Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) is officially back in the FTSE 100 set after being removed from the blue-chip index just four months ago.
The upgrade comes as packaging company Smurfit Kappa Group plc (LSE:SKG) leaves the FTSE 100 following a merger with US company WestRock.
As part of the merger, Smurfit has opted to move its listing from the premium segment to the standard segment, which disqualifies it from holding a position in the FTSE Russell indexes.
Smurfit has also removed its listing from the Euronext Dublin bourse in favour of a listing on the New York Stock Exchange.
Endeavour was taken off the FTSE 100 in place of easyJet during the March reshuffle.
The miner’s shares suffered a blow after firing its chief executive Sébastien de Montessus in January due to “serious misconduct” allegations.
However, Endeavour has since attracted positive broker ratings following a promising gold pour at its new Lafigué mine in Côte d'Ivoire.