Q3 EPS Estimate for Endeavour Mining Reduced by Analyst

Endeavour Mining Corp. (TSE:EDV) – National Bank Financial cut their Q3 2024 earnings per share estimates for shares of Endeavour Mining in a report issued on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.25 per share for the quarter, down from their prior 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 posted its quarterly earnings data on Wednesday, July 31st. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.20 by C($0.19). The company had revenue of C$761.83 million during the quarter, compared to the consensus estimate of C$762.66 million. Endeavour Mining had a negative return on equity of 3.62% and a negative net margin of 8.83%.

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

Endeavour Mining Stock Down 1.5 %

Shares of TSE:EDV opened at C$32.57 on Friday. The business has a fifty day moving average of C$30.69. The company has a market cap of C$7.94 billion, a price-to-earnings ratio of -32.57 and a beta of 0.92. Endeavour Mining has a one year low of C$21.11 and a one year high of C$34.84.

Endeavour Mining Announces Dividend

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