RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EDVMF
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On Wednesday, ENDEAVOUR MINING COR stock price gained an impressive 6.88%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 01, 2024 Gain 16.36% PDF

The ENDEAVOUR MINING COR stock price gained 6.88% on the last trading day (Wednesday, 27th Mar 2024), rising from $18.90 to $20.20. During the last trading day the stock fluctuated 4.38% from a day low at $19.40 to a day high of $20.25. The price has been going up and down for this period, and there has been a 6.88% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 35 thousand more shares were traded than the day before. In total, 51 thousand shares were bought and sold for approximately $1.02 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $21.29 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -5.82% during the next 3 months and, with a 90% probability hold a price between $14.35 and $20.05 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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EDVMF Signals & Forecast

The ENDEAVOUR MINING COR stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $18.89 and $17.63. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 27.20%. Further rise is indicated until a new top pivot has been found. ENDEAVOUR MINING COR has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for ENDEAVOUR MINING COR stock

On the downside, the stock finds support just below today's level from accumulated volume at $18.70 and $18.65. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ENDEAVOUR MINING COR finds support just below today's level at $18.70. If this is broken, then the next support from accumulated volume will be at $18.65 and $16.62.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.85 between high and low, or 4.38%. For the last week, the stock has had daily average volatility of 3.34%.

Our recommended stop-loss: $19.43 (-3.80%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (EDVMF) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ENDEAVOUR MINING COR to open at $19.95, and during the day (based on 14 day Average True Range), to move between $19.47 and $20.93, which gives a possible trading interval of +/-$0.726 (+/-3.59%) up or down from last closing price. If ENDEAVOUR MINING COR takes out the full calculated possible swing range there will be an estimated 7.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $20.20 (0.01%) than the support at $18.70 (7.43%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ENDEAVOUR MINING COR stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.742 Buy Candidate Unchanged

Predicted Opening Price for ENDEAVOUR MINING COR of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$19.95 ( 1.24%) $20.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for EDVMF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 20.80 2.97 %
R2 20.48 1.36 %
R1 20.27 0.370 %
Current price: 20.20
Support S1 19.63 -2.85 %
S2 19.42 -3.84 %
S3 19.10 -5.45 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.61 11.91 %
R2 22.40 10.87 %
R1 20.20 0.0099 %
Current price 20.20
Support S1 18.70 -7.43%
S2 18.65 -7.67%
S3 16.62 -17.72%

EDVMF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Feb 22, 2024 Mar 25, 2024 $0.410 2.22%
2 Aug 03, 2023 Aug 31, 2023 Sep 26, 2023 $0.400 2.02%
3 Jan 27, 2023 Feb 23, 2023 Mar 28, 2023 $0.410 1.74%
4 Aug 31, 2022 Sep 01, 2022 Sep 28, 2022 $0.400 2.19%
5 Feb 03, 2022 Feb 10, 2022 Mar 16, 2022 $0.280 1.15%

FAQ

What is the symbol for ENDEAVOUR MINING COR Stock and on which exchange is it traded?
The symbol for ENDEAVOUR MINING COR is EDVMF and it is traded on the OTCMKTS (OTC Markets Group).

Should I buy or sell ENDEAVOUR MINING COR Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy ENDEAVOUR MINING COR Stock?
ENDEAVOUR MINING COR Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ENDEAVOUR MINING COR Stock.

What's the current price of ENDEAVOUR MINING COR Stock?
As of the end of day on the 2024-03-27, the price of an ENDEAVOUR MINING COR (EDVMF) share was $20.20.

What is the 52-week high and low for ENDEAVOUR MINING COR Stock?
The 52-week high for ENDEAVOUR MINING COR Stock is $27.40 and the 52-week low is $15.60.

What is the market capitalization of ENDEAVOUR MINING COR Stock?
As of the 2024-03-27, the market capitalization of ENDEAVOUR MINING COR is 4.951B.
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About ENDEAVOUR MINING COR

ENDEAVOUR MINING COR Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. Its project portfolio includes 90% owned Houndé, Mana, Boungou, and Wahgnion mines in Burkina Faso; 85% owned Ity mine located in Côte d'Ivoire; 90% owned Sabodala-Massawa mine situated in Senegal; and Fetekro, Kalana, Bantou, Nabanga, and Afema development projects. The company was incorporated in 2021 and is based in London, the United King... EDVMF Profile

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