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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 Aug 04, 2021 11:40am
287 Views
Post# 33648322

Awesome results...

Awesome results......leading to a nice advance today, relative to its peers.

I expect more of the same for Q3 (with the added bonus of a "debt free" sub head line)

Q4 /y/e results, with an annual run rate of > 1.6 M oz (and the YoY increase in oz, revenues, cash flow, etc.) will really cause the markets to take notice of their progress.

I have not seen any issues with their execution in the past 5 years.

Catching up to Agnico Eagle in oz !

MM

PS: hopefully  more analysts will begin coverage, and excite the retail community in advance of y/e results.  PoG, as always, could be a significant tailwind or a headwind.
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