FY2016 Earnings Estimate for Endeavour Mining Corp (EDV) Issued By Haywood Securities
Endeavour Mining Corp (TSE:EDV) – Equities research analysts at Haywood Securities raised their FY2016 EPS estimates for Endeavour Mining Corp in a research note issued on Wednesday. Haywood Securities analyst T. Hassan now anticipates that the firm will post earnings of $1.20 per share for the year, up from their previous forecast of $1.19.
A number of other equities analysts have also commented on EDV. Canaccord Genuity raised shares of Endeavour Mining Corp from a “hold” rating to a “buy” rating and increased their price target for the stock from C$17.50 to C$29.00 in a report on Tuesday, July 12th. Clarus Securities reissued an “accumulate” rating on shares of Endeavour Mining Corp in a report on Tuesday, August 2nd. Finally, Peel Hunt reissued a “buy” rating and issued a C$26.00 price target on shares of Endeavour Mining Corp in a report on Thursday, September 1st. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of C$18.07.
Endeavour Mining Corp (TSE:EDV) opened at 25.18 on Monday. Endeavour Mining Corp has a 12-month low of $0.60 and a 12-month high of $26.38. The company has a 50-day moving average of $22.76 and a 200 day moving average of $18.82. The firm’s market cap is $2.33 billion.
Endeavour Mining Corp Company Profile
Endeavour Mining Corporation is an intermediate gold mining company. The Company has an exploration portfolio in regions of Burkina Faso, Cote d’Ivoire, Mali and Ghana with a land package totaling approximately 5,080 square kilometers. Its properties include Agbaou Gold Mine, Nzema Gold Mine, Tabakoto Gold Mine and Hounde Project.
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