Endeavour Mining plc (OTCMKTS:EDVMF) Short Interest Up 17.8% in January

Endeavour Mining plc (OTCMKTS:EDVMF) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 2,058,600 shares, a growth of 17.8% from the January 15th total of 1,747,500 shares. Based on an average daily trading volume, of 45,600 shares, the days-to-cover ratio is presently 45.1 days.

Endeavour Mining Stock Down 2.3 %

EDVMF stock traded down $0.51 during mid-day trading on Friday, reaching $21.99. 28,580 shares of the company traded hands, compared to its average volume of 35,023. Endeavour Mining has a 52-week low of $15.60 and a 52-week high of $25.37. The company has a fifty day moving average price of $19.31 and a 200-day moving average price of $20.88.

Endeavour Mining Increases Dividend

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

Endeavour Mining Company Profile

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.