FY2027 EPS Estimate for Endeavour Mining Reduced by Analyst

Endeavour Mining Corp. (TSE:EDV) – Analysts at Scotiabank cut their FY2027 earnings estimates for Endeavour Mining in a note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings of $6.01 per share for the year, down from their previous forecast of $6.25. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share.

A number of other analysts have also weighed in on the stock. National Bank Financial cut their target price on shares of Endeavour Mining from C$116.00 to C$92.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 14th. TD increased their price objective on shares of Endeavour Mining from C$94.00 to C$105.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$93.50.

Endeavour Mining Price Performance

EDV stock opened at C$67.06 on Monday. The business’s 50-day moving average is C$75.15 and its two-hundred day moving average is C$79.90. The firm has a market capitalization of C$16.16 billion, a P/E ratio of 19.27 and a beta of 1.82. Endeavour Mining has a 1 year low of C$40.55 and a 1 year high of C$98.71.

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

Insiders Place Their Bets

In related news, insider Guy Franklin Young sold 20,228 shares of the business’s stock in a transaction 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 sale, the insider directly owned 45,022 shares of the company’s stock, valued at C$2,215,532.62. The trade was a 31.00% decrease in their ownership of the stock. Also, insider Pascal Bernasconi sold 20,000 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of C$49.51, for a total transaction of C$990,200.00. Following the completion of the transaction, the insider owned 14,168 shares of the company’s stock, valued at C$701,457.68. This represents a 58.53% decrease in their position. Company insiders own 19.11% of the company’s stock.

About Endeavour Mining

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.