Endeavour Mining plc T.EDV

Selling pressure

[galnakon]

Gold up 20$, Endeavour barely up. Retracement of 5$. EDV back to RED!!!!
Weakness by excellence.
Only rising gold can keep the stock from not falling. Imagine gold's next downleg... Carnage coming.

[Puma1back]

Well , ugly Friday but the whole group were taken behind the wood pile. Barrick were down 2.6% like us but a bunch were down 3.6% plus so in some regards we fared well. at some point though we should be able to throw off the CEO turf and get a lift back to at least $25 so are overall decline is more in line with the peer group.

[theCurse]

27 would put them back in their peer group - up until the CEO/labour unrest the were trading right around the GDX (27.40 right now) - C$ EDV = US$ GDX over the last year or so.  deviating some times but averaging in line.  Both GDX and EDV down again 2+% today tC

[matt2018]

Only Gold company I follow that stock price is sitting at 3 year low (with price of Gold over $2000/oz no less). Looks like large fund(s) throwing in the towel.   Is there more to this story than what has been reported? Because what has been reported should not cause this type of cratering. The BF mine is back on-line isnt it? You would assume price of Gold was down to $1500/oz or less

[Puma1back]

so that would be about a net 10% hit @ $27 - don't disagree.  as to down today - so is thw whole group , and most other things.  

[goldstd69]

how do you spell oversold??  I look for EDVMF to do some share buybacks at these prices...