Scotiabank Increases Earnings Estimates for Endeavour Mining

Endeavour Mining Corp. (TSE:EDV) – Investment analysts at Scotiabank increased their FY2026 earnings estimates for shares of Endeavour Mining in a research report issued on Thursday, March 12th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $5.57 per share for the year, up from their prior forecast 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.

Several other analysts have also recently issued reports on the stock. Berenberg Bank upped their price target on shares of Endeavour Mining from C$79.00 to C$85.00 in a report on Wednesday, December 17th. National Bank Financial boosted their target price on shares of Endeavour Mining from C$88.00 to C$93.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group upped their target price on shares of Endeavour Mining from C$81.00 to C$92.00 in a research note on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$90.00.

Endeavour Mining Trading Down 0.8%

Endeavour Mining stock opened at C$81.94 on Monday. Endeavour Mining has a 52 week low of C$30.81 and a 52 week high of C$98.71. The stock has a market cap of C$19.84 billion, a P/E ratio of 29.91 and a beta of 1.35. The stock has a 50 day moving average of C$82.63 and a 200-day moving average of C$68.28.

Endeavour Mining (TSE:EDV) last issued its quarterly earnings data on Thursday, March 5th. The company reported C$1.28 earnings per share for the quarter. Endeavour Mining had a return on equity of 22.85% and a net margin of 15.99%.The firm had revenue of C$1.69 billion during the quarter.

Insider Activity at Endeavour Mining

In other news, insider La Mancha Investments S.À R.L. sold 60,900 shares of the stock in a transaction 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 completion of the transaction, the insider owned 35,310,054 shares of the company’s stock, valued at approximately C$2,585,049,053.34. This represents a 0.17% decrease in their ownership of the stock. Also, insider La Mancha Capital Management Gp sold 60,900 shares of the firm’s 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 transaction, the insider directly owned 35,310,054 shares in the company, valued at C$2,585,049,053.34. This trade represents a 0.17% decrease in their ownership of the stock. Insiders have sold a total of 688,509 shares of company stock worth $49,418,479 in the last three months. 19.11% of the stock is owned by company insiders.

Endeavour Mining Company Profile

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.