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Endeavour Mining (EDV.L)

Basic Materials Dividend payer

A West Africa-focused gold miner riding very high margins and fast revenue growth on the back of an elevated gold price.

£35.22

Is Endeavour Mining a good stock for a UK beginner?

The honest version: A West Africa-focused gold miner riding very high margins and fast revenue growth on the back of an elevated gold price.

No rating · no target price · nothing for sale here
Price+103.6%
52-week range+53% past year
£35.22
Low £22.60High £54.10
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into Endeavour Mining
£2,036+104%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£8.49B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
816.61K
Day range: The lowest and highest price the shares traded at during the latest day.
£34.69 – £36.68
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£22.60 – £54.10
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
13.8
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
4.1%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.14
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.14
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +4% past week · ▲ +53% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Gold remains structurally well supported and the company expands output across its asset base without major disruption.

The bear case

A prolonged gold price downturn combines with instability in West Africa.

What does Endeavour Mining do?

Endeavour Mining runs gold mines dotted across several West African countries. Its net margin: How much of each £1 of sales becomes profit after all costs. Higher = more profitable per sale. and return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. are high and revenue has been growing strongly - but that's as much about where the gold price sits as any company-specific brilliance. As with any miner staking everything on one metal spread across developing-market jurisdictions, results ride on both the gold price and how politically stable its host countries are. The one thing worth watching -> despite the strong margins and growth, the momentum screener score is comparatively weak, hinting at recent share-price softness even as the underlying numbers improved.

VQGMI
Factor profile

On our factor screen it looks strongest on quality and income, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 65Quality: How profitable and financially healthy the company is (higher = stronger). 79Growth: How fast revenue and earnings are growing (higher = faster). 58Momentum: How the share price has been trending recently (higher = stronger recent run). 28Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 72
Quick checks
What's strong
  • Quality screens high (79/100)
  • Income screens high (72/100)
  • High margins and returns in the current gold price environment
  • Strong recent revenue growth
  • Geographic diversification across several West African mines
What to watch
  • Momentum screens low (28/100)
  • A fall in the gold price
  • Political instability or resource-nationalism moves in host countries
  • Operational disruptions or cost inflation at mine sites

What do Endeavour Mining's numbers mean?

P/E
13.9 (fwd 6.8)
The trailing multiple of just under 14 times falls to under 7 times on forward estimates, implying the market expects earnings to rise substantially, or that trailing earnings included one-off items.
Net margin
18.9%
Just under a fifth of revenue converts to profit, a reasonable margin for a gold producer at current gold prices.
ROE
31.1%
A high return on equity, partly a function of elevated gold prices flowing through to profit.
Dividend yield
2.9%
The shares carry a dividend yield of 2.9%, alongside the possibility of special or supplementary distributions common among gold miners in strong price years.

How much money does Endeavour Mining make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$337.25M$674.50M$1.01B$1.35BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
64.4%
Net margin
17.7%
Return on equity
31.3%

Does Endeavour Mining pay a dividend?

Yes - Endeavour Mining currently pays a dividend of about 4.1% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

More in Basic Materials

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What are the scenarios for Endeavour Mining?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£52£35£23today · £35▲ Bull · £42• Base · £35▼ Bear · £26in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +25%Gold prices extend their recent strength and production guidance is met.
Base
-10% to +10%Gold prices trade sideways and operations run to plan.
Bear
-20% to -30%Gold prices pull back or a mine-level disruption/cost overrun occurs.

What are the pros and cons of Endeavour Mining?

3bull points
5bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • High margins and returns in the current gold price environment
  • Strong recent revenue growth
  • Geographic diversification across several West African mines
The catch2
  • Earnings highly sensitive to a single commodity price
  • Operates in jurisdictions with elevated political risk
Key risks3
  • A fall in the gold price
  • Political instability or resource-nationalism moves in host countries
  • Operational disruptions or cost inflation at mine sites
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: low · data: GBP · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.