Pre-positioning Ahead of Rains

Endeavour Mining’s Q222 results are scheduled for release on 3 August. In the meantime, Endeavour is trading at a 27% discount to the average multiples of its peers, which imply a share price of £23.70 with a current price of £17.06. Following its acquisitions of SEMAFO and Teranga, Endeavour Mining has become one of the top 10 major gold producers globally.