2025 was a record year for Endomines, with profitability improving clearly, although H2 fell slightly short of our expectations.
Endomines H2 results were fairly in line with expectations, with main deviations relating to one-offs.
Endomines production in Q4 was weaker than expected, but further gold price momentum continues to carry the investment case.
Endomines announced the sale of three of its gold deposits in Idaho.
Gold prices have continued to develop favourably since our previous update in September, up some 20% since late-August.
In May, Endomines unveiled its updated strategy for 2025–2029.
Endomines delivered a strong performance in H1, despite a slight shortfall relative to our profitability estimate.
Robust growth continued as expected, though profitability fell slightly short of our estimates due to our too optimistic cash cost assumptio...
Endomines reports its H1 figures on 14th of August.
Endomines published its updated strategy for 2025–2029, which largely builds on the previous one, with the expected addition of critical min...
