06:26 AM EDT, 05/01/2025 (MT Newswires) -- Endeavour Mining ( EDVMF ) on Thursday reported a jump in first-quarter adjusted earnings that also beat analyst estimates.

Adjusted net earnings attributable to shareholders rose to US$219 million, or US$0.90 per share, from US$41 million, or US$0.17 per share.

The result exceeded the earnings per share consensus estimate compiled by FactSet of US$0.63 for the first quarter.

Revenue also increased to US$1.04 billion from US$473 million. The result beat the revenue consensus estimate compiled by FactSet of US$872.9 million.

Adjusted EBITDA rose to US$613 million from US$213 million.

Gold production increased to 341,000 ounces from 219,000 ounces. The company sold 353,000 ounces of gold, up from 225,000 ounces.

Endeavour is on track to achieve its 2025 production guidance of 1.11 to 1.26 million ounces within the all-in sustaining cost guidance of US$1,150 to US$1,350 per ounce.

Endeavour's share price at last look rose 3.5% in London trading on Thursday.