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Endeavour Mining ( (TSE:EDV) ) just unveiled an update.
Endeavour Mining has announced the repurchase of 50,000 of its own ordinary shares as part of its ongoing buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, will result in a total of 243,578,697 ordinary shares in issue, impacting the company’s voting rights and potentially enhancing shareholder value. The buy-back initiative reflects Endeavour’s strategic focus on optimizing its capital structure and strengthening its position in the market.
More about Endeavour Mining
Endeavour Mining is a leading gold producer and the largest in West Africa, with operations across Senegal, Côte d’Ivoire, and Burkina Faso. It possesses a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. A member of the World Gold Council, Endeavour is committed to responsible mining and sustainable value delivery to its stakeholders.
YTD Price Performance: 11.57%
Average Trading Volume: 422,910
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$7.28B
For a thorough assessment of EDV stock, go to TipRanks’ Stock Analysis page.
