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

Endeavour Mining Corp. (TSE:EDV - Free Report) - Research analysts at National Bank Financial lowered their Q3 2024 EPS estimates for Endeavour Mining in a report released on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $0.25 per share for the quarter, down from their previous estimate 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.

Several other research firms have also issued reports on EDV. Royal Bank of Canada lowered shares of Endeavour Mining from an "outperform" rating to a "sector perform" rating and lowered their price target for the company from C$48.00 to C$40.00 in a research report on Tuesday, August 6th. UBS Group raised shares of Endeavour Mining to a "strong-buy" rating in a report on Thursday, August 1st.

Endeavour Mining Stock Up 0.7 %

Shares of TSE EDV traded up C$0.24 during midday trading on Friday, hitting C$32.81. The company's stock had a trading volume of 378,664 shares, compared to its average volume of 493,085. The company's fifty day simple moving average is C$30.79. Endeavour Mining has a one year low of C$21.11 and a one year high of C$34.84. The stock has a market cap of C$8.00 billion, a price-to-earnings ratio of -32.81 and a beta of 0.92.

Endeavour Mining (TSE:EDV - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate 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.

Endeavour Mining Announces Dividend

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