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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

Post by mercedesmanon Apr 15, 2021 11:22am
291 Views
Post# 33000534

Technicals

TechnicalsI'm no technical analyst ...


...but it sure looks like, on the one year chart, that EDV has broken above the down channel that it has been in since mid Sept 2020....

...I wish the same could be said of gold itself, but I don't think we are quite there yet.

Perhaps just a recognition that EDV has it's act together and will now start to out-perform its peers.  Aided by a LSE listing, synergies, dividends, a lack of previously feared merger indigestion, etc.


MM
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