Endeavour Mining (TSE:EDV) Announces Earnings Results

Endeavour Mining (TSE:EDV) posted its quarterly earnings data on Thursday. The company reported C$2.13 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$1.88 billion during the quarter. Endeavour Mining had a net margin of 15.99% and a return on equity of 22.85%.

Endeavour Mining Price Performance

EDV stock opened at C$79.65 on Friday. The company has a 50 day simple moving average of C$84.55 and a 200 day simple moving average of C$74.23. The stock has a market cap of C$19.24 billion, a price-to-earnings ratio of 29.07 and a beta of 1.54. Endeavour Mining has a 1 year low of C$37.61 and a 1 year high of C$98.71.

Analysts Set New Price Targets

A number of analysts have issued reports on EDV shares. National Bank Financial boosted their price objective on shares of Endeavour Mining from C$113.00 to C$115.00 and gave the company an “outperform” rating in a report on Monday, April 27th. TD boosted their price objective on shares of Endeavour Mining from C$94.00 to C$105.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Jefferies Financial Group boosted their price objective on shares of Endeavour Mining from C$81.00 to C$92.00 in a report on Monday, January 19th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$99.25.

About Endeavour Mining

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.