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Endeavour Mining Corporation (T:EDV)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 5 Young Street
Tel: 44-203-0112719
IR: See website
Key People
Sebastien de Montessus
President, Chief Executive Officer, Executive Director
Louis Irvine
Chief Financial Officer, Executive Vice President
Mark Keith Morcombe
Chief Operating Officer
Morgan Carroll
Executive Vice President - Corporate Finance, General Counsel, Secretary
Pascal Bernasconi
Executive Vice President - Public Affairs, Corporate Social Responsibility, and Security
Patrick Bouisset
Executive Vice President - Exploration and Growth
Henri De La Folie de Joux
Executive Vice President - People and Public Affairs
Business Overview
Endeavour Mining Corporation (Endeavour) is an intermediate gold producer. The Company is a gold mining company that operates four mines in Cote d'Ivoire (Agbaou and Ity), Burkina Faso (Karma) and Ghana (Nzema), along with project development and exploration assets. The Company's segments include Agbaou Mine Cote d'Ivoire, Nzema Mine Ghana, Ity Mine Cote d'Ivoire, Karma Mine Burkina Faso, Exploration and Non-Mining. Its portfolio includes over 40 exploration licenses covering approximately 7,190 square kilometers with over 200 identified targets. The Company also holds interest in the Hounde project, which is located 250 kilometers southwest of Ouagadougou, the capital city of Burkina Faso. The Hounde project is an open pit mine.
Financial Overview
For the nine months ended 30 September 2019, Endeavour Mining Corp revenues increased 17% to $638M. Net loss before extraordinary items totaled $46.2M vs. income of $39.1M. Revenues reflect Itly Mine-Cote D'Ivoire segment increase from $24.6M to $130.5M, hounde mine burkina faso-Burkina Faso segment increase from $70.3M to $175M, Stripping Ratio -% Houndé increase from 6.23 to 14.67%.
Employees: 4,394 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,440M as of Sep 30, 2019
Annual revenue (TTM): $1,105M as of Sep 30, 2019
EBITDA (TTM): $408.84M as of Sep 30, 2019
Net annual income (TTM): -$99.75M as of Sep 30, 2019
Free cash flow (TTM): $25.60M as of Sep 30, 2019
Net Debt Last Fiscal Year: $803.57M as of Sep 30, 2019
Shares outstanding: 109,927,097 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization