National Bank Financial Comments on TSE:EDV FY2024 Earnings

Endeavour Mining Corp. (TSE:EDV) – Investment analysts at National Bank Financial upped their FY2024 EPS estimates for Endeavour Mining in a research note issued to investors on Monday, November 18th. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $2.32 for the year, up from their previous 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.

Several other analysts have also recently issued reports on EDV. Royal Bank of Canada cut 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 note on Tuesday, August 6th. CIBC reduced their price target on Endeavour Mining from C$44.00 to C$43.00 in a research report on Monday. Ventum Cap Mkts raised Endeavour Mining to a “strong-buy” rating in a research report on Wednesday, November 13th. Ventum Financial set a C$9.00 target price on shares of Endeavour Mining and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, UBS Group upgraded shares of Endeavour Mining to a “strong-buy” rating in a research note on Thursday, August 1st.

Endeavour Mining Price Performance

Shares of EDV stock opened at C$28.06 on Thursday. The firm has a 50 day simple moving average of C$31.22. The stock has a market cap of C$6.84 billion, a PE ratio of -27.97 and a beta of 0.92. Endeavour Mining has a 52 week low of C$21.11 and a 52 week high of C$34.84.

Endeavour Mining Announces Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were paid a dividend of $0.561 per share. This represents a yield of 1.42%. The ex-dividend date was Friday, September 13th. 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.