Endeavour Mining plc T.EDV

More Comparisons

[RONNIE111]

Continuing with my comparisons of Endeavor with other, at least somewhat similiar, gold companies ...

Yamana Gold was in Kitco News today so let's compare with EDV.  And understand these are very rough comparisons , and only take into account a few of the factors that determine a companies value.

So :
- Yamana says it will produce 1 m oz / yr for the next few years, ( and a little silver) ; EDV says 1.5 m   (which I think could increase easily and fairly quickly to 2 m if they decided that's what they wanted)  or EDV 50 % plus on production

- Yamana says about $1,000 AISC ; EDV about $900 or minus 10% on costs

- Mine life and quality of mines would be somewhat of a tossup.  

- Prospects.  Yamana has some stuff in South America for the future, but I didn't look at it: EDV has enough ready to go, soon ready to go, and future possibles to last many years.  But without looking more closely at Yamana's stuff, none of which seem soon, can't really declare a winner here. 

- Debt    I always find it somewhat confusing how companies report it, or try to hide it it sometimes seems .    Yamana doesn't seem to have a debt problem.  EDV doesn't have any debt, or soon to be gone debt.  

- Market Cap   Yamana $6.25 bil; EDV $4.32 bil - both $C.  So Yamana plus 45%

Conclusion: EDV plus 50% production, EDV minus 10% costs, for arguments sake a draw on debt ,  prospects, or mine quality;  but Yamana plus 45% on market cap.

I totally agree with the poster who said a doubling of share price for EDV is in order.

[mercedesman]

Good anaysis Ronnie.  Thx Ya makes me want to sell my Yamana and buy more Endeavour (which I already have alot more of). To be fair, the market may still be applying a bit more geographical risk to West Africa, versus South America. Personally I think it is unwarranted or perhaps a little overdone.   However, I do think it's wise to maintain some country diversificaiton in

[theCurse]

Increasing divergance since the merger was announce.  shrugged off great results and a dividend.  I am astounded by this. Say what you want but i think there is something fundamental about this merger that is not liked but some.  whether it's the share ratio or what - i don't know.  just hit the $25's EDV vs GDX https://schrts.co/mvrJdwZA and EDV vs GDXJ https:/

[yourstruly00]

https://ca.finance.yahoo.com/news/endeavour-shareholders-vote-overwhelmingly-favour-163000337.html