FY2026 EPS Estimate for Endeavour Mining Reduced by Analyst

Key Points

• Scotiabank lowered its FY2026 EPS estimate for Endeavour Mining to $5.51 from $5.84, though this remains above the current consensus estimate of $4.45 per share.
• Despite the reduced earnings forecast, other analysts remain positive: TD raised its price target to C$105 and National Bank Financial increased its target to C$116, with the stock carrying an average Buy rating.
• Endeavour Mining shares were down 5.2% and opened at C$68.66, while recent insider sales by two executives added to investor focus on the stock.

Endeavour Mining Corp. (TSE:EDV - Free Report) - Stock analysts at Scotiabank cut their FY2026 earnings per share estimates for shares of Endeavour Mining in a research report issued to clients and investors on Tuesday, July 7th. Scotiabank analyst O. Habib now expects that the company will post earnings of $5.51 per share for the year, down from their previous estimate of $5.84. The consensus estimate for Endeavour Mining's current full-year earnings is $4.45 per share. Scotiabank also issued estimates for Endeavour Mining's FY2027 earnings at $6.25 EPS.

A number of other equities research analysts have also commented on the stock. TD increased their price objective on shares of Endeavour Mining from C$94.00 to C$105.00 and gave the stock a "buy" rating in a report on Tuesday, April 21st. National Bank Financial upped their target price on shares of Endeavour Mining from C$115.00 to C$116.00 and gave the stock an "outperform" rating in a research report on Sunday, May 3rd. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of C$99.50.

Endeavour Mining Stock Down 5.2%

Endeavour Mining stock opened at C$68.66 on Thursday. The stock has a 50-day simple moving average of C$78.31 and a 200 day simple moving average of C$80.21. The stock has a market capitalization of C$16.55 billion, a price-to-earnings ratio of 19.73 and a beta of 1.82. Endeavour Mining has a 12-month low of C$39.87 and a 12-month high of C$98.71.

Endeavour Mining (TSE:EDV - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported C$2.13 EPS for the quarter. Endeavour Mining had a return on equity of 27.75% and a net margin of 18.88%.The company had revenue of C$1.88 billion for the quarter.

Insider Transactions at Endeavour Mining

In other news, insider Guy Franklin Young sold 20,228 shares of Endeavour Mining stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of C$49.21, for a total transaction of C$995,419.88. Following the completion of the sale, the insider owned 45,022 shares in the company, valued at C$2,215,532.62. The trade was a 31.00% decrease in their position. Also, insider Pascal Bernasconi sold 20,000 shares of the business's stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of C$49.51, for a total transaction of C$990,200.00. Following the sale, the insider directly owned 14,168 shares of the company's stock, valued at approximately C$701,457.68. This trade represents a 58.53% decrease in their ownership of the stock. Corporate insiders own 19.11% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.