Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF)‘s recent Q4 and 2024 preliminary results have sparked optimism for the company’s prospects in 2025, according to Berenberg analysts.
Despite a challenging year, the company posted solid figures, and its 2025 guidance for production, unit costs, and capital expenditure is broadly in line with analyst expectations.
For 2024, Endeavour’s gold production reached 1.10 million ounces, slightly surpassing Bloomberg’s consensus estimate of 1.09 million ounces.
All-in sustaining costs (AISC) stood at US$1,220 per ounce, aligning closely with consensus projections of US$1,208 per ounce.
The company’s 2025 production guidance is between 1.11 million and 1.26 million ounces, with AISC ranging from US$1,150 to US$1,350 per ounce.
The key to Endeavour’s performance in 2025, Berenberg notes, will be solid execution.
“(A)fter headwinds last year with costs at certain assets…
