Endeavour Mining Corp (TSE:EDV) – Analysts at Clarus Securities cut their FY2019 earnings per share estimates for shares of Endeavour Mining in a research note issued on Thursday, May 2nd, Zacks Investment Research reports. Clarus Securities analyst N. Sangmuah now anticipates that the company will post earnings of $1.01 per share for the year, down from their prior estimate of $1.14. Clarus Securities also issued estimates for Endeavour Mining’s FY2020 earnings at $2.75 EPS.
Endeavour Mining (TSE:EDV) last released its quarterly earnings data on Tuesday, March 5th. The company reported C$0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.32 by C($0.12). The firm had revenue of C$274.64 million during the quarter, compared to analysts’ expectations of C$234.45 million.
Shares of EDV traded up C$0.23 during trading hours on Monday, hitting C$19.47. The company had a trading volume of 93,416 shares, compared to its average volume of 202,951. The company has a market cap of $2.12 billion and a P/E ratio of -12.21. The company has a current ratio of 1.15, a quick ratio of 0.59 and a debt-to-equity ratio of 75.18. Endeavour Mining has a 52-week low of C$16.34 and a 52-week high of C$24.65.
About Endeavour Mining
Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. Its flagship properties are the Houndé mine located in Burkina Faso and the Ity CIL project situated in Côte d'Ivoire. As of December 31, 2018, the company had proved and probable reserves of 8.0 million ounces, as well as measured and indicated resources of 13.9 million ounces of gold.
Further Reading: What is Forex?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Endeavour Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavour Mining and related companies with MarketBeat.com's FREE daily email newsletter.