RY 144.17 0.4529% TD 77.39 0.0517% SHOP 78.87 -1.3878% CNR 171.64 0.5625% ENB 50.09 -0.4769% CP 110.62 0.6277% BMO 128.85 -0.548% TRI 233.58 1.1563% CNQ 103.29 -0.174% BN 60.87 -0.2295% ATD 75.6 -1.447% CSU 3697.0 1.1582% BNS 65.76 -0.3485% CM 66.6 -0.5525% SU 54.21 1.1569% TRP 53.15 0.3398% NGT 58.54 -0.3405% WCN 226.5 0.4123% MFC 35.905 0.9986% BCE 46.75 -0.5954%
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Endeavour Mining (TSX: EDV) posts higher production, industry-beating margins in Q3FY23
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Highlights
Gold producer in West Africa, Endeavour Mining (TSX: EDV) has its operating assets in Senegal, Cote d'Ivoire and Burkina Faso. The company boasts a rich portfolio of advanced development projects and exploration assets in Birimian Greenstone Belt across West Africa.
In the third quarter of the year 2023, EDV’s gold production from continuing operations jumped to 280,893 ounces, versus 267,619 ounces in the previous quarter of the year (Q2 2023). The company has registered a consolidated revenue of USD 530.0 million for the reporting period, as against a revenue of USD 466.7 million in the previous corresponding period (Q3 2022). The 13.6% rise in top-line business was primarily because of higher quantity of gold production and sold volume.
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