Scotiabank Issues Pessimistic Forecast for TSE:EDV Earnings

Endeavour Mining Corp. (TSE:EDV) – Investment analysts at Scotiabank dropped their FY2025 earnings estimates for shares of Endeavour Mining in a report released on Wednesday, January 8th. Scotiabank analyst O. Habib now expects that the company will post earnings of $1.60 per share for the year, down from their previous forecast of $1.82. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share.

Several other equities analysts have also recently weighed in on EDV. BMO Capital Markets dropped their price objective on Endeavour Mining from C$8.50 to C$8.00 in a report on Thursday. Ventum Financial set a C$9.00 price target on Endeavour Mining and gave the company a “buy” rating in a research note on Wednesday, November 13th. CIBC reduced their price objective on shares of Endeavour Mining from C$44.00 to C$43.00 in a research note on Monday, November 18th. Finally, Ventum Cap Mkts upgraded shares of Endeavour Mining to a “strong-buy” rating in a research report on Wednesday, November 13th.

Endeavour Mining Trading Down 0.8 %

TSE EDV opened at C$26.47 on Friday. The firm has a market capitalization of C$6.45 billion, a P/E ratio of -26.47 and a beta of 0.92. The company has a 50 day simple moving average of C$27.46. Endeavour Mining has a 1-year low of C$21.11 and a 1-year high of C$34.84.

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.