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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 galnakonon May 24, 2022 2:19pm
217 Views
Post# 34704313

No hope left

No hope left
I lost all hope for EDV to rise. I don't know what the market is expecting. Good report, good guidance, gold price rising, peers rising, nothing seems to help. Gold is 20$ higher than friday and still the stock is down while GDX is up 2.5% since friday. Why? What is the market expecting from EDV? When gold is down 20$, the share price goes down 6%. But when gold is rising 20$, the share price is still in the red. All confidence in the company seems to have been destroyed. Pick up any miner, you'll find a miner outperforming EDV on any time frame.
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