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 |