Scotiabank Has Positive Outlook of TSE:EDV FY2026 Earnings

Endeavour Mining Corp. (TSE:EDV) – Research analysts at Scotiabank upped their FY2026 EPS estimates for shares of Endeavour Mining in a report released on Thursday, March 12th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $5.57 for the year, up from their previous estimate of $5.51. 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.

Endeavour Mining (TSE:EDV) last released its quarterly earnings data on Thursday, March 5th. The company reported C$1.28 EPS for the quarter. The business 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%.

Several other research firms have also recently weighed in on EDV. Jefferies Financial Group lifted their price objective on Endeavour Mining from C$81.00 to C$92.00 in a report on Monday, January 19th. Berenberg Bank increased their target price on Endeavour Mining from C$79.00 to C$85.00 in a research note on Wednesday, December 17th. Finally, National Bank Financial increased their target price on Endeavour Mining from C$88.00 to C$93.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Endeavour Mining presently has an average rating of “Buy” and a consensus target price of C$90.00.

Endeavour Mining Trading Down 6.4%

EDV stock opened at C$78.43 on Monday. Endeavour Mining has a 1-year low of C$30.81 and a 1-year high of C$98.71. The firm has a market cap of C$18.99 billion, a PE ratio of 28.62 and a beta of 1.35. The business’s 50-day moving average price is C$82.25 and its two-hundred day moving average price is C$67.79.

Insider Activity

In other Endeavour Mining news, insider La Mancha Investments S.À R.L. sold 60,900 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of C$73.21, for a total value of C$4,458,489.00. Following the sale, the insider owned 35,310,054 shares in the company, valued at C$2,585,049,053.34. This represents a 0.17% decrease in their ownership of the stock. Also, insider Yousriya Loza sold 60,900 shares of the stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$73.21, for a total value of C$4,458,489.00. Following the completion of the sale, the insider owned 35,310,054 shares in the company, valued at approximately C$2,585,049,053.34. This trade represents a 0.17% decrease in their position. Insiders sold a total of 704,074 shares of company stock valued at $49,986,913 in the last 90 days. 19.11% of the stock is owned by company insiders.

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.