Endeavour Mining (EDV) AI Stock Analysis

• Market Cap: C$12.89B
• Dividend Yield: 2.61%
• Average Volume (3M): 833.36K
• Price to Earnings (P/E): 39.5
• Beta (1Y): 1.23
• Revenue Growth: 73.23%
• EPS Growth: N/A
• Country: CA
• Employees: 5,659
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.93
• Shares Outstanding: 241,324,700
• 10 Day Avg. Volume: 815,195
• 30 Day Avg. Volume: 833,364
• PEG Ratio: -0.33
• Price to Book (P/B): 1.64
• Price to Sales (P/S): 1.66
• P/FCF Ratio: 17.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$74.73
• Price Target Upside: 15.54% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: C$67.00 ▲(3.59% Upside)

Endeavour Mining's strong financial performance and positive technical indicators are the most significant factors driving the score. The company has demonstrated robust revenue growth and solid profitability, supported by a stable balance sheet. Technical analysis indicates a strong upward trend, further boosting confidence. The earnings call provided additional positive sentiment, highlighting operational achievements and strategic progress. However, the high P/E ratio suggests the stock may be overvalued, which slightly tempers the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective operational strategies, enhancing long-term business sustainability.

Free Cash Flow Generation

Robust free cash flow generation supports financial flexibility, enabling strategic investments and shareholder returns, strengthening future growth.

Environmental Permit Approval

Securing environmental permits for new projects ensures regulatory compliance and paves the way for future production expansion, supporting long-term growth.

Negative Factors

Higher All-In Sustaining Costs

Increased sustaining costs can pressure profit margins, potentially affecting the company's ability to maintain competitive pricing and profitability.

Challenges in Burkina Faso VAT Refunds

Delays in VAT refunds can impact cash flow and operational liquidity, posing challenges to financial management and strategic planning.

Mana Mine Cost Challenges

Higher costs at the Mana mine could reduce overall profitability and necessitate cost management improvements to sustain long-term financial health.

Endeavour Mining Business Overview & Revenue Model

Company Description

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. Its project portfolio includes 90% owned Houndé, Mana, Boungou, and Wahgnion mines in Burkina Faso; 85% owned Ity mine located in Côte d'Ivoire; 90% owned Sabodala-Massawa mine situated in Senegal; and Fetekro, Kalana, Bantou, Nabanga, and Afema development projects. The company was incorporated in 2021 and is based in London, the United Kingdom.

How the Company Makes Money

Endeavour Mining generates revenue primarily through the sale of gold produced from its mining operations. The company's revenue model relies on extracting gold ore from its mines, processing it into gold bullion, and selling it in the global market. Key revenue streams include the direct sale of gold bars, which are sold to various customers, including bullion banks and gold traders. Additionally, Endeavour benefits from hedging strategies that can stabilize cash flows by locking in gold prices. The company also engages in partnerships and joint ventures that can enhance its exploration capabilities and operational efficiencies, further contributing to its earnings. The overall profitability is influenced by factors such as gold market prices, production costs, and operational efficiency.

Endeavour Mining Financial Statement Overview

Summary

Endeavour Mining demonstrates robust revenue growth and solid profitability margins, particularly in gross profit and EBIT. The balance sheet is stable with moderate leverage, and cash flow generation is strong, though there is room for improvement in net profit margins and cash conversion efficiency.

Income Statement

Endeavour Mining has shown strong revenue growth with a 13.91% increase in the TTM period. The gross profit margin is solid at 43.40%, and the EBIT margin is healthy at 24.69%. However, the net profit margin is relatively low at 6.22%, indicating room for improvement in cost management or operational efficiency.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 0.40, suggesting a balanced approach to leveraging. The return on equity is modest at 8.06%, indicating efficient use of equity to generate profits. The equity ratio stands at 50.34%, reflecting a stable financial structure.

Cash Flow

Operating cash flow is strong, with a coverage ratio of 1.41, indicating good cash generation relative to net income. Free cash flow growth is positive at 2.01%, but the free cash flow to net income ratio of 0.56 suggests potential for better cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.70B	2.68B	2.11B	2.07B	2.64B	1.42B
Gross Profit	1.60B	868.70M	745.30M	759.70M	1.50B	750.60M
EBITDA	1.65B	857.90M	864.70M	1.20B	1.14B	522.70M
Net Income	229.90M	-300.20M	-208.90M	-57.30M	215.50M	73.10M
Balance Sheet
Total Assets	5.83B	5.51B	5.86B	6.41B	6.77B	3.88B
Cash, Cash Equivalents and Short-Term Investments	669.80M	418.60M	517.20M	962.30M	906.20M	644.97M
Total Debt	1.18B	1.17B	1.11B	871.80M	893.00M	725.47M
Total Liabilities	2.60B	2.52B	2.31B	2.33B	2.39B	1.64B
Stockholders Equity	2.93B	2.71B	3.23B	3.66B	3.92B	2.06B
Cash Flow
Free Cash Flow	780.50M	257.60M	-116.10M	503.70M	643.60M	507.64M
Operating Cash Flow	1.38B	943.30M	646.50M	1.02B	1.17B	748.93M
Investing Cash Flow	-503.60M	-630.00M	-820.80M	-521.40M	-511.70M	-160.11M
Financing Cash Flow	-700.20M	-439.10M	-276.60M	-385.00M	-431.10M	-70.71M

