National Bank Financial Forecasts TSE:EDV FY2029 Earnings

Endeavour Mining Corp. (TSE:EDV) – Analysts at National Bank Financial issued their FY2029 earnings per share estimates for shares of Endeavour Mining in a research note issued to investors on Wednesday, March 12th. National Bank Financial analyst D. Demarco anticipates that the company will post earnings of $3.22 per share for the year. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share.

A number of other brokerages have also weighed in on EDV. BMO Capital Markets reduced their price target on Endeavour Mining from C$8.50 to C$8.00 in a research report on Thursday, January 9th. CIBC downgraded Endeavour Mining from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from C$41.00 to C$37.00 in a research note on Thursday, February 27th. TD Securities raised Endeavour Mining to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, Cibc World Mkts downgraded Endeavour Mining from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 27th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$23.50.

Endeavour Mining Stock Performance

Shares of EDV opened at C$32.10 on Friday. The firm has a market cap of C$5.48 billion, a price-to-earnings ratio of -16.07 and a beta of 0.92. Endeavour Mining has a 52-week low of C$25.03 and a 52-week high of C$34.84. The business’s fifty day moving average is C$29.35 and its 200-day moving average is C$29.39.

Endeavour Mining Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.57 per share. This is an increase from Endeavour Mining’s previous dividend of $0.41. The ex-dividend date of this dividend is Friday, March 14th. This represents a yield of 1.99%. Endeavour Mining’s dividend payout ratio (DPR) is presently -56.07%.

Endeavour Mining Company Profile

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.