Endeavour Mining (EDV)

Sector:

Mining

Index:

FTSE 250

1,693.00p
   
  • Change Today:
    -30.00p
  • 52 Week High: 2,180.00
  • 52 Week Low: 1,250.00
  • Currency: UK Pounds
  • Shares Issued: 244.91m
  • Volume: 219,574
  • Market Cap: £4,146.38m
  • RiskGrade: 28

Endeavour expects first gold from Sabodala-Massawa in May

By Benjamin Chiou

Date: Tuesday 27 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Mining group Endeavour has announced that wet commissioning activities are now underway at the Sabodala-Massawa Expansion project in Senegal, with first gold expected in early May.
The company said that the expansion, known as BIOX Expansion, is on budget with construction now 91% complete, including more than 3m man-hours and no lost time to injuries. Construction activities at the asset began in April 2022.

The Sabodala-Massawa project, which Endeavour expects will "become a true top-tier asset", is expected to produce between 360,000 and 400,000 ounces at an all-in sustaining cost of $750-850 per ounce. Costs are expected to improve further in the coming years.

"We are extremely pleased with our progress as we start wet commissioning at the BIOX® Expansion project," said Endeavour chief executive Ian Cockerill.

"Importantly, we have achieved this milestone with no lost-time injuries having worked more than three million man hours, which is a testament to the strong safety culture that is a hallmark of our in-house construction teams."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

EDV Market Data

Currency UK Pounds
Share Price 1,693.00p
Change Today -30.00p
% Change -1.74 %
52 Week High 2,180.00
52 Week Low 1,250.00
Volume 219,574
Shares Issued 244.91m
Market Cap £4,146.38m
RiskGrade 28

EDV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.74% above the market average92.74% above the market average92.74% above the market average92.74% above the market average92.74% above the market average
91.04% above the sector average91.04% above the sector average91.04% above the sector average91.04% above the sector average91.04% above the sector average
Price Trend
20% below the market average20% below the market average20% below the market average20% below the market average20% below the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average
Income
70.03% above the market average70.03% above the market average70.03% above the market average70.03% above the market average70.03% above the market average
47.83% above the sector average47.83% above the sector average47.83% above the sector average47.83% above the sector average47.83% above the sector average
Growth
81.46% below the market average81.46% below the market average81.46% below the market average81.46% below the market average81.46% below the market average
73.77% below the sector average73.77% below the sector average73.77% below the sector average73.77% below the sector average73.77% below the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 2
Sell 0
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

EDV Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 22-Feb-24 31-Aug-23
Paid 25-Mar-24 26-Sep-23
Amount 41.00¢ 40.00¢

Trades for 13-May-2024

Time Volume / Share Price
16:47 3,380 @ 1,704.45p
16:35 63,919 @ 1,693.00p
16:35 12 @ 1,693.00p
16:35 196 @ 1,693.00p
16:35 196 @ 1,693.00p

EDV Key Personnel

Chair Srinivasan Venkatakrishnan
CEO Ian Cockerill

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