Raymond James Issues Negative Forecast for TSE:EDV Earnings

Endeavour Mining Corp. (TSE:EDV) – Investment analysts at Raymond James dropped their Q4 2024 EPS estimates for shares of Endeavour Mining in a report released on Monday, January 6th. Raymond James analyst C. Stanley now forecasts that the company will post earnings of $1.22 per share for the quarter, down from their prior estimate of $1.23. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.45 per share. Raymond James also issued estimates for Endeavour Mining’s Q1 2025 earnings at $0.86 EPS, Q2 2025 earnings at $0.89 EPS and FY2025 earnings at $3.58 EPS.

EDV has been the topic of a number of other reports. Ventum Financial set a C$9.00 price objective on shares of Endeavour Mining and gave the stock a “buy” rating in a report on Wednesday, November 13th. BMO Capital Markets cut their price target on shares of Endeavour Mining from C$8.50 to C$8.00 in a report on Thursday. Ventum Cap Mkts raised shares of Endeavour Mining to a “strong-buy” rating in a report on Wednesday, November 13th. Finally, CIBC lowered their price objective on Endeavour Mining from C$44.00 to C$43.00 in a research note on Monday, November 18th.

Endeavour Mining Stock Down 0.8 %

EDV opened at C$26.47 on Thursday. The stock has a market cap of C$6.45 billion, a P/E ratio of -26.47 and a beta of 0.92. The business’s fifty day moving average price is C$27.46. Endeavour Mining has a 1 year low of C$21.11 and a 1 year high of C$34.84.

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.