Chart of the Day – EDV

ENDEAVOUR MINING PLC (EDV-L)

ENDEAVOUR MINING PLC was the sole FTSE 100 stock hitting new 26-week low on Wednesday. The miner has been sliding nonstop since attaining an intraday peak of 2,176p on the 5 May 2022. The downtrend now threatens the 52-week lows at 1,500p. A break of that support may lead to a further price decline.

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