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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based multi-asset gold producer focused in West Africa. The Company has five operating assets consisting of the Hounde and Mana mines in Burkina Faso, the Ity and Lafigue mines in Cote d’Ivoire, and the Sabodala-Massawa mine in Senegal, two greenfield development projects (Assafou and Kalana) in Cote d’Ivoire and Mali and a portfolio of exploration assets on the highly prospective Birimian Greenstone Belt across Burkina Faso, Cote d’Ivoire, Senegal, and Guinea. The Hounde mine is located in the northern part of the highly prospective Hounde Greenstone Belt, approximately 60 kilometers (km) south of the Mana mine. The Ity mine is located in western Cote d'Ivoire, 480 km west-northwest from Abidjan, in the prefecture of Zouan-Hounien. 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.


TSX:EDV - Post by User

Comment by trikenon Mar 10, 2022 1:47pm
184 Views
Post# 34503760

RE:RE:Awful stock performance

RE:RE:Awful stock performanceThere is a big difference between the performance of the company and the share price, no I am not a company or IR apologist. On just about every parameter the company has excelled. If it was located in a tier 1 location the SP would probably be double. Boko Haram activity in W. Africa is increasing, even in Ghana. Kinross is not exactly a parallel but has been punished in the past for it's Russian projects ...and so here we are today.

I have previously recommended a wider geographical spread, plenty of under-valued miners e.g. MOZ (Canada), KRR (Australia) and GCM (Columbia and Guyana). I have lightened up recently because of political concerns and I was here before EDV (Etruscan and Endeavour Financial).
Great company, but......
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