Endeavour Mining Corp (EDV) to Post FY2017 Earnings of $0.48 Per Share, Clarus Securities Forecasts

Endeavour Mining Corp (TSE:EDV) – Analysts at Clarus Securities upped their FY2017 earnings estimates for shares of Endeavour Mining in a research report issued to clients and investors on Thursday. Clarus Securities analyst N. Sangmuah now expects that the company will post earnings per share of $0.48 for the year, up from their prior estimate of $0.46.

Several other brokerages have also issued reports on EDV. Canaccord Genuity boosted their price target on shares of Endeavour Mining from C$37.00 to C$39.00 in a report on Friday, January 19th. Scotiabank reissued an “outperform” rating and issued a C$33.00 price target on shares of Endeavour Mining in a report on Friday, November 3rd.

Shares of Endeavour Mining (EDV) opened at C$22.44 on Friday. The company has a market cap of $2,440.00, a price-to-earnings ratio of -19.86 and a beta of -1.26. Endeavour Mining has a 1 year low of C$19.77 and a 1 year high of C$28.81.

Endeavour Mining (TSE:EDV) last issued its earnings results on Thursday, November 9th. The company reported C($0.13) EPS for the quarter. Endeavour Mining had a negative net margin of 19.12% and a negative return on equity of 11.08%.

In other news, insider Morgan Denis Carroll purchased 4,625 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of C$21.41 per share, with a total value of C$99,021.25.

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Endeavour Mining 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.

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