Scotiabank Analysts Decrease Earnings Estimates for TSE:EDV

Endeavour Mining Corp. (TSE:EDV) – Scotiabank lowered their FY2025 earnings per share estimates for Endeavour Mining in a research report issued on Thursday, February 26th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $3.35 for the year, down from their prior estimate of $3.40. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share. Scotiabank also issued estimates for Endeavour Mining’s FY2026 earnings at $5.51 EPS.

Other analysts have also issued reports about the stock. National Bank Financial upped their price target on shares of Endeavour Mining from C$88.00 to C$93.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Berenberg Bank boosted their target price on Endeavour Mining from C$79.00 to C$85.00 in a report on Wednesday, December 17th. Finally, Jefferies Financial Group increased their price target on Endeavour Mining from C$81.00 to C$92.00 in a research note on Monday, January 19th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$90.00.

Endeavour Mining Price Performance

EDV opened at C$98.15 on Monday. The stock’s 50 day moving average price is C$79.38 and its 200 day moving average price is C$65.04. The stock has a market cap of C$23.63 billion, a P/E ratio of 49.57 and a beta of 1.04. Endeavour Mining has a 12 month low of C$28.19 and a 12 month high of C$98.71.

Insider Activity

In related news, insider Martin John White sold 15,565 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of C$36.52, for a total transaction of C$568,433.80. Following the transaction, the insider directly owned 11,000 shares of the company’s stock, valued at approximately C$401,720. The trade was a 58.59% decrease in their ownership of the stock. Also, insider La Mancha Capital Management Gp sold 156,700 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of C$73.65, for a total transaction of C$11,540,955.00. Following the completion of the transaction, the insider directly owned 35,370,954 shares in the company, valued at C$2,605,070,762.10. This trade represents a 0.44% decrease in their ownership of the stock. In the last quarter, insiders have sold 704,074 shares of company stock valued at $49,986,913. 19.11% of the stock is currently owned by company insiders.

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.