Endeavour Reports Higher Q4 Gold Production YoY, Declares Record H2 2024 Dividend

Endeavour Mining (EDV.TO) 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.