Raymond James Forecasts Lower Earnings for Endeavour Mining

Endeavour Mining Corp. (TSE:EDV) – Equities research analysts at Raymond James lowered their Q4 2024 EPS estimates for Endeavour Mining in a report released on Monday, January 6th. Raymond James analyst C. Stanley now expects that the company will post earnings of $1.22 per share for the quarter, down from their prior forecast 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.

Other analysts have also issued research reports about the company. CIBC lowered their price target on Endeavour Mining from C$44.00 to C$43.00 in a report on Monday, November 18th. Ventum Financial set a C$9.00 price target on Endeavour Mining and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Finally, Ventum Cap Mkts upgraded shares of Endeavour Mining to a “strong-buy” rating in a research note on Wednesday, November 13th.

Endeavour Mining Price Performance

Shares of TSE:EDV opened at C$26.45 on Thursday. The company has a market cap of C$6.45 billion, a P/E ratio of -26.45 and a beta of 0.92. Endeavour Mining has a 12 month low of C$21.11 and a 12 month high of C$34.84. The firm’s 50-day moving average price is C$27.70.

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.