TSX:EDVMetals and Mining
Endeavour Mining (TSX:EDV) Stock Grapples With Project Risk After Record Margins
Endeavour Mining stock has been under pressure, with the share price down about 17% over the past three months and closing at CA$66.34 on Friday. Yet the latest earnings landed with a very different message. Q2 delivered US$1.38 in basic earnings per share and contributed to a record first half, with US$1.6b in adjusted earnings before interest, tax, depreciation and amortization and a 63% margin.
The near term chart looks bruised. The longer term outlook now depends on whether that cash...