FY2024 Earnings Estimate for Endeavour Mining Corp. Issued By Raymond James (TSE:EDV)

Endeavour Mining Corp. (TSE:EDV) – Stock analysts at Raymond James reduced their FY2024 earnings per share (EPS) estimates for shares of Endeavour Mining in a report issued on Monday, September 23rd. Raymond James analyst C. Stanley now forecasts that the company will earn $1.46 per share for the year, down from their prior forecast of $2.22. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.23 per share. Raymond James also issued estimates for Endeavour Mining’s Q4 2024 earnings at $1.06 EPS, Q1 2025 earnings at $1.07 EPS, Q2 2025 earnings at $1.09 EPS, Q3 2025 earnings at $1.13 EPS, Q4 2025 earnings at $1.10 EPS and FY2025 earnings at $4.39 EPS.

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

A number of other equities analysts have also recently issued reports on the company. Royal Bank of Canada cut Endeavour Mining from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from C$48.00 to C$40.00 in a report on Tuesday, August 6th. UBS Group upgraded Endeavour Mining to a “strong-buy” rating in a research report on Thursday, August 1st.

Endeavour Mining Stock Down 2.9 %

Shares of EDV opened at C$32.73 on Thursday. Endeavour Mining has a 12-month low of C$21.11 and a 12-month high of C$34.30. The stock has a market capitalization of C$7.99 billion, a price-to-earnings ratio of -33.06 and a beta of 0.90.

Endeavour Mining Announces Dividend

The business also recently declared a Semi-Annual dividend, which will be paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th will be given a $0.561 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a dividend yield of 1.42%. Endeavour Mining’s dividend payout ratio (DPR) is presently -113.13%.

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.