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Endeavour Mining plc

Company NameEndeavour Mining plc
Stock SymbolEDVMF

On January 4, 2024, Endeavour announced that its President and Chief Executive Officer, Sébastien de Montessus, had been terminated “for serious misconduct,” following an investigation into a $5.9 million “irregular payment instruction issued by [de Montessus] in relation to an asset disposal undertaken by the Company.”

On this news, Endeavour’s stock price fell $2.20, or 10.1%, to close at $19.50 per share on January 4, 2024, thereby injuring investors.

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