Raymond James Has Negative Forecast for TSE:EDV Q1 Earnings

Endeavour Mining Corp. (TSE:EDV) – Equities research analysts at Raymond James decreased their Q1 2025 earnings per share estimates for Endeavour Mining in a research report issued to clients and investors on Friday, February 28th. Raymond James analyst C. Stanley now expects that the company will post earnings of $0.61 per share for the quarter, down from their prior estimate of $0.76. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share.

A number of other brokerages have also issued reports on EDV. CIBC lowered Endeavour Mining from an “outperform” rating to a “neutral” rating and lowered their price target for the company from C$41.00 to C$37.00 in a report on Thursday, February 27th. Ventum Cap Mkts upgraded Endeavour Mining to a “strong-buy” rating in a report on Wednesday, November 13th. TD Securities upgraded Endeavour Mining to a “strong-buy” rating in a report on Tuesday, February 4th. BMO Capital Markets lowered their target price on Endeavour Mining from C$8.50 to C$8.00 in a report on Thursday, January 9th. Finally, Ventum Financial set a C$9.00 target price on Endeavour Mining and gave the stock a “buy” rating in a report on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$23.50.

Endeavour Mining Stock Performance

Shares of TSE EDV opened at C$29.63 on Monday. The firm has a market capitalization of C$5.06 billion, a price-to-earnings ratio of -14.83 and a beta of 0.92. The stock has a 50 day moving average price of C$28.61 and a 200 day moving average price of C$29.23. Endeavour Mining has a 52-week low of C$24.71 and a 52-week high of C$34.84.

Endeavour Mining Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, March 14th. This represents a yield of 1.99%. This is a positive change from Endeavour Mining’s previous dividend of $0.41. Endeavour Mining’s dividend payout ratio is currently -56.07%.

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.