volume of 204,311 shares, compared to its average volume of 455,536. The company’s fifty day moving average is C$29.15 and its 200 day moving average is C$29.35. The stock has a market cap of C$5.16 billion, a P/E ratio of -15.14 and a beta of 0.92. Endeavour Mining has a fifty-two week low of C$25.03 and a fifty-two week high of C$34.84.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on EDV shares. Ventum Financial set a C$9.00 target price on Endeavour Mining and gave the company 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. TD Securities upgraded shares of Endeavour Mining to a “strong-buy” rating in a research note on Tuesday, February 4th. CIBC downgraded shares of Endeavour Mining from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from C$41.00 to C$37.00 in a research note on Thursday, February 27th. Finally, BMO Capital Markets dropped their price target on Endeavour Mining from C$8.50 to C$8.00 in a research note on Thursday, January 9th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, Endeavour Mining currently has a consensus rating of “Buy” and an average price target of C$23.50.

About Endeavour Mining

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.