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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based senior gold producer with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. The Company has a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. It operates mines that include Hounde Mine, Ity Mine, Mana Mine and Sabodala-Massawa Mine. The Hounde Mine is located approximately 250 kilometers (kms) southwest of Ouagadougou, the capital city of Burkina Faso. The Hounde Mine is owned by the Company (90%) and Government of Burkina Faso (10%). It owns approximately 85% of Ity Mine, which is located 480 kms northwest of Abidjan in southern Cote d'Ivoire. The Mana Mine is located approximately 200 kms west of Ouagadougou, the capital of Burkina Faso. The Sabodala-Massawa Mine is approximately 640 kms southeast of Dakar, the capital of Senegal. It owns approximately 80% of the Lafigue project. Its other projects include Kalana, Bantou and Nabanga.


TSX:EDV - Post by User

Bullboard Posts
Post by bustarhymeson Aug 07, 2014 5:04pm
408 Views
Post# 22819820

Interesting close and end of day trades...

Interesting close and end of day trades...
With stock trading at .93 all day, a few trades in the last 30 minutes closed this at 90 cents. After hours show bid at .90 and ask at .93. So, it is quite obvious tha this was a "fixed" close. As I wondered why, I went to check the ASX closing from yesterday and voila !!, I found my answer.
The TSX is still tracking ASX closing price from a day earlier, or shall I say "the tail is still wagging the dog".
Anyways, volume was anemic and I am eagerly looking forward to Q2 release next week. My gut feeling is that it is going to be great and Neil might have a few pleasant surprises for the market.
SMF broke away to the upside with a new 52 week high based on their release and is now valued north of 1.5 billion market cap. EPS was .05 which is good. Let's see what EDV shows. Based on my research and diligence, EDV should have a higher market cap compared to SMF on a fundamental level. Let's see how soon the "analists" catch up to the fundamentals and revise their price targets on EDV.

GLTA.
Bullboard Posts