Clarus Securities Equities Analysts Boost Earnings Estimates for Endeavour Mining Corp (EDV)
Endeavour Mining Corp (TSE:EDV) – Equities research analysts at Clarus Securities lifted their FY2018 earnings per share estimates for shares of Endeavour Mining Corp in a research report issued on Tuesday. Clarus Securities analyst N. Sangmuah now anticipates that the company will post earnings per share of $1.91 for the year, up from their prior forecast of $1.86. Clarus Securities also issued estimates for Endeavour Mining Corp’s FY2019 earnings at $1.14 EPS.
Several other equities research analysts have also recently issued reports on the stock. Canaccord Genuity boosted their price objective 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 price objective on shares of Endeavour Mining Corp and gave the company an “outperform” rating in a research report on Friday, July 28th. BMO Capital Markets reissued an “outperform” rating and issued a C$30.00 price objective on shares of Endeavour Mining Corp in a research report on Saturday, September 23rd. Finally, Raymond James Financial, Inc. boosted their price objective on shares of Endeavour Mining Corp from C$28.50 to C$30.50 in a research report on Thursday, September 7th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of C$27.45.
In other Endeavour Mining Corp news, insider Jeremy Langford purchased 6,000 shares of the stock in a transaction dated 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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