The eleven rating agencies that cover Endeavour Mining plc (TSE: EDV) have given the company’s shares an average rating of “Moderate Buy,” according to Bloomberg Ratings. The agencies rated the company’s shares as “Moderate Buy.” There have been eight instances in which research analysts have suggested purchasing the company’s shares, but only one has given the stock a buy rating. The average 1-year price objective for the stock, as provided by brokerages that have updated their stock coverage over the past year, is currently set at C$870.89 per share. Recently, several analysts were allowed to provide their perspectives on EDV stock. Shares of Endeavour Mining were assigned a “buy” rating by Berenberg Bank in a research report released on Thursday, July 7th. In addition, the bank set a price objective for the stock of Canadians at $3,000.00 per share.
On Thursday, August 4th, the “buy” rating that Barclays had previously issued for Endeavor Mining shares was again published. The price of one share of EDV’s stock was 26.93 Canadian dollars when the market opened on Monday. The company has a market capitalization of 6.65 billion Canadian dollars and a price-to-earnings ratio of 39.03. Together, these numbers represent its price-to-earnings ratio. The 52-week low for Endeavour Mining was $23.70, while the 52-week high for the company was $35.94. The prices listed above are in Canadian dollars for both options. The company’s share price has been at C$26.02 for the past 50 trading days, while it has been at C$29.19 for the preceding 200 trading days. The company’s debt to its equity is 20.93, its quick ratio is 1.18, and its current ratio is 1.55. On August 3rd, Endeavour Mining (TSE: EDV) made the most recent information regarding its most recent quarterly results public. These data were released earlier this month. The company’s quarterly earnings per share (EPS) were announced to be $0.57, which was $0.08 more than the projections provided by industry analysts, which were $0.49.
The actual revenue the company brought in for the quarter was C$803.60 million, which is a substantial amount greater than the earnings forecast that the analysts came up with for the company, which was C$706.25 million. Research professionals predict that Endeavour Mining will have earnings per share for the current fiscal year equal to or more than 1.42999999. This number was arrived at by applying a formula to the company’s historical data. In addition, the business has just released a statement on a semi-annual dividend that will be paid out on September 28th. The announcement was made just recently. If a shareholder’s shares were recorded on September 2nd, they would be eligible to receive a dividend payment of $0.512 per share if the company declared one. The dividend yield comes out to be 1.54 percent when taken into account. On September 1st, shareholders will no longer be eligible to receive a dividend payment. This represents a considerable increase compared to the previous semi-annual dividend payment of $0.35 that Endeavour Mining made.
At the moment, an amount equal to 81.16 percent of earnings is paid out to shareholders of Endeavour Mining. Mining for gold is the principal focus of Endeavour Mining plc and its subsidiaries activities in West Africa. The firm owns 85% of the Houndé, Mana, Boungou, and Wahgnion mines located in Burkina Faso; the Sabodala-Massawa mine is located in Senegal; the Houndé, Mana, Boungou, and Wahgnion mines are located in Burkina Faso; the Ity mine is located in Côte d’Ivoire; and the Fetekro, Kalana, Bant