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Endeavour Mining plc (T:EDV)

Business Focus: Gold (NEC)

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