Endeavour Reports Strong Q1-2022 Results morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Endeavour Mining Corporation: Endeavour Reports Strong Q1-2021 Results
Production up 102% l AISC down 3% l CFPS pre-WC up 48% l Adjusted EPS up 111%
Q1-2021 HIGHLIGHTS
Strong Q1-2021 performance with production up +102% over Q1-2020 to 347koz, while AISC decreased by 3% to $868/oz
Well positioned to meet FY-2021 guidance of 1,365-1,495koz at AISC of $850-900/oz following successful integration of Teranga assets
Adjusted Net Earnings up $78m over Q1-2020 to $105m; up 111% on a per share basis to $0.50/sh
Operating Cash Flow before working capital up $170m over Q1-2020 to $265m; up 47% on a per share basis to $1.28/sh
Endeavour Mining Corporation: Endeavour Reports Record FY-2020 Results finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Endeavour Reports Record Q4-2020 Preliminary Results and 2021 Guidance
PRELIMINARY RESULTS AND 2021 GUIDANCE
Achieved top end of production guidance l Net Debt reduction of ∼$600m in 2020 l Net Cash position of ~$70m at year-end
HIGHLIGHTS
Record Q4-2020 production of 344koz, a 41% increase over Q3-2020 while AISC decreased by 15% to ~$770/oz
Record consolidated FY-2020 production of 908koz, a 39% increase over FY-2019, while AISC increased by 5% to ~$860/oz
Eighth consecutive year of achieving annual guidance, reaching the top end of production and low end of AISC guidance, in spite of the global COVID-19 pandemic
Net Cash position of ~$70m achieved at year-end, marking a Net Debt reduction of ~$245m during Q4-2020 and ~$600m during FY-2020