Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 5 Young Street LONDON W8 5EH |
Tel: | N/A |
Website: | https://www.endeavourmining.com |
IR: | See website |
Key People | ||
Ian David Cockerill 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 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. |
Financial Overview |
For the nine months ended 30 September 2024, Endeavour Mining PLC revenues increased 13% to $1.74B. Net loss before extraordinary items totaled $174.8M vs. income of $137.1M. Revenues reflect Itly Mine segment increase of 28% to $623.5M, Cote D'Ivoire segment increase of 28% to $623.5M, Stripping Ratio -% Houndé increase of 22% to 9.96%. Net loss reflects Unrealised fair value gain on NSRs and d decrease from $200K (income) to $12.9M (expense). |
Employees: | 4,820 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $7,486M as of Sep 30, 2024 |
Annual revenue (TTM): | $3,251M as of Sep 30, 2024 |
EBITDA (TTM): | $1,550M as of Sep 30, 2024 |
Net annual income (TTM): | -$469.77M as of Sep 30, 2024 |
Free cash flow (TTM): | -$174.43M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | $1,274M as of Sep 30, 2024 |
Shares outstanding: | 244,238,321 as of Nov 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |