Endeavour Mining (OTCMKTS:EDVMF) Stock Passes Below 50 Day Moving Average of $18.84

Endeavour Mining plc is a mining company that operates in West Africa and South America. The company's primary focus is on gold mining, with operations in Ghana, Mali, and Burkina Faso. In addition to gold, the company also produces copper, silver, and lead.

The stock of Endeavour Mining OTCMKTSEDVMF has been trading on the over-the-counter market (OTC) since 2015. The company's ticker symbol is "EDV" and it is listed on the Frankfurt Stock Exchange under the symbol "EDV."

On Friday, Endeavour Mining shares crossed below their 50 day moving average of $18.84 during trading. This indicates that the stock has been trending downward in recent days. The stock traded as low as $15.60, which is significantly lower than its moving average.

Despite this, Endeavour Mining shares last traded at $16.48, with a volume of 10,310 shares. This suggests that there may still be some demand for the stock, even though it has been trading below its moving average.

It's worth noting that the stock price can fluctuate for various reasons such as market trends, company performance, and news events. It's also important to consider other technical indicators such as the relative strength index (RSI) or the moving average convergence divergence (MACD) when analyzing a stock's performance.

Overall, while Endeavour Mining shares have been trading below their 50 day moving average, it's important to keep in mind that this is just one factor to consider when evaluating the stock's performance.