Endeavour Mining Corp (TSE:EDV) – Equities research analysts at National Bank Financial lifted their FY2019 earnings per share (EPS) estimates for Endeavour Mining in a note issued to investors on Sunday, August 18th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings of $1.13 per share for the year, up from their previous forecast of $1.11. National Bank Financial currently has a “Outperform” rating and a $34.50 price target on the stock. National Bank Financial also issued estimates for Endeavour Mining’s FY2020 earnings at $2.21 EPS and FY2021 earnings at $3.70 EPS.

Other research analysts also recently issued research reports about the company. Raymond James reiterated an “outperform” rating and set a C$34.00 price target on shares of Endeavour Mining in a research note on Friday, August 2nd. Desjardins increased their price target on Endeavour Mining from C$30.00 to C$32.00 in a research note on Wednesday, July 17th. CSFB cut their price target on Endeavour Mining from C$33.00 to C$32.00 in a research note on Wednesday, August 7th. Pi Financial downgraded Endeavour Mining from a “buy” rating to a “neutral” rating and increased their price target for the stock from C$26.50 to C$32.00 in a research note on Wednesday, July 24th. Finally, Royal Bank of Canada increased their price target on Endeavour Mining from C$30.00 to C$33.00 in a research note on Wednesday, June 26th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of C$32.50.

EDV stock opened at C$25.65 on Wednesday. The company has a debt-to-equity ratio of 77.27, a quick ratio of 0.62 and a current ratio of 1.45. The company has a market capitalization of $2.91 billion and a price-to-earnings ratio of -17.79. Endeavour Mining has a fifty-two week low of C$16.34 and a fifty-two week high of C$28.27. The stock has a fifty day moving average of C$25.04 and a 200-day moving average of C$21.45.

In related news, Senior Officer Morgan Denis Carroll sold 11,700 shares of the stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of C$26.52, for a total transaction of C$310,284.00. Following the sale, the insider now owns 96,333 shares of the company’s stock, valued at approximately C$2,554,751.16. Also, Senior Officer Henri De Joux sold 10,500 shares of the stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of C$27.54, for a total value of C$289,170.00. Following the sale, the insider now directly owns 9,279 shares in the company, valued at approximately C$255,543.66. Insiders have sold a total of 123,200 shares of company stock worth $2,994,104 in the last three months.

Endeavour Mining Company Profile

Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. Its flagship properties are the Houndé mine located in Burkina Faso and the Ity CIL project situated in Côte d'Ivoire. As of December 31, 2018, the company had proved and probable reserves of 8.0 million ounces, as well as measured and indicated resources of 13.9 million ounces of gold.

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Earnings History and Estimates for Endeavour Mining (TSE:EDV)

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