Endeavour Mining plc

TSX:EDV Stock Report

Market Cap: CA$19.1b

Endeavour Mining Future Growth

Future criteria checks 5/6

Endeavour Mining is forecast to grow earnings and revenue by 22.8% and 10.2% per annum respectively. EPS is expected to grow by 20.3% per annum. Return on equity is forecast to be 36.5% in 3 years.

Key information

22.8%

Earnings growth rate

20.27%

EPS growth rate

Metals and Mining earnings growth19.3%
Revenue growth rate10.2%
Future return on equity36.47%
Analyst coverage

Good

Last updated01 May 2026

Recent future growth updates

Analysis Article • Nov 16

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

Investors in Endeavour Mining plc ( TSE:EDV ) had a good week, as its shares rose 9.0% to close at CA$60.46 following...

Recent updates

Narrative Update • Apr 23

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.
Narrative Update • Apr 09

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.
Narrative Update • Mar 25

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.
Narrative Update • Mar 10

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.
Narrative Update • Feb 24

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.
Narrative Update • Feb 09

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.
Narrative Update • Jan 24

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.
Narrative Update • Jan 08

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.
Narrative Update • Dec 24

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.
Narrative Update • Dec 09

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.
Narrative Update • Nov 25

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.
Analysis Article • Nov 20

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

Even though Endeavour Mining plc's ( TSE:EDV ) recent earnings release was robust, the market didn't seem to notice...
Analysis Article • Nov 16

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

Investors in Endeavour Mining plc ( TSE:EDV ) had a good week, as its shares rose 9.0% to close at CA$60.46 following...
Narrative Update • Nov 05

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.
Narrative Update • Oct 22

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.
Narrative Update • Oct 08

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.
Narrative Update • Sep 24

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.
Narrative Update • Sep 04

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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New Narrative • Jul 16

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.
Analysis Article • Jun 26

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Earnings and Revenue Growth Forecasts

TSX:EDV - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20286,0991,8752,0162,9709
12/31/20276,3322,0862,3303,30413
12/31/20265,8751,8192,3813,04012
3/31/20264,5418601,3621,907N/A
12/31/20254,2346791,1331,664N/A
9/30/20253,9014929031,436N/A
6/30/20253,6962307811,382N/A
3/31/20253,245-1007651,382N/A
12/31/20242,676-294258943N/A
9/30/20242,315-33418729N/A
6/30/20242,139-180-112589N/A
3/31/20242,106-42-264496N/A
12/31/20232,115-23-116647N/A
9/30/20232,04315532791N/A
6/30/20231,979182220828N/A
3/31/20231,987294398921N/A
12/31/20222,0692215911,017N/A
9/30/20222,2361186461,052N/A
6/30/20222,4271547241,212N/A
3/31/20222,604887711,261N/A
12/31/20212,6422446391,156N/A
9/30/20212,5213977061,175N/A
6/30/20212,2983306791,064N/A
3/31/20211,799160521821N/A
12/31/20201,42495513749N/A
9/30/2020928-109346505N/A
6/30/2020760-196256400N/A
3/31/2020770-150252405N/A
12/31/2019695-183N/A302N/A
9/30/2019846-78N/A313N/A
6/30/2019734-31N/A228N/A
3/31/2019704-26N/A226N/A
12/31/20187520N/A251N/A
9/30/201871571N/A203N/A
6/30/201865441N/A248N/A
3/31/201856552N/A215N/A
12/31/201747127N/A223N/A
9/30/201747211N/A215N/A
6/30/201751541N/A189N/A
3/31/20175276N/A191N/A
12/31/201656623N/A154N/A
9/30/2016531-21N/A121N/A
6/30/2016515-33N/A119N/A
3/31/20165367N/A136N/A
12/31/201552314N/A147N/A
9/30/2015533-247N/A163N/A
6/30/2015556-247N/A158N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EDV's forecast earnings growth (22.8% per year) is above the savings rate (3%).

Earnings vs Market: EDV's earnings (22.8% per year) are forecast to grow faster than the Canadian market (10.8% per year).

High Growth Earnings: EDV's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EDV's revenue (10.2% per year) is forecast to grow faster than the Canadian market (4.9% per year).

High Growth Revenue: EDV's revenue (10.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EDV's Return on Equity is forecast to be high in 3 years time (36.5%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 18:06
End of Day Share Price 2026/05/06 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

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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