Endeavour Mining (TSX:EDV) - Expanding Margins and Quality Growth
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- Опубліковано 12 лис 2024
- Interview with Sébastian de Montessus, President & CEO of Endeavour Mining
Our previous interview: www.cruxinvest...
Recording date: 4th December 2023
West African Gold Outperformer Boasts Production Growth and Income
Endeavour Mining represents a compelling gold mining investment to capture share price upside tied to rising production profiles and higher gold prices. The West Africa-focused producer maintains low costs, funds growth organically, and sustains sector-leading shareholder payouts. These attributes differentiate Endeavour from struggling peers and position its stock to outperform.
Anchored by 4 cornerstone assets in Senegal, Burkina Faso and Côte d’Ivoire, the miner guides towards lifting gold production from over 1.1 million ounces in 2023 to 1.3-1.4 million by YE/24. The driver comes from 2 expansion projects tracking on time and on budget for completion in mid-2024. Exploration success also bolsters longer-term growth hopes, like at the major 4.5-million-ounce Tanda-Iguela discovery that could emerge as Endeavour’s next core-producing mine.
Sub-$950 all-in sustaining costs make Endeavour one of the lowest-cost gold miners, affording strong cash flow generation even if gold prices moderate. But with prices forecast higher in 2024, margins look poised to expand markedly. Endeavour stands unique for returning over 50% of cash flow back to shareholders, underpinning an approximate 5% dividend yield.
CEO Sébastien de Montessus brings immense industry experience and credibility to bear in allocating capital judiciously towards generating optimal risk-adjusted returns, not just higher volumes. This manifests in a focused regional strategy and selectivity on acquisitions. When competitors stumble operationally, Endeavour’s reliable delivery and West Africa expertise inspires confidence.
Exposure warrants consideration while valuations substantially lag peers. Endeavour offers investors growth, income and upside potential as gold equities re-rate.
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View Endeavour Mining's company profile: www.cruxinvest...
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Keep up the good work Sebastian!! Thanks for checking back in with these guys Matthew!!
Are you sure about his good work after being fired for serious misconduct?
Nope!! Sold it!@@NN-lx4mb
Share price is looking very attractive right now 🎉
Wallpaper the same colour as James Sykes shirt? WTF - some regal fashion trend I was not aware of.......?
This is one of the stocks to own to survive WW3, as firstly Africa is neutral, gold is the premier self haven asset and it pays a good dividend 😂
Looks sneaky AF
heard he just got fired for serious misconduct
otp.tools.investis.com/clients/us/endeavour_mining/rns/regulatory-story.aspx?cid=2618&newsid=1746216