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ENDEAVOUR MNG PLC - EDVMF STOCK NEWS

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Endeavour Mining Corporation (EDVMF) is a leading intermediate gold producer operating four mines in West Africa. With a strong track record of production, the company focuses on sustainable growth, operational excellence, and responsible mining practices. Endeavour's recent achievement includes the successful delivery of its first gold in just two years, on budget and on schedule. The company's commitment to safety is evident through zero Lost Time Incidents (LTIs) with over 3.5 million man-hours worked. Endeavour Mining is dedicated to delivering shareholder value, as seen in its Shareholder Returns Programme and non-core asset divestment strategy.

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Endeavour Mining plc has reported its Q1-2024 results, showcasing a production of 219koz with an AISC of $1,186/oz. Adjusted EBITDA stood at $213m, down 27% from the previous quarter. Despite a healthy financial position, with $481m in cash and available liquidity, the net debt position was $831m. The BIOX® Expansion achieved its first gold pour, shareholder returns total $917m, and exploration efforts continue to show promise.

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Endeavour Mining plc (LSE:EDV, TSX: EDV, OTCQX: EDVMF) has announced the date and details of its 2024 Annual General Meeting on 30th May 2024. The meeting will be held at One Silk Street, London EC2Y 8HQ and will be accessible via live audio webcast with a Q&A messaging function. Shareholders have been provided with the necessary documents for inspection, and information on voting and proxy appointment is outlined in the Notice of AGM. The Company's AGM will be complied with UK Listing Rule 9.6.1 and will be submitted to the Financial Conduct Authority. For shareholders' convenience, the Notice of AGM and the Management Information Circular are available on the Company's website and will be filed under the Company’s profile at SEDAR at www.sedarplus.ca and the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

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Endeavour Mining plc has achieved its first gold pour from the Sabodala-Massawa BIOX Expansion project in Senegal, marking the successful delivery of the project on budget, on schedule, and with no lost-time injuries after 24 months of construction. Commercial production is expected in late Q2-2024, with a full-year guidance of 1,130-1,270koz at an AISC of $955 – 1,035/oz. Over 3.5 million man hours have been completed with no lost-time injuries, and the largest exploration program at Sabodala-Massawa has a planned spend of $21m in 2024. The company's CEO Ian Cockerill expressed pride in the project's completion, and the company plans to focus on enhancing shareholder returns and de-levering their balance sheet in the second half of the year.

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Endeavour Mining plc announces the purchase of 17,000 of its own ordinary shares from Stifel Nicolaus Europe The company will have no ordinary shares in treasury after the cancellation of the repurchased shares, with 244,954,685 ordinary shares in issue. This move is part of the buy-back program initiated on 20 March 2023.
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Endeavour Mining plc announces the purchase of 29,500 of its ordinary shares from Stifel Nicolaus Europe The company bought its shares at prices ranging from 1,646.00 GBp to 1,675.00 GBp per share. Following the share repurchase, Endeavour will have no treasury shares and 244,971,685 ordinary shares in circulation. These transactions are part of the company's buy-back program initiated in 2023.
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Endeavour Mining plc announces the nomination of John Munro as an Independent Non-Executive Director. The appointment will be voted on at the upcoming AGM on May 30, 2024. Tertius Zongo, another Director, will not seek re-election. John Munro brings over 30 years of mining experience to the Board.
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Endeavour Mining plc announces the purchase of 4,000 ordinary shares from Stifel Nicolaus Europe The Company will have no shares in treasury and 245,001,185 shares in issue after the cancellation. This transaction is part of the Company's buy-back program.
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Endeavour Mining plc announces the purchase of 30,000 of its ordinary shares from Stifel Nicolaus Europe The company will have no shares in treasury and 245,024,124 shares in issue after the cancellation. This transaction is part of the buy-back program initiated in March 2023.
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Endeavour Mining plc to announce Q1-2024 financial results on 2 May 2024
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BlackRock, Inc. notifies Endeavour Mining plc of its increased voting rights to 13.61% through shares and financial instruments. The acquisition or disposal of voting rights occurred on 4 April 2024, with BlackRock holding 29,804,530 direct voting rights.
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FAQ

What is the current stock price of ENDEAVOUR MNG PLC (EDVMF)?

The current stock price of ENDEAVOUR MNG PLC (EDVMF) is $19.86 as of November 22, 2024.

What is the market cap of ENDEAVOUR MNG PLC (EDVMF)?

The market cap of ENDEAVOUR MNG PLC (EDVMF) is approximately 4.9B.

Where is Endeavour Mining Corporation located?

Endeavour Mining Corporation's corporate office is located at 5 Young St, Kensington, London, W8 5EH, UK.

What is Endeavour Mining Corporation's focus?

Endeavour Mining Corporation focuses on sustainable growth, operational excellence, and responsible mining practices.

What recent achievement has Endeavour Mining Corporation made?

Endeavour Mining Corporation successfully delivered its first gold in just two years, on budget and on schedule.

How does Endeavour Mining Corporation prioritize safety?

Endeavour Mining Corporation has achieved zero Lost Time Incidents (LTIs) with over 3.5 million man-hours worked, showcasing its commitment to safety.

What strategy does Endeavour Mining Corporation employ for shareholder value?

Endeavour Mining Corporation focuses on delivering shareholder value through its Shareholder Returns Programme and non-core asset divestment strategy.

What is the core business of Endeavour Mining Corporation?

Endeavour Mining Corporation is a leading intermediate gold producer operating four mines in West Africa.

How does Endeavour Mining Corporation ensure operational excellence?

Endeavour Mining Corporation ensures operational excellence through a strong track record of production and a focus on sustainable growth.

What is Endeavour Mining Corporation's commitment to responsible mining practices?

Endeavour Mining Corporation is committed to responsible mining practices, prioritizing environmental and social considerations.

What sets Endeavour Mining Corporation apart in the mining industry?

Endeavour Mining Corporation stands out in the mining industry for its dedication to safety, operational excellence, and shareholder value.

How can I stay updated on Endeavour Mining Corporation's latest news?

Stay informed about Endeavour Mining Corporation's latest news and developments through official announcements and press releases.

ENDEAVOUR MNG PLC

OTC:EDVMF

EDVMF Rankings

EDVMF Stock Data

4.91B
183.39M
19.09%
59.16%
Gold
Basic Materials
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United States of America
London