Scotiabank Has Negative Forecast for TSE:EDV FY2026 Earnings

Endeavour Mining Corp. (TSE:EDV) – Stock analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for Endeavour Mining in a report released on Tuesday, July 7th. Scotiabank analyst O. Habib now expects that the company will earn $5.51 per share for the year, down from their previous estimate of $5.84. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share. Scotiabank also issued estimates for Endeavour Mining’s FY2027 earnings at $6.25 EPS.

Endeavour Mining (TSE:EDV) last posted its earnings results on Thursday, April 30th. The company reported C$2.13 earnings per share (EPS) for the quarter. The company had revenue of C$1.88 billion during the quarter. Endeavour Mining had a return on equity of 27.75% and a net margin of 18.88%.

EDV has been the subject of a number of other research reports. National Bank Financial boosted their price objective on shares of Endeavour Mining from C$115.00 to C$116.00 and gave the company an “outperform” rating in a report on Sunday, May 3rd. TD increased their target price on shares of Endeavour Mining from C$94.00 to C$105.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Endeavour Mining presently has an average rating of “Buy” and an average price target of C$99.50.

Endeavour Mining Price Performance

Shares of TSE:EDV opened at C$68.66 on Thursday. The company has a market capitalization of C$16.55 billion, a price-to-earnings ratio of 19.73 and a beta of 1.82. The firm’s 50 day simple moving average is C$78.31 and its 200 day simple moving average is C$80.21. Endeavour Mining has a fifty-two week low of C$39.87 and a fifty-two week high of C$98.71.

Insider Activity

In other news, insider Pascal Bernasconi sold 20,000 shares of Endeavour Mining stock in a transaction dated Monday, May 11th. The stock was sold at an average price of C$49.51, for a total transaction of C$990,200.00. Following the transaction, the insider owned 14,168 shares in the company, valued at C$701,457.68. The trade was a 58.53% decrease in their position. Also, insider Guy Franklin Young sold 20,228 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of C$49.21, for a total value of C$995,419.88. Following the completion of the transaction, the insider owned 45,022 shares of the company’s stock, valued at C$2,215,532.62. This represents a 31.00% decrease in their ownership of the stock. 19.11% of the stock is owned by corporate insiders.

Endeavour Mining Company Profile

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.