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Endeavour Mining Announces Record Dividend and Strong FY-2024 Results

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Endeavour Mining Announces Record Dividend and Strong FY-2024 Results

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Endeavour Mining ( (TSE:EDV) ) has shared an update.

Endeavour Mining announced its preliminary financial results for FY-2024, highlighting a production of 1.1 million ounces of gold and record shareholder returns. The company reported an increase in production and a decrease in all-in sustaining cost (AISC) in the fourth quarter, along with a strong financial position marked by significant liquidity and reduced leverage. Endeavour has declared a record H2-2024 dividend of $140 million, contributing to total shareholder returns of $277 million for the year. The company aims for continued production growth and enhanced shareholder returns in FY-2025, supported by successful growth projects and exploration achievements.

More about Endeavour Mining

Endeavour Mining is a company focused on the gold mining industry, providing a range of mining and exploration services. The company is engaged in the production of gold, with a significant emphasis on organic growth through exploration and development projects.

YTD Price Performance: 5.38%

Average Trading Volume: 419,142

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$6.81B

See more data about EDV stock on TipRanks’ Stock Analysis page.

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