Endeavour Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 64.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDV, the sentiment is Positive. The current price of 64.68 is above the 20-day moving average (MA) of 58.42, above the 50-day MA of 58.39, and above the 200-day MA of 44.16, indicating a bullish trend. The MACD of 1.47 indicates Negative momentum. The RSI at 66.29 is Neutral, neither overbought nor oversold. The STOCH value of 84.15 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EDV.

Endeavour Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUG	78 Outperform	C$28.33B	29.46	55.69%	2.56%	57.32%	126.96%
ELD	77 Outperform	C$8.69B	17.02	9.54%	―	44.88%	38.67%
AGI	76 Outperform	$21.72B	29.12	14.27%	0.29%	34.64%	115.75%
EDV	74 Outperform	C$12.89B	39.49	16.65%	2.61%	73.23%	―
IMG	71 Outperform	C$12.49B	25.49	10.09%	―	56.17%	-51.73%
BTO	63 Neutral	$8.40B	27.14	6.90%	2.51%	34.31%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Endeavour Mining Corporate Events

Endeavour Mining Achieves Strong Q3-2025 Results and Advances Growth Initiatives

Endeavour Mining reported a robust performance in Q3-2025, with year-to-date production reaching 911,000 ounces of gold and maintaining a strong financial position. The company achieved significant free cash flow generation, reduced its gross debt, and increased shareholder returns through dividends and share buybacks. The Assafou project is progressing well, with the environmental permit approved and the Definitive Feasibility Study on track. Endeavour continues to focus on exploration and organic growth, positioning itself for sustained shareholder returns and industry leadership.

Endeavour Mining Executes Share Buy-Back, Adjusts Voting Rights

Endeavour Mining has announced the repurchase of 30,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed by Stifel Nicolaus Europe Limited, is set to impact the company’s total voting rights, now standing at 241,324,712, which shareholders can use for interest notifications under FCA regulations.

Endeavour Mining Executes Share Buyback to Optimize Capital Structure

Endeavour Mining plc has executed a buyback of 30,000 of its ordinary shares as part of its ongoing share repurchase program. This transaction, conducted through Stifel Nicolaus Europe Limited, will result in the company having 241,354,712 ordinary shares in issue, affecting the total voting rights available to shareholders. The buyback is part of Endeavour’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and market confidence.

Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Endeavour Mining announced a transaction involving the repurchase of 4,000 of its ordinary shares as part of its ongoing buy-back program. This move, executed through Stifel Nicolaus Europe Limited, is set to impact the company’s total voting rights, with the number of shares in issue now at 241,358,712. This strategic buy-back aims to optimize the company’s capital structure and potentially enhance shareholder value.

Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Endeavour Mining announced the purchase of 15,000 of its ordinary shares as part of its ongoing buy-back program. The shares were bought at prices ranging from 3,048.00 GBp to 3,130.00 GBp, with a volume-weighted average price of 3,089.44 GBp. Following the cancellation of these shares, Endeavour’s total voting rights stand at 241,362,712, which shareholders can use for interest calculations under FCA rules. This transaction is part of the company’s strategy to manage its capital structure effectively.

Endeavour Mining to Release Q3 2025 Financial Results on November 13

Endeavour Mining has announced that it will release its Q3 2025 financial results on November 13, 2025, before the London Stock Exchange market opens. The company will hold a conference call and webcast on the same day to discuss the results, providing an opportunity for analysts and investors to engage with the management. This announcement is part of Endeavour’s ongoing efforts to maintain transparency with its stakeholders and could impact investor sentiment and market performance.

Endeavour Mining Announces Total Voting Rights Update

Endeavour Mining plc has announced its total voting rights as of September 30, 2025, with an issued ordinary share capital of 241,429,712 shares. This figure is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules. The announcement highlights Endeavour’s compliance with regulatory requirements and provides transparency to its investors, reinforcing its commitment to responsible governance.

