Endeavour Mining ( (TSE:EDV) ) has shared an update.
Endeavour Mining plc has announced the purchase of 50,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, is part of a strategy to manage the company’s capital structure and enhance shareholder value. Following the cancellation of these shares, the total voting rights in the company will be 242,807,597. This move is likely to impact the company’s market positioning by potentially increasing the value of remaining shares and demonstrating confidence in its financial health.
More about Endeavour Mining
Endeavour Mining is a senior gold producer and the largest in West Africa, with operations in Senegal, Cote d’Ivoire, and Burkina Faso. The company has a strong portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is a member of the World Gold Council and is committed to responsible mining and sustainable value delivery. It is listed on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.
YTD Price Performance: 15.15%
Average Trading Volume: 459,870
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$7.49B
Learn more about EDV stock on TipRanks’ Stock Analysis page.
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