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Endeavour Mining

TSX:EDV
Snowflake Description

Reasonable growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EDV
TSX
CA$2B
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. The last earnings update was 19 days ago. More info.


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EDV Share Price and Events
7 Day Returns
-3.2%
TSX:EDV
-0.1%
CA Metals and Mining
-0.2%
CA Market
1 Year Returns
-8.4%
TSX:EDV
-14.3%
CA Metals and Mining
-1.9%
CA Market
EDV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Endeavour Mining (EDV) -3.2% 1.7% -11.4% -8.4% 6.9% 158.4%
CA Metals and Mining -0.1% -5.5% -4.7% -14.3% -16.1% -22%
CA Market -0.2% -1.6% 2.1% -1.9% 13.3% 4.3%
1 Year Return vs Industry and Market
  • EDV outperformed the Metals and Mining industry which returned -14.3% over the past year.
  • EDV underperformed the Market in Canada which returned -1.9% over the past year.
Price Volatility
EDV
Industry
5yr Volatility vs Market

EDV Value

 Is Endeavour Mining undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Endeavour Mining to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Endeavour Mining.

TSX:EDV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.8%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:EDV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6.7%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.098 (1 + (1- 19%) (43.82%))
1.327
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.33
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.327 * 6.65%)
10.77%

Discounted Cash Flow Calculation for TSX:EDV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Endeavour Mining is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSX:EDV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.77%)
2019 31.21 Analyst x4 28.17
2020 298.90 Analyst x8 243.59
2021 290.46 Analyst x7 213.69
2022 273.70 Analyst x2 181.78
2023 263.90 Est @ -3.58% 158.23
2024 258.84 Est @ -1.92% 140.10
2025 256.87 Est @ -0.76% 125.51
2026 257.00 Est @ 0.05% 113.37
2027 258.60 Est @ 0.62% 102.98
2028 261.23 Est @ 1.02% 93.91
Present value of next 10 years cash flows $1,401.33
TSX:EDV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $261.23 × (1 + 1.95%) ÷ (10.77% – 1.95%)
$3,017.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,017.60 ÷ (1 + 10.77%)10
$1,084.80
TSX:EDV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,401.33 + $1,084.80
$2,486.13
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,486.13 / 109.92
$22.62
TSX:EDV Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:EDV)
1.346
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $22.62 x 1.346
CA$30.44
Value per share (CAD) From above. CA$30.44
Current discount Discount to share price of CA$19.64
= -1 x (CA$19.64 - CA$30.44) / CA$30.44
35.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Endeavour Mining is available for.
Intrinsic value
35%
Share price is CA$19.64 vs Future cash flow value of CA$30.44
Current Discount Checks
For Endeavour Mining to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Endeavour Mining's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Endeavour Mining's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Endeavour Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Endeavour Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:EDV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.24
TSX:EDV Share Price ** TSX (2019-05-17) in CAD CA$19.64
TSX:EDV Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.743 $14.59
Canada Metals and Mining Industry PE Ratio Median Figure of 111 Publicly-Listed Metals and Mining Companies 12.65x
Canada Market PE Ratio Median Figure of 545 Publicly-Listed Companies 14.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Endeavour Mining.

TSX:EDV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:EDV Share Price ÷ EPS (both in USD)

= 14.59 ÷ -0.24

-59.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Endeavour Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Endeavour Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Endeavour Mining's expected growth come at a high price?
Raw Data
TSX:EDV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -59.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
48.9%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.62x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Endeavour Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Endeavour Mining's assets?
Raw Data
TSX:EDV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $7.73
TSX:EDV Share Price * TSX (2019-05-17) in CAD CA$19.64
TSX:EDV Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.743 $14.59
Canada Metals and Mining Industry PB Ratio Median Figure of 1,093 Publicly-Listed Metals and Mining Companies 1.26x
Canada Market PB Ratio Median Figure of 2,407 Publicly-Listed Companies 1.41x
TSX:EDV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:EDV Share Price ÷ Book Value per Share (both in USD)

= 14.59 ÷ 7.73

1.89x

* Primary Listing of Endeavour Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Endeavour Mining is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Endeavour Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Endeavour Mining has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EDV Future Performance

