FY2018 Earnings Estimate for Endeavour Mining Corp Issued By Clarus Securities (EDV)
Endeavour Mining Corp (TSE:EDV) – Equities research analysts at Clarus Securities increased their FY2018 earnings estimates for Endeavour Mining Corp in a research note issued on Thursday. Clarus Securities analyst N. Sangmuah now forecasts that the company will post earnings per share of $1.86 for the year, up from their previous estimate of $1.66.
A number of other research analysts have also weighed in on the stock. Raymond James Financial, Inc. boosted their target price on shares of Endeavour Mining Corp from C$28.50 to C$30.50 in a research report on Thursday, September 7th. Canaccord Genuity boosted their target price on shares of Endeavour Mining Corp from C$33.00 to C$36.00 in a research report on Friday, September 29th. Scotiabank set a C$30.00 target price on shares of Endeavour Mining Corp and gave the stock an “outperform” rating in a research report on Friday, July 28th. Finally, BMO Capital Markets reissued an “outperform” rating and set a C$30.00 target price on shares of Endeavour Mining Corp in a research report on Saturday, September 23rd. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$27.45.
Endeavour Mining Corp (TSE:EDV) opened at 23.12 on Monday. The firm has a 50-day moving average price of $24.25 and a 200 day moving average price of $23.14. The stock’s market capitalization is $2.23 billion. Endeavour Mining Corp has a 52-week low of $17.37 and a 52-week high of $28.81.
In other news, insider Jeremy Langford bought 6,000 shares of the business’s stock in a transaction on Thursday, August 24th. The stock was purchased at an average price of C$22.26 per share, with a total value of C$133,560.00.
About Endeavour Mining Corp
Endeavour Mining Corporation (Endeavour) is an intermediate gold producer. The Company is a gold mining company that operates five mines in Cote d’Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto) and Ghana (Nzema), along with project development and exploration assets. The Company’s segments include Agbaou Mine Cote d’Ivoire, Nzema Mine Ghana, Tabakoto Mine Mali, Ity Mine Cote d’Ivoire, Karma Mine Burkina Faso, Exploration and Non-Mining.
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