Endeavour Mining Stock Price, News & Analysis

Endeavour Mining reports strong Q1-2022 results, producing 357koz of gold at an AISC of $848/oz, a 14% increase in production compared to Q1-2021. Adjusted net earnings rose to $122m, up 21%, while operating cash flow increased by 23% to $299m. The net cash position improved by $90m to $167m. The company continued its shareholder returns program, paying out $70m in dividends and repurchasing $31m in shares. With ongoing expansions and exploration initiatives, Endeavour remains well-positioned to meet its FY-2022 guidance of 1,315-1,400koz.

Endeavour Mining has announced the purchase of 2,900 ordinary shares as part of its buy-back program. The shares, purchased on 29 April 2022 from Stifel Nicolaus Europe Limited, were acquired at a price of 30.65 CAD. Following this transaction, Endeavour will have no ordinary shares in treasury and a total of 248,431,112 ordinary shares in issue, which will be the figure used for voting rights calculations.

This buy-back program was initially announced on 17 March 2022.

Endeavour Mining announced a purchase of 11,000 ordinary shares on 28 April 2022, executed through Stifel Nicolaus Europe Limited, at a uniform price of 31.16 CAD per share. Upon cancellation of these shares, the company will have 248,434,012 shares in issue and no shares in treasury. This buyback forms part of the company's ongoing buy-back program initiated on 17 March 2022. The total number of voting rights will be 248,434,012, which shareholders can use for their interest notifications under FCA regulations.

Endeavour Mining plc announced the purchase of 45,000 ordinary shares at a price of 31.39 CAD each on 27 April 2022, as part of its previously announced buy-back program. Following the cancellation of these shares, Endeavour will have 248,445,012 ordinary shares in issue, impacting total voting rights. The buy-back program aims to enhance shareholder value and is a strategic move in the context of the company's ongoing operations in West Africa.

On April 25, 2022, Endeavour Mining plc received a notification from BlackRock, Inc. regarding their shareholding changes as of April 22, 2022. BlackRock reported holding 12.33% of Endeavour Mining's voting rights, consisting of 11.80% from direct shares and 0.53% from financial instruments. This indicates an increase from previous holdings of 12.08%. The notification includes details on the acquisition of voting rights and the full chain of controlled undertakings under BlackRock, reflecting its ongoing investment strategy in the mining sector.

Endeavour Mining has announced the purchase of 20,000 ordinary shares at a price of 31.28 CAD each on 26 April 2022, as part of its ongoing buy-back program initiated on 17 March 2022. Following the cancellation of these shares, the total number of ordinary shares will be 248,490,012, impacting shareholders' voting rights. This initiative aims to enhance shareholder value and was executed by Stifel Nicolaus Europe Limited.

Endeavour Mining plc (OTCQX: EDVMF) has announced its 2022 Annual General Meeting (AGM) scheduled for May 24, 2022. The AGM will take place at 2 PM London time and will be held in a hybrid format, allowing both in-person and online participation.

Shareholders will receive materials and proxy forms by post. Srinivasan Venkatakrishnan and Ian Cockerill are nominated for election to the Board, while Sofia Bianchi and Dr. Carmen Letton will not seek re-election. A copy of the AGM notice is available on Endeavour's website.

Endeavour Mining announced the purchase of 35,000 ordinary shares at a price of 33.55 CAD each on 21 April 2022 through Stifel Nicolaus Europe Limited. This transaction is part of Endeavour's share buy-back program initiated on 17 March 2022. Following the cancellation of these shares, the company will have 248,524,212 ordinary shares in circulation, which will serve as the basis for voting rights calculations as required by the FCA's Disclosure Guidance and Transparency Rules.

Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) will announce its Q1-2022 financial results on 5 May 2022, prior to the London Stock Exchange market opening. Management will conduct a conference call and webcast on the same day at 8:30 am ET / 1:30 pm GMT to discuss the results. Analysts and investors can join the call using the provided dial-in numbers. The conference call will also be available for playback on Endeavour's website.