 How is Endeavour Mining expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
48.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Endeavour Mining expected to grow at an attractive rate?
  • Endeavour Mining's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Endeavour Mining's earnings growth is expected to exceed the Canada market average.
  • Endeavour Mining's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:EDV Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:EDV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 48.9%
TSX:EDV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 8.3%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 24.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:EDV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:EDV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31 1,007 372 244 3
2021-12-31 1,012 406 177 7
2020-12-31 979 412 139 9
2019-12-31 823 282 60 7
TSX:EDV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 704 226 -26
2018-12-31 752 251 0
2018-09-30 715 203 70
2018-06-30 654 248 40
2018-03-31 565 215 52
2017-12-31 471 223 27
2017-09-30 472 215 11
2017-06-30 515 189 41
2017-03-31 527 191 6
2016-12-31 566 154 23
2016-09-30 531 121 -21
2016-06-30 515 119 -33

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Endeavour Mining's earnings are expected to grow significantly at over 20% yearly.
  • Endeavour Mining's revenue is expected to grow by 8.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:EDV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Endeavour Mining Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:EDV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 2.26 2.62 1.89 2.00
2021-12-31 1.82 2.40 1.31 4.00
2020-12-31 1.47 2.03 1.06 6.00
2019-12-31 0.58 0.94 0.32 6.00
TSX:EDV Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.24
2018-12-31 0.00
2018-09-30 0.65
2018-06-30 0.38
2018-03-31 0.51
2017-12-31 0.27
2017-09-30 0.12
2017-06-30 0.43
2017-03-31 0.06
2016-12-31 0.29
2016-09-30 -0.31
2016-06-30 -0.61

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Endeavour Mining is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Endeavour Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Endeavour Mining has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EDV Past Performance

  How has Endeavour Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Endeavour Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Endeavour Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Endeavour Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Endeavour Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Endeavour Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Endeavour Mining Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:EDV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 704.37 -26.50 59.21
2018-12-31 751.96 -0.07 59.13
2018-09-30 715.36 69.72 55.85
2018-06-30 654.35 40.18 57.03
2018-03-31 565.36 51.79 48.68
2017-12-31 470.64 26.52 51.55
2017-09-30 472.29 11.32 54.38
2017-06-30 515.45 40.51 51.68
2017-03-31 526.71 5.62 50.14
2016-12-31 566.49 23.19 42.63
2016-09-30 531.24 -20.81 41.30
2016-06-30 515.14 -33.34 35.85
2016-03-31 536.16 6.93 33.19
2015-12-31 522.65 13.56 30.66
2015-09-30 532.82 -247.12 25.90
2015-06-30 556.21 -247.01 25.32
2015-03-31 576.81 -267.99 24.85
2014-12-31 583.58 -273.65 25.01
2014-09-30 540.06 -67.79 26.06
2014-06-30 515.90 -84.92 26.91
2014-03-31 463.60 -342.57 27.98
2013-12-31 443.31 -332.46 30.84
2013-09-30 468.67 -280.80 33.19
2013-06-30 426.78 -266.64 33.70
2013-03-31 405.60 17.61 34.41
2012-12-31 365.32 -15.49 32.73
2012-09-30 282.88 -53.25 29.34
2012-06-30 241.67 -42.67 27.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Endeavour Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Endeavour Mining has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Endeavour Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Endeavour Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Endeavour Mining has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EDV Health

 How is Endeavour Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Endeavour Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Endeavour Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Endeavour Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Endeavour Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Endeavour Mining Company Filings, last reported 1 month ago.

