Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Record quarter puts Endeavour Mining (T.EDV) on track for upper end of guidance

Stockhouse Editorial
0 Comments| August 11, 2014


West Africa-focused Endeavour Mining Corp. (TSX: T.EDV, Stock Forum) produced a record amount of gold in the second quarter of 2014, the company said Monday, putting the firm in a position to hit the top end of its guidance range.

Production of 122,517 ounces in the quarter from mines in Mali, Cote d’ Ivoire, Ghana, and Burkina Faso generated revenue of $153.4 million, the company said in a press release.

“With gold production for the first half of 2014 of 228,000 ounces, we can now expect to achieve the top end of the guidance range of 400,000 to 440,000 ounces for the full year,’’ said Endeavour Chief Executive Officer Neil Woodyer.

Endeavour shares rose 3.2% to 97 cents Monday, leaving a market cap of $400.8 million, based on 413.1 million shares outstanding. The 52-week range $1.02 and 44 cents.

Management of Endeavour will host a conference call to discuss the results on August 12, 2014.

Tags: GOLD

Rate this article
0 stars
v
Usefulness

Clarity

Credibility

Interested in these industries and sectors?

Receive investor kits and email updates from Stockhouse and directly from these companies.

"Metals & Mining"

I consent to receiving investment related electronic messages from Stockhouse and the companies selected.
I may withdraw my consent at any time.

Comments

No comments yet. Be first to comment!

Leave a Message

You must be logged in to access this feature.