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 > One step up, two steps down

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Comment by galnakonon Dec 27, 2023 10:08am

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Post# 35801041

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:One step up, two steps down

So tragic. Endeavour is not even rising anymore where gold is up... Like last friday... Wait for the tick down in gold and Endeavour will lose 5% in no time.

On a 2 years scale, gold has actually outperformed Endeavour. So much for the leverage on the upside. But be sure you will have the leverage on the downside.

So disappointing.

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