TSX:EDV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 934.80 702.80 85.44
2018-12-31 944.33 642.63 125.81
2018-09-30 999.54 543.16 43.10
2018-06-30 1,015.53 479.34 85.07
2018-03-31 1,031.46 420.25 96.40
2017-12-31 1,000.62 340.84 124.67
2017-09-30 1,090.95 329.69 97.17
2017-06-30 963.28 254.88 84.86
2017-03-31 963.04 150.20 87.16
2016-12-31 960.66 150.97 126.76
2016-09-30 1,028.15 139.30 137.09
2016-06-30 892.97 204.05 133.99
2016-03-31 601.67 239.31 117.00
2015-12-31 598.12 239.00 109.52
2015-09-30 501.74 259.89 31.80
2015-06-30 494.56 279.63 52.71
2015-03-31 456.88 300.37 56.40
2014-12-31 443.37 307.24 62.18
2014-09-30 783.12 305.14 56.55
2014-06-30 780.72 301.87 59.36
2014-03-31 780.46 290.83 69.46
2013-12-31 771.51 288.07 75.06
2013-09-30 857.10 287.46 121.24
2013-06-30 949.58 202.51 62.91
2013-03-31 1,159.27 202.74 92.20
2012-12-31 1,137.40 203.64 113.67
2012-09-30 681.39 100.00 130.59
2012-06-30 681.51 100.24 143.91
  • Endeavour Mining's level of debt (75.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (37.3% vs 75.2% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if Endeavour Mining has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Endeavour Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Endeavour Mining has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EDV Dividends

 What is Endeavour Mining's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Endeavour Mining dividends. Estimated to be 0.32% next year.
If you bought CA$2,000 of Endeavour Mining shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Endeavour Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Endeavour Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:EDV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 332 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:EDV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.15 1.00
2022-12-31 0.08 2.00
2021-12-31 0.04 4.00
2020-12-31 0.04 4.00
2019-12-31 0.00 3.00
TSX:EDV Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2010-11-15 0.000 0.000
2010-09-08 0.000 0.000
2010-05-11 0.000 0.000
2010-02-11 0.000 0.000
2010-02-01 0.000 0.000
2009-11-12 0.000 0.000
2009-11-10 0.000 0.000
2009-09-28 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Endeavour Mining has not reported any payouts.
  • Unable to verify if Endeavour Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Endeavour Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Endeavour Mining has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Endeavour Mining's dividends in 3 years as they are not expected to pay a notable one for Canada.
X
Income/ dividend checks
We assess Endeavour Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Endeavour Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Endeavour Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EDV Management

 What is the CEO of Endeavour Mining's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sébastien de Montessus
COMPENSATION $6,288,387
AGE 43
TENURE AS CEO 2.8 years
CEO Bio

Mr. Sébastien de Montessus has been the President of Endeavour Mining Corporation since November 27, 2015 and as its Chief Executive Officer since June 28, 2016. Mr. de Montessus is a Co-Founder and Marketing and Technology Coordinator of Ofye. He served as Chief Executive Officer and President of La Mancha Resources, Inc. since August 29, 2012. He served as Senior Executive Vice President of Mining at AREVA, Inc. He served as Chief Executive Officer of AREVA Mining, where he oversaw the design and implementation of a 5-year strategic plan. He served as Senior Executive Vice President of Mining Business Group at Areva SA and served as its Member of the Executive Board since June 30, 2011. He served as a Member of the Executive Board and Group Deputy Chief Executive Officer of Areva. He served as Head of Mining Division at Areva group. He served as Vice President Strategy, Marketing and Business Development for Areva's Transmission and Distribution network electrical equipment business. Before joining Areva in 2002, he was an Investment Banker at Morgan Stanley in London (M&A and Equity Capital Market). He serves as a Director of Evolution Mining (Mungari) Pty. Ltd. He has been an Executive Director of Endeavour Mining Corporation since November 27, 2015. He has been a Director of La Mancha Resources, Inc. since August 29, 2012 and previously served as its Director from November 2007 to March 29, 2012. He was Non-Executive Director of Evolution Mining Limited since September 1, 2015 until August 1, 2018 and previously served as its Non-Executive Director from 2015 to July 31, 2015. He served as a Director of Eramet SA since May 20, 2010 until March 20, 2012. Mr. de Montessus is a Business graduate from ESCP-Europe Business School in Paris.

