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Endeavour Mining plcTSX:EDV Stock Report

Market Cap CA$19.3b
Share Price
CA$79.65
CA$98.48
19.1% undervalued intrinsic discount
1Y104.0%
7D-3.9%
Portfolio Value
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Endeavour Mining plc

TSX:EDV Stock Report

Market Cap: CA$19.3b

Endeavour Mining (EDV) Stock Overview

Operates as a gold mining company in West Africa. More details

EDV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends3/6

EDV Community Fair Values

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See what 41 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

Top Community Narratives

If gold reaches $4,000 per ounce

To estimate Endeavour Mining's potential stock price if gold reaches $4,000 per ounce, we can follow these steps: Step 1: Project Revenue at $4,000 Gold Current Production : 1.2 million ounces Projected Revenue : Revenue=Production×Gold Price=1,200,000 oz×4,000 USD/oz=4,800,000,000 USD\text{Revenue} = \text{Production} \times \text{Gold Price} = 1,200,000 \, \text{oz} \times 4,000 \, \text{USD/oz} = 4,800,000,000 \, \text{USD}Revenue=Production×Gold Price=1,200,000oz×4,000USD/oz=4,800,000,000USD Step 2: Estimate Costs Assuming all-in costs remain at approximately $1,400 per ounce: Total Costs=Production×All-in Costs=1,200,000 oz×1,400 USD/oz=1,680,000,000 USD\text{Total Costs} = \text{Production} \times \text{All-in Costs} = 1,200,000 \, \text{oz} \times 1,400 \, \text{USD/oz} = 1,680,000,000 \, \text{USD}Total Costs=Production×All-in Costs=1,200,000oz×1,400USD/oz=1,680,000,000USD Step 3: Calculate Free Cash Flow (FCF) FCF=Revenue−Total Costs=4,800,000,000−1,680,000,000=3,120,000,000 USD\text{FCF} = \text{Revenue} - \text{Total Costs} = 4,800,000,000 - 1,680,000,000 = 3,120,000,000 \, \text{USD}FCF=Revenue−Total Costs=4,800,000,000−1,680,000,000=3,120,000,000USD Step 4: Valuation Based on Free Cash Flow Assuming a conservative multiple of 10x free cash flow for valuation: Market Cap=FCF×Multiple=3,120,000,000×10=31,200,000,000 USD\text{Market Cap} = \text{FCF} \times \text{Multiple} = 3,120,000,000 \times 10 = 31,200,000,000 \, \text{USD}Market Cap=FCF×Multiple=3,120,000,000×10=31,200,000,000USD Step 5: Calculate Stock Price To find the stock price, divide the market cap by the total shares outstanding. Assuming there are approximately 200 million shares outstanding (a rough estimate based on industry standards): Stock Price=Market CapShares Outstanding=31,200,000,000200,000,000=156 USD\text{Stock Price} = \frac{\text{Market Cap}}{\text{Shares Outstanding}} = \frac{31,200,000,000}{200,000,000} = 156 \, \text{USD}Stock Price=Shares OutstandingMarket Cap​=200,000,00031,200,000,000​=156USD Conclusion If gold reaches $4,000 per ounce, Endeavour Mining could potentially see its stock price rise to approximately $156 per share, given the assumptions about costs and production levels.
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CA$156
FV
48.9% undervalued intrinsic discount
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CA$5.07FV 68.0% undervalued intrinsic discount
4849.4%Revenue growth p.a.
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Endeavour Mining plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Endeavour Mining
Historical stock prices
Current Share PriceCA$79.65
52 Week HighCA$98.71
52 Week LowCA$37.61
Beta1.15
1 Month Change-5.68%
3 Month Change3.63%
1 Year Change104.02%
3 Year Change127.31%
5 Year Change198.54%
Change since IPO270.47%

Recent News & Updates

EDV: Index Additions And Record Dividend Will Drive Future Upside

Analysts have lifted the fair value estimate for Endeavour Mining by about CA$3.83 to CA$98.48, reflecting recent price target revisions and updated assumptions on revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research on Endeavour Mining shows a mix of higher and lower price targets, with analysts adjusting their views as new information comes through on valuation, operations and gold price assumptions.

EDV: Mixed Rating Shifts And Gold Price Outlook Will Shape Returns

Endeavour Mining's updated fair value estimate has been trimmed by about CA$0.73 per share as analysts adjust price targets in light of recent mixed target moves and a slightly higher discount rate, while still reflecting solid long term assumptions on revenue growth, profit margins and future P/E levels. Analyst Commentary Recent Street research on Endeavour Mining has been mixed, with a cluster of price target changes and rating updates that give you a useful snapshot of how the stock is being viewed on both the upside and the downside.

EDV: Higher Gold Prices And Index Inclusions Will Support Upside Outlook

Endeavour Mining's analyst fair value estimate has inched up to CA$95.37 from CA$95.31, with analysts pointing to updated views on revenue growth, profit margins and a lower forward P/E as key drivers behind the higher price targets seen across recent research. Analyst Commentary Recent research shows a clear skew toward higher targets on Endeavour Mining, with several firms lifting their views on the shares while largely maintaining positive ratings.

