Scotiabank Reduces Earnings Estimates for Endeavour Mining

Endeavour Mining Corp. (TSE:EDV) – Investment analysts at Scotiabank dropped their FY2025 earnings estimates for shares of Endeavour Mining in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $1.35 for the year, down from their previous forecast of $1.60. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share. Scotiabank also issued estimates for Endeavour Mining’s FY2026 earnings at $1.94 EPS.

EDV has been the subject of a number of other research reports. BMO Capital Markets reduced their target price on Endeavour Mining from C$8.50 to C$8.00 in a research note on Thursday, January 9th. CIBC cut Endeavour Mining from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from C$41.00 to C$37.00 in a research note on Thursday, February 27th. National Bank Financial raised Endeavour Mining to a “strong-buy” rating in a report on Friday, March 21st. TD Securities upgraded shares of Endeavour Mining to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, Cibc World Mkts cut shares of 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 given a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Endeavour Mining currently has an average rating of “Buy” and a consensus target price of C$23.50.

Endeavour Mining Trading Up 1.8 %

TSE EDV opened at C$32.86 on Monday. Endeavour Mining has a 12-month low of C$25.07 and a 12-month high of C$34.84. The company has a fifty day simple moving average of C$30.31 and a two-hundred day simple moving average of C$29.59. The stock has a market cap of C$5.61 billion, a P/E ratio of -16.45 and a beta of 0.92.

Endeavour Mining Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be given a $0.57 dividend. This represents a yield of 1.99%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Endeavour Mining’s previous dividend of $0.41. Endeavour Mining’s dividend payout ratio is currently -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.