Q3 EPS Estimates for TSE:EDV Cut by National Bank Financial

Endeavour Mining Corp. (TSE:EDV) – Stock analysts at National Bank Financial cut their Q3 2024 earnings per share (EPS) estimates for shares of Endeavour Mining in a research report issued to clients and investors on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $0.25 per share for the quarter, down from their previous forecast of $0.83. 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 FY2025 earnings at $5.06 EPS.

Endeavour Mining (TSE:EDV) last announced its earnings results on Wednesday, July 31st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.20 by C($0.19). Endeavour Mining had a negative net margin of 8.83% and a negative return on equity of 3.62%. The business had revenue of C$761.83 million during the quarter, compared to the consensus estimate of C$762.66 million.

EDV has been the topic of several other reports. UBS Group raised shares of Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st. Royal Bank of Canada lowered Endeavour Mining from an “outperform” rating to a “sector perform” rating and lowered their price objective for the stock from C$48.00 to C$40.00 in a research note on Tuesday, August 6th.

Endeavour Mining Stock Up 0.7 %

Shares of Endeavour Mining stock opened at C$32.81 on Friday. The firm has a market cap of C$8.00 billion, a PE ratio of -32.81 and a beta of 0.92. Endeavour Mining has a twelve month low of C$21.11 and a twelve month high of C$34.84. The business has a 50-day simple moving average of C$30.79.

Endeavour Mining Dividend Announcement

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

Endeavour Mining Company Profile

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.