Endeavour Mining plc (TSE:EDV – Get Rating) – Investment analysts at National Bank Financial issued their Q3 2022 earnings estimates for Endeavour Mining in a research note issued on Thursday, August 4th. National Bank Financial analyst D. Demarco anticipates that the company will post earnings per share of $0.45 for the quarter. The consensus estimate for Endeavour Mining's current full-year earnings is $1.30 per share. National Bank Financial also issued estimates for Endeavour Mining's Q4 2022 earnings at $0.50 EPS, FY2022 earnings at $2.15 EPS and FY2023 earnings at $1.72 EPS.
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A number of other research analysts also recently weighed in on the stock. Raymond James set a C$43.00 target price on shares of Endeavour Mining and gave the company an "outperform" rating in a research report on Friday, May 6th. Barclays reaffirmed a "buy" rating on shares of Endeavour Mining in a research report on Thursday. National Bankshares raised their target price on shares of Endeavour Mining from C$45.25 to C$46.00 and gave the company an "outperform" rating in a research report on Monday, May 9th. Finally, Berenberg Bank reissued a "buy" rating and issued a C$3,000.00 price objective on shares of Endeavour Mining in a research report on Thursday, July 7th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Endeavour Mining presently has a consensus rating of "Moderate Buy" and a consensus target price of C$989.73.
Endeavour Mining Stock Up 1.9 %
Endeavour Mining stock opened at C$27.10 on Monday. The company has a market cap of C$6.73 billion and a P/E ratio of 73.24. Endeavour Mining has a 1-year low of C$23.70 and a 1-year high of C$35.94. The company has a fifty day simple moving average of C$26.94 and a 200 day simple moving average of C$29.77. The company has a current ratio of 1.43, a quick ratio of 1.07 and a debt-to-equity ratio of 22.43.
Endeavour Mining (TSE:EDV – Get Rating) last released its earnings results on Thursday, May 5th. The company reported C$0.62 earnings per share for the quarter, beating analysts' consensus estimates of C$0.54 by C$0.08. The business had revenue of C$869.23 million during the quarter, compared to the consensus estimate of C$825.97 million.
Endeavour Mining Increases Dividend
The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, September 28th. Investors of record on Friday, September 2nd will be issued a dividend of $0.512 per share. This is an increase from Endeavour Mining's previous Semi-Annual dividend of $0.35. The ex-dividend date is Thursday, September 1st. Endeavour Mining's payout ratio is presently 151.35%.
Insider Buying and Selling
In related news, Senior Officer Morgan Denis Carroll sold 25,000 shares of Endeavour Mining stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of C$29.80, for a total transaction of C$745,000.00. Following the completion of the sale, the insider now owns 263,463 shares of the company's stock, valued at approximately C$7,851,197.40.
About Endeavour Mining
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Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. Its project portfolio includes 90% owned Houndé, Mana, Boungou, and Wahgnion mines in Burkina Faso; 85% owned Ity mine located in Côte d'Ivoire; 90% owned Sabodala-Massawa mine situated in Senegal; and Fetekro, Kalana, Bantou, Nabanga, and Afema development projects.
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