Endeavour Mining (TSE:EDV) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$556.8m (up 6.2% from 2Q 2023).
- Net loss: US$59.5m (down by 175% from US$79.3m profit in 2Q 2023).
- US$0.24 loss per share (down from US$0.32 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Endeavour Mining Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company’s shares are down 2.4% from a week ago.
Risk Analysis
It’s necessary to consider the ever-present spectre of investment risk. We’ve identified 2 warning…
