Scotiabank Issues Pessimistic Forecast for TSE:EDV Earnings

Endeavour Mining Corp. (TSE:EDV) – Scotiabank dropped their FY2025 earnings per share estimates for shares of Endeavour Mining in a research report issued to clients and investors on Monday, June 9th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $3.33 per share for the year, down from their prior estimate of $3.42. 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 $3.23 EPS.

Several other analysts have also commented on the stock. National Bank Financial raised shares of Endeavour Mining to a “strong-buy” rating in a research note on Friday, March 21st. Jefferies Financial Group increased their price objective on Endeavour Mining from C$45.00 to C$46.00 in a research report on Friday, April 4th. CIBC lowered Endeavour Mining from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from C$41.00 to C$37.00 in a research note on Thursday, February 27th. Royal Bank of Canada raised Endeavour Mining from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 4th. Finally, Cibc World Mkts lowered Endeavour Mining from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th. Two analysts have rated the stock with a hold rating, one has given a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, Endeavour Mining presently has an average rating of “Buy” and an average target price of C$28.00.

Endeavour Mining Trading Up 0.2%

TSE:EDV opened at C$41.43 on Wednesday. The company has a 50-day moving average of C$39.35 and a 200-day moving average of C$32.71. The firm has a market cap of C$7.08 billion, a price-to-earnings ratio of -20.74 and a beta of 0.92. Endeavour Mining has a twelve month low of C$25.07 and a twelve month high of C$45.17.

Endeavour Mining Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a dividend of $0.57 per share. The ex-dividend date was Friday, March 14th. This is a positive change from Endeavour Mining’s previous dividend of $0.41. This represents a yield of 1.99%. Endeavour Mining’s dividend payout ratio (DPR) is presently -56.07%.

About Endeavour Mining

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.