Endeavour Mining (TSE:EDV) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Endeavour Mining reported a strong second quarter in 2024 with a 17% increase in Adjusted EBITDA to $249 million, signaling a promising outlook for the second half of the year. The company is on track to meet production guidance and has announced a generous shareholder returns policy, including minimum dividends totaling $435 million for 2024 and 2025, alongside $120 million in shareholder returns for the first half of the year. Endeavour also highlighted the completion of first gold pours at two key growth projects, demonstrating progress in their strategic objectives.
For further insights into TSE:EDV stock, check out TipRanks’ Stock Analysis page.