Endeavour Mining buys 39,432 shares. Goldman targets Endeavour Mining stock at GBp 4,700

Published on 10/20/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 20, 2026 filing leaves 241,544,937 shares in issue. Endeavour Mining stock costs EUR 48.38 on October 20, 2026 versus the Xetra close.

Buyback and upcoming results

Endeavour Mining purchased 39,432 shares during October 14 to October 16, 2026.
The company reported USD 1.22 billion in second-quarter 2026 revenue and USD 250.8 million in net income.
Endeavour Mining stock trades at EUR 48.38 at 1:12 p.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter 2026 results are scheduled for November 12, 2026.

EDV, GB00BL6K5J42, Illustration mit AI erstellt.

Endeavour Mining plc (ISIN GB00BL6K5J42) purchased 39,432 shares under its buyback program between October 14 and October 16, 2026, while Goldman Sachs set a GBp 4,700 price target for Endeavour Mining stock on October 14. The company had 241,544,937 shares outstanding after the repurchased shares were canceled, according to StockTitan.

Buyback leaves 241.5 million shares

The latest transaction covered 9,045 shares purchased on October 14, 32,308 on October 15 and 39,432 on October 16. The volume-weighted average prices were GBp 4,008.39, GBp 3,991.62 and GBp 4,167.00 respectively, according to StockTitan.

The filing said the shares will be canceled and that no ordinary shares will remain in treasury. The transaction is part of the buyback program announced on March 20, 2026, giving the latest filing a direct capital-allocation angle rather than an operating update.

What does the target signal?

Business Insider reported that Goldman Sachs initiated coverage with a Buy rating and a GBp 4,700 target on October 14. The same report described organic growth and free cash flow yield as central parts of the investment case, while gold prices and execution remain important variables for a mining producer.

Endeavour's second-quarter 2026 revenue was USD 1.22 billion and net income was USD 250.8 million, according to the standardized quarterly figures for the period ended June 30, 2026. The company also generated USD 317.3 million in operating cash flow during that quarter. These figures give the buyback a financial backdrop, although the quarterly revenue was below the USD 1.35 billion reported for the first quarter of 2026.

What dates come next?

The company's investor-relations calendar lists April 30, 2026 for first-quarter results, July 30, 2026 for first-half results and October 20, 2026 for the latest buyback filing. The October 20 transaction is therefore the latest of the three dated corporate events.

Endeavour Mining expects to release third-quarter 2026 results on November 12, 2026, before the London Stock Exchange market opens, according to GlobeNewswire. The investor-relations calendar also lists the Scotia Bank Mining Conference for December 1 to December 2, 2026.

Stock price and next catalyst

The upcoming results will provide the next scheduled operating checkpoint after the buyback filing and the second-quarter figures. For investors, production, cash flow and capital returns will be the key figures to compare with the company's recent financial performance.

Endeavour Mining stock was trading at EUR 48.38 at Lang & Schwarz on October 20, 2026 at 1:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Endeavour Mining stock.