National Bank Financial Estimates TSE:EDV Q3 Earnings

Endeavour Mining Corp. (TSE:EDV) – Research analysts at National Bank Financial reduced their Q3 2024 earnings per share (EPS) estimates for Endeavour Mining in a report released on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now forecasts that the company will earn $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.

Endeavour Mining (TSE:EDV) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.20 by C($0.19). Endeavour Mining had a negative return on equity of 3.62% and a negative net margin of 8.83%. The company had revenue of C$761.83 million for the quarter, compared to the consensus estimate of C$762.66 million.

Several other research analysts have also weighed in on the stock. Royal Bank of Canada lowered shares of Endeavour Mining from an “outperform” rating to a “sector perform” rating and lowered their price objective for the stock from C$48.00 to C$40.00 in a research note on Tuesday, August 6th. UBS Group raised Endeavour Mining to a “strong-buy” rating in a research report on Thursday, August 1st.

Endeavour Mining Price Performance

TSE EDV opened at C$32.81 on Friday. The company has a market capitalization of C$8.00 billion, a price-to-earnings ratio of -32.81 and a beta of 0.92. The stock’s fifty day moving average price is C$30.79. Endeavour Mining has a 1 year low of C$21.11 and a 1 year high of C$34.84.

Endeavour Mining Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were given a dividend of $0.561 per share. The ex-dividend date was Friday, September 13th. This represents a 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.