National Bank Financial Forecasts TSE:EDV FY2029 Earnings

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

Other equities research analysts have also issued reports about the stock. BMO Capital Markets dropped their price objective on shares of Endeavour Mining from C$8.50 to C$8.00 in a report on Thursday, January 9th. Cibc World Mkts lowered shares of Endeavour Mining from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 27th. TD Securities upgraded shares of Endeavour Mining to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, CIBC lowered shares of Endeavour Mining from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from C$41.00 to C$37.00 in a report on Thursday, February 27th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$23.50.

Endeavour Mining Stock Performance

EDV opened at C$31.54 on Friday. The firm’s fifty day moving average is C$29.44 and its two-hundred day moving average is C$29.41. The firm has a market cap of C$5.39 billion, a PE ratio of -15.79 and a beta of 0.92. Endeavour Mining has a twelve month low of C$25.03 and a twelve month high of C$34.84.

Endeavour Mining Increases Dividend

The firm 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. The ex-dividend date is Friday, March 14th. This is a boost from Endeavour Mining’s previous dividend of $0.41. This represents a yield of 1.99%. Endeavour Mining’s payout ratio is -56.07%.

About Endeavour Mining

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.