FY2027 EPS Forecast for Endeavour Mining Lowered by Analyst

Key Points

• Scotiabank lowered Endeavour Mining’s FY2027 EPS forecast to $5.89 from $6.01, though the revised estimate remains above the current consensus of $4.45 per share.
• Analyst sentiment remains positive, with Endeavour holding an average “Buy” rating and a consensus price target of C$93.50. Recent targets include C$92 from National Bank Financial and C$105 from TD.
• Shares opened at C$73.63 and have risen 8.1%, while two insiders recently sold shares; insiders collectively own 19.11% of the company.

Endeavour Mining Corp. (TSE:EDV - Free Report) - Equities research analysts at Scotiabank cut their FY2027 EPS estimates for Endeavour Mining in a note issued to investors on Tuesday, August 4th. Scotiabank analyst O. Habib now expects that the company will post earnings of $5.89 per share for the year, down from their prior estimate of $6.01. The consensus estimate for Endeavour Mining's current full-year earnings is $4.45 per share.

A number of other analysts also recently weighed in on the stock. National Bank Financial decreased their price target on shares of Endeavour Mining from C$116.00 to C$92.00 and set an "outperform" rating for the company in a research report on Tuesday, July 14th. TD increased their price target on shares of Endeavour Mining from C$94.00 to C$105.00 and gave the stock a "buy" rating in a research report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Endeavour Mining has an average rating of "Buy" and a consensus target price of C$93.50.

Endeavour Mining Stock Up 8.1%

EDV opened at C$73.63 on Thursday. The firm's 50 day moving average is C$71.80 and its 200-day moving average is C$79.44. Endeavour Mining has a 52-week low of C$44.27 and a 52-week high of C$98.71. The firm has a market capitalization of C$17.75 billion, a P/E ratio of 21.66 and a beta of 1.82.

Insider Buying and Selling at Endeavour Mining

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

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source