Endeavour Mining plc

TSX:EDV Stock Report

Market Cap: CA$11.0b

Endeavour Mining Valuation

Is EDV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EDV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CA$90.10
Fair Value
49.6% undervalued intrinsic discount
12
Number of Analysts

Below Fair Value: EDV (CA$45.43) is trading below our estimate of fair value (CA$90.1)

Significantly Below Fair Value: EDV is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EDV?

Key metric: As EDV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EDV. This is calculated by dividing EDV's market cap by their current earnings.
What is EDV's PE Ratio?
PE Ratio34.7x
EarningsUS$229.90m
Market CapUS$7.98b

Price to Earnings Ratio vs Peers

How does EDV's PE Ratio compare to its peers?

The above table shows the PE ratio for EDV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.8x
OR OR Royalties
72.9x9.99%CA$7.9b
AGI Alamos Gold
31.9x18.96%CA$15.2b
EQX Equinox Gold
15.9x59.58%CA$6.7b
LUG Lundin Gold
22.5x3.69%CA$19.0b
EDV Endeavour Mining
34.7x25.97%CA$11.0b

Price-To-Earnings vs Peers: EDV is good value based on its Price-To-Earnings Ratio (34.7x) compared to the peer average (35.8x).

Price to Earnings Ratio vs Industry

How does EDV's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

27 CompaniesPrice / EarningsEstimated GrowthMarket Cap
THX Thor Explorations
3.4x-16.51%US$382.04m
DC.A Dundee
3.7xn/aUS$202.67m
LUC Lucara Diamond
1.4xn/aUS$72.76m
GRSL GR Silver Mining
2.8xn/aUS$47.13m
EDV 34.7xIndustry Avg. 17.3xNo. of Companies27PE01632486480+
27 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EDV is expensive based on its Price-To-Earnings Ratio (34.7x) compared to the Canadian Metals and Mining industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is EDV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EDV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.7x
Fair PE Ratio24x

Price-To-Earnings vs Fair Ratio: EDV is expensive based on its Price-To-Earnings Ratio (34.7x) compared to the estimated Fair Price-To-Earnings Ratio (24x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EDV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$45.43
CA$52.43
+15.42%
11.74%CA$63.00CA$37.50n/a12
Aug ’26CA$42.21
CA$52.27
+23.83%
11.85%CA$63.00CA$37.50n/a12
Jul ’26CA$41.99
CA$47.97
+14.23%
13.57%CA$61.00CA$37.50n/a12
Jun ’26CA$42.07
CA$47.51
+12.93%
11.48%CA$61.00CA$41.00n/a12
May ’26CA$38.00
CA$46.83
+23.25%
12.32%CA$61.00CA$37.00n/a12
Apr ’26CA$34.49
CA$42.14
+22.19%
11.81%CA$50.00CA$34.00n/a12
Mar ’26CA$28.67
CA$40.88
+42.57%
10.50%CA$49.00CA$34.00n/a12
Feb ’26CA$29.89
CA$42.02
+40.58%
9.09%CA$49.00CA$36.70n/a11
Jan ’26CA$26.05
CA$43.47
+66.88%
9.77%CA$52.00CA$36.70n/a11
Dec ’25CA$27.87
CA$43.84
+57.29%
8.74%CA$52.00CA$39.70n/a11
Nov ’25CA$31.04
CA$43.69
+40.76%
13.20%CA$56.00CA$36.00n/a11
Oct ’25CA$32.42
CA$42.80
+32.03%
11.84%CA$53.00CA$37.10n/a11
Sep ’25CA$28.41
CA$41.11
+44.72%
14.32%CA$53.00CA$32.50n/a11
Aug ’25CA$29.32
CA$42.30
+44.25%
14.22%CA$53.00CA$32.50CA$42.2111
Jul ’25CA$28.90
CA$40.13
+38.85%
13.91%CA$51.00CA$32.40CA$41.9911
Jun ’25CA$29.59
CA$39.75
+34.35%
14.01%CA$51.00CA$31.30CA$42.0711
May ’25CA$28.91
CA$38.81
+34.24%
12.01%CA$51.00CA$31.90CA$38.0011
Apr ’25CA$28.49
CA$36.11
+26.74%
12.24%CA$45.00CA$29.00CA$34.4911
Mar ’25CA$23.63
CA$35.55
+50.43%
12.55%CA$45.00CA$29.00CA$28.6711
Feb ’25CA$23.90
CA$37.45
+56.69%
10.35%CA$45.00CA$31.00CA$29.8910
Jan ’25CA$29.77
CA$40.28
+35.30%
8.53%CA$46.50CA$34.30CA$26.0510
Dec ’24CA$32.03
CA$40.02
+24.95%
9.23%CA$46.50CA$32.70CA$27.8710
Nov ’24CA$28.38
CA$40.05
+41.10%
9.79%CA$47.00CA$31.50CA$31.0411
Oct ’24CA$26.62
CA$42.29
+58.87%
11.73%CA$53.50CA$32.00CA$32.4212
Sep ’24CA$27.82
CA$41.88
+50.56%
11.72%CA$53.50CA$33.00CA$28.4113
Aug ’24CA$31.23
CA$42.35
+35.59%
11.22%CA$54.00CA$34.00CA$29.3213
AnalystConsensusTarget
Consensus Narrative from 12 Analysts
CA$52.43
Fair Value
13.4% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/11 12:14
End of Day Share Price 2025/08/08 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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 38 analysts. 12 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
Brian QuastBMO Capital Markets Equity Research