Recent updates

EDV: Index Additions And Record Dividend Will Drive Future Upside

Analysts have lifted the fair value estimate for Endeavour Mining by about CA$3.83 to CA$98.48, reflecting recent price target revisions and updated assumptions on revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research on Endeavour Mining shows a mix of higher and lower price targets, with analysts adjusting their views as new information comes through on valuation, operations and gold price assumptions.

EDV: Mixed Rating Shifts And Gold Price Outlook Will Shape Returns

Endeavour Mining's updated fair value estimate has been trimmed by about CA$0.73 per share as analysts adjust price targets in light of recent mixed target moves and a slightly higher discount rate, while still reflecting solid long term assumptions on revenue growth, profit margins and future P/E levels. Analyst Commentary Recent Street research on Endeavour Mining has been mixed, with a cluster of price target changes and rating updates that give you a useful snapshot of how the stock is being viewed on both the upside and the downside.

EDV: Higher Gold Prices And Index Inclusions Will Support Upside Outlook

Endeavour Mining's analyst fair value estimate has inched up to CA$95.37 from CA$95.31, with analysts pointing to updated views on revenue growth, profit margins and a lower forward P/E as key drivers behind the higher price targets seen across recent research. Analyst Commentary Recent research shows a clear skew toward higher targets on Endeavour Mining, with several firms lifting their views on the shares while largely maintaining positive ratings.

EDV: Higher Gold Prices And Capital Returns Will Support Balanced Outlook

Analysts have nudged their fair value estimate for Endeavour Mining higher to CA$95.31 from CA$94.48, as a series of recent price target increases and rating upgrades have fed into slightly revised assumptions on growth, margins and future P/E. Analyst Commentary Recent Street research on Endeavour Mining has been active, with several large firms revisiting their price targets and ratings.

EDV: Higher Gold Prices And Cost Discipline Will Support Cash Returns

The updated analyst price target for Endeavour Mining has increased to CA$94.48 from CA$92.48, with analysts attributing the change to expectations of stronger revenue growth and adjustments to discount rate, profit margin, and future P/E assumptions. Analyst Commentary Recent research updates show several firms revisiting their price targets and ratings on Endeavour Mining, giving you a snapshot of how professionals are weighing the risk and reward right now.

EDV: Higher Gold Price Outlook Will Support Cash Returns And Production Delivery

Analysts have lifted their fair value estimate for Endeavour Mining from $81.32 to $92.48. They cite updated gold price assumptions and recent price target revisions from several firms as key drivers of the change.

EDV: Higher Gold Price Outlook Will Support Steady Output And Balanced Risk Profile

Endeavour Mining’s analyst fair value estimate has been raised from $77.00 to about $81.32, with analysts pointing to updated assumptions around revenue growth, profit margins and future P/E, along with recent price target changes, such as the higher C$ targets from Canaccord and CIBC and the revised GBp targets from Morgan Stanley and JPMorgan. Analyst Commentary Recent Street research on Endeavour Mining points to a mix of optimism and caution, with price targets adjusted in both directions across C$, GBp and different rating stances.

EDV: Higher Gold Price Outlook Will Support Output Growth And West African Risk

Narrative Update The consolidated analyst price target for Endeavour Mining has edged higher to C$77 and 4,900 GBp, reflecting recent target increases from C$73 and C$70, alongside a small trim from 5,000 GBp as analysts weigh higher long term gold price assumptions against the company’s concentrated West African risk profile. Analyst Commentary Recent research on Endeavour Mining highlights a mix of optimism on its exposure to higher long term gold price assumptions and caution around its concentrated West African footprint and execution risks.

EDV: Elevated Gold Prices Will Support 25% Output Expansion Amid West African Risks

The analyst price target for Endeavour Mining has been raised to C$77 from C$73 as analysts factor in higher long term gold price assumptions, improving profit margins, and a more supportive sector outlook despite ongoing geopolitical risks. Analyst Commentary Recent Street research reflects a broadly constructive stance on Endeavour Mining, with multiple firms lifting their valuation frameworks in response to higher long term gold price assumptions and updated production growth outlooks.

EDV: Elevated Gold Prices Will Support 25% Output Expansion By 2030

The analyst fair value estimate for Endeavour Mining has nudged higher to about $74.69 from roughly $74.53 as analysts factor in a wave of predominantly higher price targets across Canadian dollar and GBp benchmarks, supported by expectations for improving margins and slightly better growth against a higher long term gold price backdrop. Analyst Commentary Analysts remain broadly constructive on Endeavour Mining, with recent target changes reflecting a blend of stronger long term gold price assumptions and company specific growth expectations, offset by persistent geopolitical and execution risks.

EDV: Elevated Gold Prices Will Support 25% Output Expansion Through 2030

Analysts have modestly increased their fair value estimate for Endeavour Mining from $72.40 to $74.53. They cite recent shifts in price targets as well as evolving outlooks on gold prices and sector risks.

