National Bank Financial Comments on TSE:EDV Q3 Earnings

Endeavour Mining Corp. (TSE:EDV) – Equities research analysts at National Bank Financial cut their Q3 2024 EPS estimates for shares of Endeavour Mining in a note issued to investors on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now forecasts that the company will earn $0.25 per share for the quarter, down from their previous estimate of $0.83. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share. National Bank Financial also issued estimates for Endeavour Mining’s FY2025 earnings at $5.06 EPS.

EDV has been the topic of several other reports. Royal Bank of Canada lowered Endeavour Mining from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from C$48.00 to C$40.00 in a research report on Tuesday, August 6th. UBS Group raised shares of Endeavour Mining to a “strong-buy” rating in a research note on Thursday, August 1st.

Endeavour Mining Price Performance

EDV stock opened at C$32.57 on Friday. Endeavour Mining has a fifty-two week low of C$21.11 and a fifty-two week high of C$34.84. The stock has a market cap of C$7.94 billion, a P/E ratio of -32.57 and a beta of 0.92. The stock’s 50 day moving average price is C$30.69.

Endeavour Mining (TSE:EDV) last announced its quarterly earnings results on Wednesday, July 31st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.20 by C($0.19). Endeavour Mining had a negative net margin of 8.83% and a negative return on equity of 3.62%. The company had revenue of C$761.83 million for the quarter, compared to analysts’ expectations of C$762.66 million.

Endeavour Mining Announces Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were given a dividend of $0.561 per share. This represents a yield of 1.42%. The ex-dividend date of this dividend was Friday, September 13th. Endeavour Mining’s dividend payout ratio (DPR) is -112.00%.

Endeavour Mining Company Profile

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d’Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.