CEO Compensation
  • Sébastien's compensation has increased whilst company is loss making.
  • Sébastien's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Endeavour Mining management team in years:

2.6
Average Tenure
45
Average Age
  • The tenure for the Endeavour Mining management team is about average.
Management Team

Sébastien de Montessus

TITLE
CEO, President & Director
COMPENSATION
$6M
AGE
43
TENURE
2.8 yrs

Vincent Benoit

TITLE
Executive VP of Corporate Development & CFO
COMPENSATION
$4M
AGE
50
TENURE
2.5 yrs

Morgan Carroll

TITLE
Executive VP of Corporate Finance
COMPENSATION
$2M

Mark Morcombe

TITLE
Chief Operating Officer
AGE
47

Martino De Ciccio

TITLE
Vice President of Strategy & Investor Relations

Henri de Joux

TITLE
Executive Vice President of People & IT
AGE
41
TENURE
2.6 yrs

Pascal Bernasconi

TITLE
Executive VP of Public Affairs

Peder Olsen

TITLE
Head of Projects

Ryan Eisenhammer

TITLE
Operations Analysis Manager
Board of Directors Tenure

Average tenure and age of the Endeavour Mining board of directors in years:

3
Average Tenure
64
Average Age
  • The tenure for the Endeavour Mining board of directors is about average.
Board of Directors

Michael Beckett

TITLE
Chairman of the Board
COMPENSATION
$268K
AGE
82

Sébastien de Montessus

TITLE
CEO, President & Director
COMPENSATION
$6M
AGE
43
TENURE
3.5 yrs

Wayne McManus

TITLE
Independent Non-Executive Director
COMPENSATION
$190K
TENURE
16.8 yrs

Jim Askew

TITLE
Independent Non-Executive Director
COMPENSATION
$83K
AGE
70
TENURE
1.8 yrs

Naguib Onssy Sawiris

TITLE
Independent Non-Executive Director
COMPENSATION
$140K
AGE
64
TENURE
3.5 yrs

Livia Mahler

TITLE
Independent Non-Executive Director
COMPENSATION
$163K
AGE
59
TENURE
2.6 yrs

Olivier Colom

TITLE
Independent Non-Executive Director
COMPENSATION
$165K
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • Endeavour Mining insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
16. May 19 Sell Naguib Onssy Sawiris Individual 13. May 19 15. May 19 -1,316,000 CA$19.84 CA$-25,886,463
16. May 19 Buy Naguib Onssy Sawiris Individual 13. May 19 13. May 19 658,000 CA$19.89 CA$13,087,620
07. May 19 Sell Sébastien de Montessus Individual 03. May 19 03. May 19 -51,060 CA$20.08 CA$-1,025,285
07. Feb 19 Sell Morgan Carroll Individual 04. Feb 19 04. Feb 19 -10,000 CA$22.66 CA$-226,600
29. Jan 19 Sell Henri de Joux Individual 28. Jan 19 28. Jan 19 -12,000 CA$22.10 CA$-265,200
28. Jan 19 Sell Morgan Carroll Individual 25. Jan 19 25. Jan 19 -14,000 CA$21.95 CA$-307,300
15. Jan 19 Buy Naguib Onssy Sawiris Individual 11. Jan 19 11. Jan 19 658,000 CA$20.00 CA$13,160,000
01. Jan 19 Sell Jeremy Langford Individual 27. Dec 18 27. Dec 18 -25,200 CA$21.87 CA$-551,124
01. Jan 19 Sell Morgan Carroll Individual 28. Dec 18 28. Dec 18 -7,000 CA$22.06 CA$-154,420
30. Aug 18 Buy Naguib Onssy Sawiris Individual 28. Aug 18 29. Aug 18 86,500 CA$19.65 CA$1,693,209
05. Sep 18 Buy Naguib Onssy Sawiris Individual 31. Aug 18 04. Sep 18 134,200 CA$19.97 CA$2,614,936
31. Aug 18 Buy Naguib Onssy Sawiris Individual 30. Aug 18 30. Aug 18 22,500 CA$19.35 CA$435,278
10. Sep 18 Buy Naguib Onssy Sawiris Individual 07. Sep 18 07. Sep 18 83,900 CA$19.40 CA$1,627,727
07. Sep 18 Buy Naguib Onssy Sawiris Individual 05. Sep 18 06. Sep 18 111,700 CA$19.75 CA$2,185,342
28. Aug 18 Buy Naguib Onssy Sawiris Individual 20. Aug 18 27. Aug 18 244,300 CA$19.90 CA$4,774,604
11. Sep 18 Buy Morgan Carroll Individual 28. Aug 18 28. Aug 18 14,100 CA$19.71 CA$277,911
16. Aug 18 Buy Morgan Carroll Individual 15. Aug 18 15. Aug 18 3,367 CA$19.25 CA$64,823
25. Jun 18 Buy Jeremy Langford Individual 20. Jun 18 20. Jun 18 8,000 CA$24.01 CA$192,080
X
Management checks
We assess Endeavour Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Endeavour Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EDV News

Simply Wall St News

Are Endeavour Mining Corporation's (TSE:EDV) Interest Costs Too High?