Endeavour Mining's (TSE:EDV) Earnings May Just Be The Starting Point

Nov 20
Endeavour Mining's (TSE:EDV) Earnings May Just Be The Starting Point

Endeavour Mining plc Just Beat EPS By 37%: Here's What Analysts Think Will Happen Next

Nov 16
Endeavour Mining plc Just Beat EPS By 37%: Here's What Analysts Think Will Happen Next

EDV: Long-Term Gold Price Uptrend Will Drive 25% Output Expansion

Endeavour Mining's analyst price target has risen from approximately $69.24 to $72.40, as analysts cite increased gold price forecasts and improved profit margins, which are supporting higher valuations. Analyst Commentary Recent street research highlights a mix of optimism and caution toward Endeavour Mining's prospects, as reflected in evolving analyst ratings and revised price targets.

Analysts Upgrade Endeavour Mining Price Target on Improved Outlook and Strong Production Results

Analysts have increased their price target for Endeavour Mining to approximately C$69.24 from C$60.08, citing updated forecasts for commodity prices as well as improved fundamentals in revenue growth and profit margins. Analyst Commentary Recent changes in analyst coverage reflect a generally positive outlook for Endeavour Mining, with several price target upgrades and reaffirmed ratings.

Safe Haven And Underground Expansion Will Unlock West African Upside

Endeavour Mining's analyst price target has been raised significantly, increasing from approximately $54.33 to $60.08. Analysts cite improving valuation metrics and positive outlooks in recent sector research.

Safe Haven And Underground Expansion Will Unlock West African Upside

Analysts have raised their price target for Endeavour Mining to CA$54.33, reflecting optimism around gold price forecasts, robust production growth, operational improvements, and stronger balance sheet expectations, partially offset by concerns over geopolitical risks and higher sustaining CAPEX. Analyst Commentary Bullish analysts cite stronger gold price forecasts as a primary driver for higher price targets.

Safe Haven And Underground Expansion Will Unlock West African Upside

Analysts have raised their price targets for Endeavour Mining due to expectations of higher gold production, improved operational efficiency, and strong balance sheet management amid a supportive gold price outlook, resulting in a modest increase in consensus fair value from CA$52.93 to CA$53.68. Analyst Commentary Bullish analysts are raising price targets on the expectation of increased gold production and operational efficiency improvements.
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Global Gold Demand And Operational Excellence Will Unlock Future Value

Strong gold demand and operational flexibility enhance revenue and margins, while ESG investments may lower capital costs and improve valuation from sustainability-focused investors.

Endeavour Mining (TSE:EDV) Seems To Use Debt Quite Sensibly

Jun 26
Endeavour Mining (TSE:EDV) Seems To Use Debt Quite Sensibly

Calculating The Intrinsic Value Of Endeavour Mining plc (TSE:EDV)

May 06
Calculating The Intrinsic Value Of Endeavour Mining plc (TSE:EDV)

Endeavour Mining plc (TSE:EDV) Held Back By Insufficient Growth Even After Shares Climb 26%

May 06
Endeavour Mining plc (TSE:EDV) Held Back By Insufficient Growth Even After Shares Climb 26%

Shareholder Returns

EDVCA Metals and MiningCA Market
7D-3.9%-6.8%0.1%
1Y104.0%89.1%35.1%

Return vs Industry: EDV exceeded the Canadian Metals and Mining industry which returned 89.1% over the past year.

Return vs Market: EDV exceeded the Canadian Market which returned 35.1% over the past year.

Price Volatility

Is EDV's price volatile compared to industry and market?
EDV volatility
EDV Average Weekly Movement8.5%
Metals and Mining Industry Average Movement12.2%
Market Average Movement10.6%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: EDV has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: EDV's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a5,381Ian Cockerillwww.endeavourmining.com

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. The company also explores gold, copper, and silver. The company’s projects include Houndé, Mana, Ity, Lafigué, Sabodala-Massawa, Kalana, and Assafou mines.

Endeavour Mining plc Fundamentals Summary

How do Endeavour Mining's earnings and revenue compare to its market cap?
EDV fundamental statistics
Market capCA$19.27b
Earnings (TTM)CA$1.17b
Revenue (TTM)CA$6.17b
16.5x
P/E Ratio
3.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EDV income statement (TTM)
RevenueUS$4.54b
Cost of RevenueUS$1.61b
Gross ProfitUS$2.93b
Other ExpensesUS$2.07b
EarningsUS$859.90m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.55
Gross Margin64.46%
Net Profit Margin18.94%
Debt/Equity Ratio17.9%

How did EDV perform over the long term?

See historical performance and comparison

Dividends

2.8%
Current Dividend Yield
41%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 06:59
End of Day Share Price 2026/05/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Endeavour Mining plc is covered by 31 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amos FletcherBarclays
Richard HatchBerenberg
Raj RayBMO Capital Markets Equity Research