Latest Stocks: FY2018 EPS Estimates for Endeavour Mining Corp (EDV) Cut by Clarus Securities

Latest Stocks: FY2018 EPS Estimates for Endeavour Mining Corp (EDV) Cut by Clarus Securities

A number of other research firms have also issued reports on EDV. Scotiabank reiterated an “outperform” rating and set a C$30.00 price objective on shares of Endeavour Mining Corp in a research note on Friday, February 24th. Canaccord Genuity lifted their price objective on shares of Endeavour Mining Corp from C$29.00 to C$30.00 in a research note on Friday, February 3rd. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$24.50 price objective on shares of Endeavour Mining Corp in a research note on Tuesday, January 24th. Royal Bank of Canada lifted their price objective on shares of Endeavour Mining Corp from C$28.00 to C$30.00 and gave the company an “outperform” rating in a research note on Friday, March 24th. Finally, National Bank Financial dropped their price objective on shares of Endeavour Mining Corp from C$6.50 to C$5.50 in a research note on Friday, March 3rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Endeavour Mining Corp presently has an average rating of “Buy” and an average target price of C$23.94.

Endeavour Mining Corp (TSE:EDV) – Analysts at Clarus Securities lowered their FY2018 earnings per share (EPS) estimates for shares of Endeavour Mining Corp in a research report issued to clients and investors on Friday. Clarus Securities analyst N. Sangmuah now anticipates that the company will post earnings of $1.84 per share for the year, down from their prior forecast of $2.10.

A number of other research firms have also issued reports on EDV. Scotiabank reiterated an “outperform” rating and set a C$30.00 price objective on shares of Endeavour Mining Corp in a research note on Friday, February 24th. Canaccord Genuity lifted their price objective on shares of Endeavour Mining Corp from C$29.00 to C$30.00 in a research note on Friday, February 3rd. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$24.50 price objective on shares of Endeavour Mining Corp in a research note on Tuesday, January 24th. Royal Bank of Canada lifted their price objective on shares of Endeavour Mining Corp from C$28.00 to C$30.00 and gave the company an “outperform” rating in a research note on Friday, March 24th. Finally, National Bank Financial dropped their price objective on shares of Endeavour Mining Corp from C$6.50 to C$5.50 in a research note on Friday, March 3rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Endeavour Mining Corp presently has an average rating of “Buy” and an average target price of C$23.94. Shares of Endeavour Mining Corp (TSE:EDV) traded up 1.46% during midday trading on Monday, hitting $22.26. 345,446 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $23.54 and its 200-day moving average is $23.24. The stock’s market cap is $2.09 billion. Endeavour Mining Corp has a 1-year low of $16.74 and a 1-year high of $28.81.

In related news, insider Jeremy Langford purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, March 31st. The stock was acquired at an average price of C$24.88 per share, for a total transaction of C$124,400.00. Endeavour Mining Corp Company Profile

Endeavour Mining Corporation (Endeavour) is an intermediate gold producer. The Company is a gold mining company that operates five mines in Cote d’Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto) and Ghana (Nzema), along with project development and exploration assets. The Company’s segments include Agbaou Mine Cote d’Ivoire, Nzema Mine Ghana, Tabakoto Mine Mali, Ity Mine Cote d’Ivoire, Karma Mine Burkina Faso, Exploration and Non-Mining.

Related posts

Leave a Comment