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Endeavour Reports Higher Q4 Gold Production YoY, Declares Record H2 2024 Dividend
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Endeavour Reports Higher Q4 Gold Production YoY, Declares Record H2 2024 Dividend
Jan 30, 2025 4:11 AM

06:52 AM EST, 01/30/2025 (MT Newswires) -- Endeavour Mining ( EDVMF ) on Thursday reported fourth-quarter gold production of 363,000 ounces, up from 280,000 ounces in the same quarter of the previous year.

All-in sustaining cost for the quarter was US$1,140/ounce, up from US$947/ounce.

The company expects an up to 15% production growth in its fiscal year 2025 with production guidance of 1.11 million to 1.26 million ounces at an all-in sustaining cost of US$1,150/ounce to US$1,350/ounce.

Endeavour declared a record dividend of US$150 million, or US$0.57 per share, for the second half of 2024, bringing total returns of US$277 million, or US$251 for every ounce produced.

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