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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 theCurseon Nov 11, 2022 12:45am
297 Views
Post# 35090516

RE:Slow and Steady ...

RE:Slow and Steady ...
Their dividends have been great (unfortunately not eligible dividends for Canadians) as well as buy backs.  I begged for dividends for years - no other reason to own a gold miner of size if you really think about it.  You can't just use all the profits to find and dig new holes without giving profits back to shareholders.  so that's been great.

And a great history of meeting or exceeding guidance.  Just discounted for being in Africa but they have seem to manage that well and been community conscious and decent employers.

And agree - nice move in gold but it's full reversal may not be here just yet.

tC
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