Endeavour Mining plc (TSE:EDV) shareholders might be concerned after seeing the share price drop 11% in the last quarter. On the bright side the share price is up over the last half decade. Unfortunately its return of 34% is below the market return of 60%.
Since the stock has added CA$250m to its market cap in the past week alone, let’s see if underlying performance has been driving long-term returns.
See our latest analysis for Endeavour Mining
Because Endeavour Mining made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually expect strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
In the last 5 years Endeavour Mining saw its revenue grow at 29% per year. Even measured against other revenue-focussed companies, that’s a good…
