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An update from Endeavour Mining ( (TSE:EDV) ) is now available.
Endeavour Mining plc has announced the purchase of 17,400 of its own ordinary shares as part of a buy-back program initiated in March 2024. This transaction, managed by Stifel Nicolaus Europe Limited, was completed at a volume-weighted average price of 1,528.70 GBp per share. The repurchase will result in the cancellation of these shares, leaving 243,705,585 ordinary shares in issue, which shareholders may use as a basis for calculating voting rights. This move reflects Endeavour’s strategy to enhance shareholder value and its commitment to maintaining a strong capital structure, potentially strengthening its position in the competitive gold mining industry.
More about Endeavour Mining
Endeavour Mining is a leading global gold producer and the largest in West Africa, with operations in Senegal, Cote d’Ivoire, and Burkina Faso. The company has a robust portfolio of development projects and exploration assets in West Africa’s Birimian Greenstone Belt. As a member of the World Gold Council, Endeavour Mining is committed to responsible mining and creating sustainable value for employees, stakeholders, and local communities. It is listed on both the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.
YTD Price Performance: 2.95%
Average Trading Volume: 420,505
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.84B
For an in-depth examination of EDV stock, go to TipRanks’ Stock Analysis page.