Endeavour Mining Executes Share Buyback Program

Endeavour Mining has executed a share buyback, purchasing 22,500 of its ordinary shares as part of its ongoing buy-back program. This transaction, conducted through Stifel Nicolaus Europe Limited, results in the company having 241,377,712 ordinary shares in issue, which will be used by shareholders to calculate their voting rights. The buyback is part of Endeavour’s strategy to manage its capital structure and enhance shareholder value.

Endeavour Mining Executes Share Buyback Program

Endeavour Mining has executed a share buyback program, purchasing 12,500 of its ordinary shares, as part of its ongoing strategy to enhance shareholder value. This transaction reduces the number of shares in treasury, impacting the total voting rights and potentially influencing shareholder interest calculations under regulatory guidelines.

Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Endeavour Mining announced the repurchase of 30,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, reflects Endeavour’s strategic efforts to manage its capital structure and potentially enhance shareholder value. Following the cancellation of these shares, the company’s total voting rights stand at 241,412,712, which stakeholders can use to assess their interests under regulatory guidelines.

Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Endeavour Mining plc announced a transaction involving the repurchase of 7,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, conducted through Stifel Nicolaus Europe Limited, aims to optimize the company’s capital structure by reducing the number of shares in circulation, thereby potentially enhancing shareholder value. The completion of this buy-back leaves Endeavour with 241,442,712 ordinary shares in issue, which will serve as the basis for shareholder voting rights calculations. This strategic move reflects the company’s commitment to maintaining a balanced financial approach and could have implications for its market positioning and stakeholder interests.

Endeavour Mining Executes Share Buyback, Adjusts Voting Rights

Endeavour Mining has announced the repurchase of 15,000 ordinary shares as part of its ongoing buy-back program, with prices ranging from 2,814.00 GBp to 2,870.00 GBp. This transaction reduces the company’s treasury shares to zero, maintaining 241,449,712 shares in issue, which will impact shareholder voting rights calculations.

Endeavour Mining Announces Total Voting Rights Update

Endeavour Mining announced its total voting rights as of August 31, 2025, with an issued ordinary share capital of 241,482,712 shares and 241,466,212 voting rights after accounting for treasury shares. This information is crucial for shareholders to determine their required notifications under the FCA’s Disclosure Guidance and Transparency Rules.

Endeavour Mining Executes Share Buyback

Endeavour Mining plc has executed a share buyback transaction, purchasing 14,000 of its ordinary shares as part of its ongoing buy-back programme. This transaction, facilitated by Stifel Nicolaus Europe Limited, will result in the company having 241,464,712 ordinary shares in issue, impacting the total voting rights available to shareholders.

Endeavour Mining Announces New Director Appointment

Endeavour Mining has announced that Alison Baker, the Senior Independent Director, has been appointed as an Independent Non-Executive Director at Central Asia Metals Plc. This appointment highlights Endeavour’s strategic positioning and its influence within the mining industry, potentially enhancing its operational and governance capabilities.

Endeavour Mining Executes Share Buyback, Adjusts Voting Rights

Endeavour Mining plc has announced a transaction involving the repurchase of 18,456 of its ordinary shares, as part of its buy-back program initiated earlier in March 2025. These repurchased shares will be canceled, leaving the company with 241,478,712 ordinary shares in issue, which will also be the total voting rights. This strategic move is likely to impact the company’s share value and voting structure, potentially influencing shareholder interests and market perception.

Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Endeavour Mining plc announced the purchase of 20,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed by Stifel Nicolaus Europe Limited, reflects Endeavour’s strategic move to manage its share capital effectively, potentially enhancing shareholder value. Following the cancellation of these shares, the total voting rights in the company will be 241,497,168, which stakeholders can use to assess their holdings under regulatory guidelines.

Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Endeavour Mining announced the repurchase of 30,000 of its ordinary shares as part of a buy-back program initiated earlier in the year. This transaction, executed through Stifel Nicolaus Europe Limited, results in the company having 241,517,168 ordinary shares in issue, impacting the total voting rights available to shareholders. This strategic move is part of Endeavour’s efforts to enhance shareholder value and optimize its capital structure.

Endeavour Mining Executes Share Buy-Back to Enhance Shareholder Value

Endeavour Mining has announced a transaction involving the repurchase of 6,000 of its ordinary shares as part of its ongoing buy-back program. This move, executed through Stifel Nicolaus Europe Limited, is aimed at optimizing the company’s capital structure and enhancing shareholder value, leaving the company with 241,547,168 ordinary shares in issue. The buy-back program reflects Endeavour’s strategic focus on maintaining a robust financial position and delivering value to its stakeholders.