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.

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Endeavour Mining plc > Not to mention that we’re not even sure we’ll get paid

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Comment by galnakonon Apr 25, 2024 4:57pm

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Post# 36008066

RE:Not to mention that we’re not even sure we’ll get paid

https://finance.yahoo.com/news/endeavour-accused-misleading-buyer-two-111257417.html

Well we are still paying the price for Montessus misconduct. Another day where peers went up 3.6% and Endeavour is flat. Whatever the time frame, 1day, 5 days, 1 month, 3 month, 1 year, 5 years, Endeavour is underperforming peers. It requires higher and higher gold prices just to keep Endeavour at the same level. When gold goes up and retraces 50%, Endeavour goes up and retraces 100% or even more.

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