FY2024 EPS Forecast for Endeavour Mining Raised by Analyst

Endeavour Mining Corp. (TSE:EDV) – Analysts at National Bank Financial upped their FY2024 earnings per share estimates for Endeavour Mining in a report released on Monday, November 18th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings of $2.32 per share for the year, up from their prior estimate of $2.01. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share. National Bank Financial also issued estimates for Endeavour Mining’s Q4 2024 earnings at $1.65 EPS and FY2026 earnings at $5.17 EPS.

Other equities analysts also recently issued reports about the stock. Ventum Cap Mkts upgraded shares of Endeavour Mining to a “strong-buy” rating in a report on Wednesday, November 13th. UBS Group upgraded Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st. CIBC lowered their price target on Endeavour Mining from C$44.00 to C$43.00 in a report on Monday, November 18th. Ventum Financial set a C$9.00 target price on shares of Endeavour Mining and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, Royal Bank of Canada lowered shares of Endeavour Mining from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from C$48.00 to C$40.00 in a research note on Tuesday, August 6th.

Endeavour Mining Stock Performance

TSE EDV opened at C$28.09 on Thursday. Endeavour Mining has a 52 week low of C$21.11 and a 52 week high of C$34.84. The business’s fifty day moving average is C$31.21. The stock has a market cap of C$6.85 billion, a price-to-earnings ratio of -27.96 and a beta of 0.92.

Endeavour Mining Announces Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were given a dividend of $0.561 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a dividend yield of 1.42%. Endeavour Mining’s dividend payout ratio (DPR) is currently -112.00%.

About Endeavour Mining

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d’Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.