While small-cap stocks, such as Endeavour Mining Corporation (TSE:EDV) with its market cap of CA$2.1b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Did Business Growth Power Endeavour Mining's (TSE:EDV) Share Price Gain of 148%?

But on a lighter note, a good company can see its share price rise well over 100%. … For instance, the price of Endeavour Mining Corporation (TSE:EDV) stock is up an impressive 148% over the last five years. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

Simply Wall St -

Do Directors Own Endeavour Mining Corporation (TSE:EDV) Shares?

A look at the shareholders of Endeavour Mining Corporation (TSE:EDV) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Endeavour Mining has a market capitalization of CA$2.2b, so we would expect some institutional investors to have noticed the stock.

Simply Wall St -

Does Endeavour Mining Corporation's (TSE:EDV) CEO Salary Compare Well With Others?

Sébastien de Montessus became the CEO of Endeavour Mining Corporation (TSE:EDV) in 2016. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Sébastien de Montessus's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Who Has Been Buying Endeavour Mining Corporation (TSE:EDV) Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So before you buy or sell Endeavour Mining Corporation (TSE:EDV), you may well want to know whether insiders have been buying or selling. … Endeavour Mining Insider Transactions Over The Last Year.

Simply Wall St -

What You Must Know About Endeavour Mining Corporation's (TSE:EDV) Beta Value

Volatility is considered to be a measure of risk in modern finance theory. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

What Kind Of Investor Owns Most Of Endeavour Mining Corporation (TSE:EDV)?

The big shareholder groups in Endeavour Mining Corporation (TSE:EDV) have power over the company. … With a market capitalization of CA$1.8b, Endeavour Mining is a decent size, so it is probably on the radar of institutional investors. … See our latest analysis for Endeavour Mining

Simply Wall St -

Calculating The Intrinsic Value Of Endeavour Mining Corporation (TSE:EDV)

by taking the foreast future cash flows of the company and discounting them back to today's value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Is Endeavour Mining Corporation (TSE:EDV) A Financially Sound Company?

Endeavour Mining Corporation (TSE:EDV) is a small-cap stock with a market capitalization of CA$2.2b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

A Look At The Fair Value Of Endeavour Mining Corporation (TSE:EDV)

Does the share price for Endeavour Mining Corporation (TSE:EDV) reflect it's really worth? … by projecting its future cash flows and then discounting them to today's value. … Discounted Cash Flows (DCF).

Simply Wall St -

EDV Company Info

Description

Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. Its flagship properties are the Houndé mine located in Burkina Faso and the Ity CIL project situated in Côte d’Ivoire. As of December 31, 2018, the company had proved and probable reserves of 8.0 million ounces, as well as measured and indicated resources of 13.9 million ounces of gold. The company was formerly known as Endeavour Financial Corporation and changed its name to Endeavour Mining Corporation in September 2010. Endeavour Mining Corporation was incorporated in 2002 and is based in London, the United Kingdom.

Details
Name: Endeavour Mining Corporation
EDV
Exchange: TSX
Founded: 2002
CA$2,158,790,816
109,918,066
Website: http://www.endeavourmining.com
Address: Endeavour Mining Corporation
5 Young Street,
Kensington,
London,
Greater London, W8 5EH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX EDV Voting Shares The Toronto Stock Exchange CA CAD 07. Aug 2002
OTCPK EDVM.F Voting Shares Pink Sheets LLC US USD 07. Aug 2002
DB E5Y1 Voting Shares Deutsche Boerse AG DE EUR 07. Aug 2002
LSE 0YYC Voting Shares London Stock Exchange GB CAD 07. Aug 2002
Number of employees
Current staff
Staff numbers
4,394
Endeavour Mining employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 01:44
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/15
Last earnings filing: 2019/05/01
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.