Endeavour Mining plc T.EDV

Alternate Symbol(s): EDVMF

Metals & Mining Gold

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

Endeavour Mining plc

Bullboard Posts

Comment by sagietjeon May 16, 2018 5:07am

173 Views

Post# 28037238

RE:RE:Green on a red day for Gold

kkkrrr wrote:
but one thing to consider ... 1.7 billion USD assets at the balance sheet ,700 million $ debt .... EDV has great projects and good future cashflow but i think the stock is not very undervalued ....

How do you get to 700 million debt?
From the press release it states :

Net Debt of $336m at quarter-end, up from $232m at year-end due to Ity CIL construction

Bullboard Posts

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