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Most Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)Kinross Gold, Northland Power Inc and More at 52-week Highs (Sep 16-22)This summary was created by AI, based on 1 opinions in the last 12 months.
Overall, experts have mixed feelings about Endeavour Mining Capital (EDV-T) with some expressing concerns over CEO replacement but acknowledging the value of the company's assets in West Ghana. One expert owns shares and sees potential for growth despite the CEO issue. There is consensus on the company's valuable assets and potential. However, the CEO replacement has raised some concerns among experts, but overall, the company's value is recognized and potential for growth is acknowledged.
Very good at business execution.
Africa assets include political instability.
Large deposits very attractive.
Historically very good at M&A activity.
Will continue to own shares.
Precious metals is an area of long term opportunities. We saw a great run for a couple years but in the last year, it has gone sideways to down. Enthusiasm has waned and is affected by the bitcoin craze. If Bitcoin loses sails, the inflation hedge money will come back to precious metals. Outlook for gold is good in the next years with governments adding debt. Trading at a low valuation. Has a compelling free cashflow. There is political risk however. Will perform better once gold picks up.
Doesn't follow this one closely, so he has no useful insights. But he does follow EDR, a smaller cap silver company, which looks interesting.
If he was going to buy a silver producer, this would be it. The best of the Canadian producers. His preference is Wheaton Precious Metals as a royalty play.
It has done pretty well but it has a debt load. He doesn’t like it at this point. It has had its day, moved up a lot. If he owned it, he would be looking to sell it.
West Africa mining - strong management team. Ramping up from 500k oz to 800k oz. 7 times cash flow. He sees it trading above its fundamental value. Free cash flow will be negligible for the next couple of years as they build two new mines and they have quite a bit of debt.
They delivered tremendous value and are now fully valued. There is a pipeline of opportunity. It is more about the investor than the company, depending on the timeline the investor has.
He was a large, large shareholder a year ago. The whole West African gold sector has performed extremely well. If you own, he would suggest using trailing stops. Believes there will be further consolidation in West Africa which will be good for the industry.
(Hold or Sell?) Acquiring True Gold (TGM-X). Recently did a comparison of True Gold with Roxgold (ROG-X). They both put out the feasibility at the same time and both say they have had about a 45% IRR with a gold price between $1250 and $1300. The difference is that Roxgold is high grade underground while True Gold’s Karma project is low-grade leaching (?), but are looking at very good recoveries of 85%. Roxgold’s funded through equity and debt while True Gold did a stream. The stream is a significant portion of the upfront capital required. By keeping Endeavor and the True Gold Karma project, the first 5 years of 100,000 ounces, you get 20% of the gold price.
Depressed but he likes it. Hats off to the management team due to a recent announcement. Yield is probably north of 15% and they should use some of that to pay down debt. It is in the risky end of Africa.
What is the outlook for Endeavour Mining? They are producers out of West Aftrica. "At 90 cents you have to like the name".The potential for free cash flow for next year looks good. He does have a position. Good buy here. Sees 2/3 or 75% of net asset values as a realistic target in the next 12 months.
Endeavour Mining Capital is a Canadian stock, trading under the symbol EDV-T on the Toronto Stock Exchange (EDV-CT). It is usually referred to as TSX:EDV or EDV-T
In the last year, 1 stock analyst published opinions about EDV-T. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Endeavour Mining Capital.
Endeavour Mining Capital was recommended as a Top Pick by on . Read the latest stock experts ratings for Endeavour Mining Capital.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Endeavour Mining Capital In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Endeavour Mining Capital (EDV-T) stock closed at a price of $26.56.
Owns shares in company. Troubled by CEO replacement, however assets in West Ghana are valuable. Will continue to hold. Has lots of value in company.