Scotiabank Issues Pessimistic Estimate for TSE:EDV Earnings

Endeavour Mining Corp. (TSE:EDV) – Stock analysts at Scotiabank decreased their FY2027 earnings per share estimates for Endeavour Mining in a research note issued on Thursday, October 1st. Scotiabank analyst O. Habib now expects that the company will post earnings of $5.88 per share for the year, down from their prior estimate of $5.89. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share.

EDV has been the topic of several other research reports. Royal Bank Of Canada downgraded shares of Endeavour Mining from a “moderate buy” rating to a “hold” rating in a research report on Friday, August 7th. National Bank Financial lowered their price objective on shares of Endeavour Mining from C$116.00 to C$92.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$93.50.

Endeavour Mining Stock Down 1.9%

Shares of Endeavour Mining stock opened at C$78.66 on Friday. The firm has a market capitalization of C$18.96 billion, a P/E ratio of 23.14 and a beta of 1.90. The company has a 50 day moving average price of C$81.02 and a 200 day moving average price of C$79.44. Endeavour Mining has a 52 week low of C$53.37 and a 52 week high of C$98.71.

Endeavour Mining Company Profile

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society.