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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: 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 three months ended 31 March 2024, Endeavour Mining PLC revenues decreased 2% to $472.7M. Net loss before extraordinary items increased from $1.9M to $20.2M. Revenues reflect Sabodala Massawa Mine segment decrease of 18% to $101.7M, hounde mine segment decrease of 2% to $91.6M, Burkina Faso segment decrease of 32% to $282.3M. Higher net loss reflects Amortization of deferred facility fees increase of 33% to $800K (expense).
Employees: 5,686 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $7,750M as of Mar 31, 2024
Annual revenue (TTM): $2,879M as of Mar 31, 2024
EBITDA (TTM): $1,428M as of Mar 31, 2024
Net annual income (TTM): -$55.91M as of Mar 31, 2024
Free cash flow (TTM): -$609.86M as of Mar 31, 2024
Net Debt Last Fiscal Year: $1,219M as of Mar 31, 2024
Shares outstanding: 244,926,746 as of Apr 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization