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Bullboard - Stock Discussion Forum Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining PLC is a gold mining company with operating assets across Senegal, Cote d'Ivoire and Burkina Faso. It has a portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt across West Africa. It operates Hounde, Ity, Mana, and Sabodala-Massawa Mines. The Ity Mine is located approximately 480 kilometers (km) northwest of Abidjan in southern Cote... see more

TSX:EDV - Post Discussion

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Post by galnakon on Feb 15, 2024 12:26pm

Weakness

Another ugly day. Peers are at +2,8% and Edv.to is barely on green. Just a poor 0.2% or 5 cents when speaking. I guess red is coming today again.

Yesterday, the stock was in the red during most of the session while peers were at +1.5%. Endeavour is heavily underperforming.

At what point do you lose confidence? Even at oversold levels, the stock can't move up on green days. The volume is average so there still are plenty of sellers.
Comment by ABDPhil on Feb 15, 2024 2:54pm
I understand your concerns, enriched by the daily variation of the SP. That said, it's your business, and I respect it.   However, my observations present a company which had in 2021 a total of 5 mines in Burkina Faso, where security issues are more important; 1 in Senegal and 1 in Ivory Coast; and around 1400 ounces of gold produced. Now they have 2 mines in Burkina Faso, 1 in ...more  
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