Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Endeavour Mining plc (T:EDV)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 5 Young Street
LONDON W8 5EH
Tel: 44-203-0112723
Website: https://www.endeavourmining.com
IR: See website
Key People
Sebastien De Montessus
President, Chief Executive Officer, Executive Director
Martin White
Executive Vice President - Projects
Guy Young
Chief Financial Officer, Executive Vice President
Mark Keith Morcombe
Chief Operating Officer, Executive Vice President
Morgan Carroll
Executive Vice President - Corporate Finance, General Counsel, Secretary
David Dragone
Executive Vice President of Human Resources and Communication
Pascal Bernasconi
Executive Vice President - Public Affairs, Corporate Social Responsibility and Security
Jono Lawrence
Executive Vice President - Exploration
Guenole Pichevin
Executive Vice President - Strategy and Business Development
Djaria Traore
Executive Vice President - Environment, Social and Governance and Supply Chain
   
Business Overview
Endeavour Mining PLC is a gold mining company with operating assets across Senegal, Cote d'Ivoire and Burkina Faso. It has a portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt across West Africa. It operates Hounde, Ity, Mana, and Sabodala-Massawa Mines. The Ity Mine is located approximately 480 kilometers (km) northwest of Abidjan in southern Cote d'Ivoire. The Hounde Mine is located approximately 250 km southwest of Ouagadougou, the capital city of Burkina Faso. Its projects consist of Lafigue Project and Others. The Other projects includes Kalana, Bantou, and the Nabanga Project. The Kalana Project is located approximately 250 km south of Bamako, the capital city of Mali. The Bantou Project is part of the Dynikongolo permit which is located along the Hounde Greenstone Belt that hosts both the Mana and Hounde mines. The Nabanga project is an early-stage project which consists of three exploration permits covering 178.5 square kilometers.
Financial Overview
For the fiscal year ended 31 December 2023, Endeavour Mining PLC revenues increased 2% to $2.11B. Net loss before extraordinary items totaled $22.6M vs. income of $221.4M. Revenues reflect hounde mine segment increase of 15% to $613.6M, Cote D'Ivoire segment increase of 13% to $639.4M, Stripping Ratio % Mana increase of 94% to 3.62%. Net loss reflects Impairment of mining interests and goodw increase from $2.8M to $122.6M (expense).
Employees: 5,686 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $7,816M as of Dec 31, 2023
Annual revenue (TTM): $2,897M as of Dec 31, 2023
EBITDA (TTM): $1,504M as of Dec 31, 2023
Net annual income (TTM): -$30.96M as of Dec 31, 2023
Free cash flow (TTM): -$433.54M as of Dec 31, 2023
Net Debt Last Fiscal Year: $812.84M as of Dec 31, 2023
Shares outstanding: 247,739,889 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization