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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based senior gold producer with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. The Company has a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. It operates mines that include Hounde Mine, Ity Mine, Mana Mine and Sabodala-Massawa Mine. The Hounde Mine is located approximately 250 kilometers (kms) southwest of Ouagadougou, the capital city of Burkina Faso. The Hounde Mine is owned by the Company (90%) and Government of Burkina Faso (10%). It owns approximately 85% of Ity Mine, which is located 480 kms northwest of Abidjan in southern Cote d'Ivoire. The Mana Mine is located approximately 200 kms west of Ouagadougou, the capital of Burkina Faso. The Sabodala-Massawa Mine is approximately 640 kms southeast of Dakar, the capital of Senegal. It owns approximately 80% of the Lafigue project. Its other projects include Kalana, Bantou and Nabanga.


TSX:EDV - Post by User

Comment by marben100on Apr 03, 2021 7:53am
368 Views
Post# 32933403

RE:david selling

RE:david sellingThanks for that. Mimran's selling might explain the recent share price weakness. 1m shares is a lot for the market to absorb. As a director of Endeavour now, surprised to see him selling but I guess he might be looking to take some profits after a very strong run by Teranga. Might be also be other former Teranga shareholders doing the same (as tC has suggested). He'll still hold some 16m shares.

If he wants to sell more, I'd have thought he'd get the best price by waiting for the London listing and placing some shares with institutions as part of the listing process.

Strange transactions by La Mancha: buying 182.9k on 25th March for 24.74 and then selling 180k on 26th March for 24.80.
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