Equities Analysts Set Expectations for Endeavour Mining Corp’s FY2019 Earnings (EDV)

Endeavour Mining Corp (TSE:EDV) – Equities researchers at Clarus Securities lowered their FY2019 earnings estimates for Endeavour Mining in a report issued on Thursday. Clarus Securities analyst N. Sangmuah now forecasts that the company will post earnings per share of $1.27 for the year, down from their prior forecast of $1.28.

Endeavour Mining (TSE:EDV) last released its earnings results on Thursday, November 9th. The company reported C($0.13) earnings per share for the quarter. Endeavour Mining had a negative net margin of 19.12% and a negative return on equity of 11.08%.

Several other equities analysts also recently weighed in on the company. Canaccord Genuity boosted their target price on Endeavour Mining from C$36.00 to C$37.00 in a research report on Monday, November 20th. Scotiabank reissued an “outperform” rating and set a C$33.00 target price on shares of Endeavour Mining in a research report on Tuesday, November 21st.

Endeavour Mining (EDV) opened at C$22.26 on Monday. The firm has a market capitalization of $2,440.00, a P/E ratio of -19.70 and a beta of -1.26. Endeavour Mining has a 12-month low of C$19.77 and a 12-month high of C$28.81.

In other Endeavour Mining news, insider Morgan Denis Carroll acquired 4,625 shares of the business’s stock in a transaction on Friday, November 10th. The shares were bought at an average price of C$21.41 per share, with a total value of C$99,021.25.

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Endeavour Mining Company Profile

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.

Earnings History and Estimates for Endeavour Mining (TSE:EDV)

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