Scotiabank Issues Pessimistic Estimate for TSE:EDV Earnings

Key Points

• Scotiabank lowered its FY2026 EPS estimate for Endeavour Mining to $5.36 from $5.62 and pegged FY2027 EPS at $6.29.
• Other analysts have raised price targets (Berenberg, National Bank Financial, Jefferies), and MarketBeat shows a consensus rating of "Buy" with an average target of C$90.00.
• The stock is trading around C$90.15 with a market cap of C$21.92 billion and a P/E of 32.90, after reporting C$1.28 EPS and C$1.69 billion revenue in the last quarter.

Endeavour Mining Corp. (TSE:EDV - Free Report) - Research analysts at Scotiabank decreased their FY2026 earnings per share estimates for Endeavour Mining in a research report issued on Friday, April 10th. Scotiabank analyst O. Habib now expects that the company will post earnings of $5.36 per share for the year, down from their previous estimate of $5.62. 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 $6.29 EPS.

Several other research analysts have also issued reports on EDV. Berenberg Bank boosted their target price on Endeavour Mining from C$79.00 to C$85.00 in a research report on Wednesday, December 17th. National Bank Financial lifted their price target on shares of Endeavour Mining from C$88.00 to C$93.00 and gave the company an "outperform" rating in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group lifted their price target on shares of Endeavour Mining from C$81.00 to C$92.00 in a research note on Monday, January 19th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$90.00.

Endeavour Mining Trading Down 0.2%

EDV opened at C$90.15 on Tuesday. The firm has a market cap of C$21.92 billion, a P/E ratio of 32.90 and a beta of 1.54. Endeavour Mining has a 12 month low of C$36.30 and a 12 month high of C$98.71. The stock has a 50-day moving average of C$83.82 and a 200 day moving average of C$72.04.

Endeavour Mining (TSE:EDV - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported C$1.28 EPS for the quarter. The company had revenue of C$1.69 billion during the quarter. Endeavour Mining had a return on equity of 22.85% and a net margin of 15.99%.

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.

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