Endeavour Mining plc Earnings Forecasted by Research Analysts for FY2022 (TSE:EDV)

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The mining conglomerate under Endeavour Mining plc has its headquarters in Canada (TSE: EDV). On Wednesday, February 1, the stock analysts working for Edison Investment Research released a research note in which they discussed their projections for Endeavour Mining’s earnings per share (EPS) for the fiscal year 2022.

This note was made available to the general public.

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Batho, an analyst at Edison Investment Research, made projections that the company will earn $1.38 per share in 2018, and he believes these projections will come true.

Most financial analysts agree that Endeavour Mining’s current full-year earnings will amount to $1.07 per share, and this prediction has gained widespread acceptance.

In addition, Edison Investment Research anticipated that Endeavour Mining would earn $0.28 per share in the fourth quarter of 2022, $0.47 per share in the first quarter of 2023, $0.38 per share in the second quarter of 2023, $0.67 per share in the fourth quarter of 2023, $2.01 per share in the full year, and $2.56 per share in the full year of 2024.

On November 10, the most recent quarterly earnings report for Endeavour Mining (TSE: EDV) was made available to the general public.

Earnings for the quarter came in at 0.20 Canadian dollars per share, a significant drop from the industry analysts’ consensus estimate of 0.37 Canadian dollars per share.

The company’s sales for the quarter came in at $740.62 million, which is lower than the forecasts of $745.61 million provided by industry professionals.
The first transaction of TSE: EDV shares occurred on Friday for C$31.68.In Canadian dollars, the moving average prices for the company over the past fifty days are $29.99, while the moving average prices over the past two hundred days are $27.12 each.

The 52-week low for Endeavour Mining was $22.77, while the 52-week high for the company was $35.44.

The prices listed here are in Canadian dollars for both options.

A market value of 7.79 billion Canadian dollars and a price-to-earnings ratio of 85.62 have been assigned to the share of stock.

The debt-to-equity ratio, the current ratio, and the quick ratio all equal 0.99, while the current ratio stands at 1.43, and the quick ratio is 20.13.
A research note published by Barclays on November 22 reaffirmed the investment bank’s “buy” rating on shares of Endeavour Mining.

This was a separate development from what was previously mentioned. Only one member of the investment community has suggested that shareholders keep the same amount of stock in their portfolios that they already have.

In contrast, eight have suggested that investors buy shares.

According to Bloomberg, the current consensus rating for Endeavour Mining is “Moderate Buy,” and the current consensus price target for the company is C$1,457.00.

Moreover, the current consensus rating for the company is “Buy.”

On November 11, Senior Officer Henri De Joux sold 100,000 shares of the company’s stock.

The transaction took place on Friday.

This information was included in a separate piece of news. With a total value of $2,711,000.00 being transacted in stock sales, the price per share came in at 27.11 Canadian dollars, which resulted in a total value of $2,711,000.00.

As a result of the transaction, the company insider now owns 120,471 shares of the corporation, which have a combined value of $3,265,968.81 in Canadian currency. On November 11, Senior Officer Henri De Joux sold 100,000 shares of the company’s stock.

The transaction took place on Friday.

This information was included in a separate piece of news.

The price of one share was 27.11 Canadian dollars, and a total of $2,711,000.00 was traded in the stock over the day.

As a result of the transaction, the company insider now owns 120,471 shares of the corporation, which have a combined value of $3,265,968.81 in Canadian currency. On November 11, Sébastien De Montessus, also a director of the company, sold 150,000 shares of the company’s stock.

The transaction took place on Friday. When the buyers made their purchase, they paid $4,066,500.00 in cash.

They agreed that the price for each share was C$27.11, and they paid this price in full.

The director now directly owns 159,311 shares of the company as a direct result of the transaction, which together has an approximate value of $4,318,921.21 in Canadian dollars.

The business made an announcement not too long ago concerning a semi-annual dividend scheduled to be paid out on March 28. Shareholders who were still registered as holding their shares as of March 28 will be eligible to receive a $0.557 dividend payment per share.

Because of this, the dividend yield generated is 1.31 percent. February 23, which is a Thursday, is the day that will no longer count toward the accrual of dividends from that point forward. Given that the previous semi-annual dividend paid by Endeavour Mining was $0.51, we can safely assume that this represents an increase.

The amount of money paid out in dividends by Endeavour Mining is 183.78% of its earnings.

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