Clarus Securities Analysts Lift Earnings Estimates for Endeavour Mining Corp (EDV)
Endeavour Mining Corp (TSE:EDV) – Stock analysts at Clarus Securities boosted their FY2019 earnings per share estimates for shares of Endeavour Mining in a report issued on Friday, November 16th. Clarus Securities analyst N. Sangmuah now anticipates that the company will post earnings of $1.35 per share for the year, up from their previous estimate of $1.34.
Several other research firms have also issued reports on EDV. Canaccord Genuity decreased their price target on shares of Endeavour Mining from C$38.50 to C$35.50 in a research report on Tuesday, July 24th. BMO Capital Markets decreased their price target on shares of Endeavour Mining from C$35.00 to C$30.00 in a research report on Thursday, August 2nd. Raymond James decreased their price target on shares of Endeavour Mining from C$31.00 to C$28.00 in a research report on Friday, October 19th. Berenberg Bank decreased their price target on shares of Endeavour Mining from C$28.33 to C$22.55 in a research report on Wednesday, October 17th. Finally, Pi Financial decreased their price target on shares of Endeavour Mining from C$29.00 to C$26.25 and set a “buy” rating on the stock in a research report on Friday, September 28th.
In other news, insider Mancha Holding S.A.R.L. La acquired 49,700 shares of the stock in a transaction on Monday, August 27th. The shares were purchased at an average cost of C$19.90 per share, for a total transaction of C$989,030.00. Also, insider Yousriya Loza-Sawiris acquired 39,400 shares of the stock in a transaction on Thursday, August 23rd. The shares were purchased at an average price of C$19.31 per share, for a total transaction of C$760,814.00. Over the last quarter, insiders have acquired 329,900 shares of company stock worth $6,451,370.
Endeavour Mining Company Profile
Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. The company owns interests in the Agbaou mine located in Abidjan, Côte d'Ivoire; Tabakoto mine situated in southwestern Mali; Karma mine located in Burkina Faso covering an area of 856 square kilometers; Ity Carbon-In-Leach project situated in Côte d'Ivoire; Houndé project located in Burkina Faso covering an area of 1,075 square kilometers; and Kalana project covering an area of 387 square kilometers situated in Mali.
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