Endeavour Mining (OTCMKTS:EDVMF) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Endeavour Mining plc (OTCMKTS:EDVMF) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $19.99 and traded as high as $20.84. Endeavour Mining shares last traded at $20.84, with a volume of 10,313 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, TD Securities assumed coverage on Endeavour Mining in a report on Tuesday, February 4th. They issued a “buy” rating on the stock.

Endeavour Mining Price Performance

The firm’s 50-day moving average is $19.99 and its 200-day moving average is $20.97.

Endeavour Mining Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.57 per share. This is a boost from Endeavour Mining’s previous dividend of $0.41. The ex-dividend date of this dividend is Friday, March 14th.

About Endeavour Mining

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d'Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.