Endeavour Mining Faces Heightened Operational, Geopolitical Risks, Analyst Says: 'Challenging Position'
Endeavour Mining Faces Heightened Operational, Geopolitical Risks, Analyst Says: 'Challenging Position'
Endeavour Mining PLC (OTC:EDVMF) paused operations in early 2024 at its Hounde gold mine due to a prolonged worker's strike.
Endeavour Mining PLC(OTC:EDVMF)由於長時間的工人罷工，於2024年初暫停了其Hounde金礦的運營。
Operational and geopolitical risks have risen amid significant management changes this year, according to RBC Capital Markets.
RBC資本市場表示，今年管理層的重大變化使得操作風險和地緣政治風險上升。
Analyst Wayne Lam downgraded the rating for Endeavour Mining from Outperform to Sector Perform, while slashing the price target from CA$48 ($34.76) to CA$40.
分析師Wayne Lam將Endeavour Mining的評級從超配降低至板塊表現評級，同時將其目標價從CA$48（34.76美元）下調至CA$40。
The Endeavour Mining Takeaways: Two of the company's new projects being ramped up spell greater technical complexity than previous new builds, Lam said in the downgrade note.
在此次降級通知中，Lam稱，公司的兩個新項目正在加速，這意味着比以前的新建設計更具挑戰性。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
There is growing "investor aversion to West Africa given the volatility of economic stability agreements," he added.
他補充說：“由於經濟穩定協議的波動性，投資者越來越不願意投資西非。”
Several management changes at Endeavour Mining, including the departures of Mark Morcombe (COO) and Jono Lawrence (EVP Exploration), have raised concerns around execution ahead, the analyst stated.
分析師指出，Endeavour Mining的幾個管理層變化，包括COO Mark Morcombe和EVP Exploration Jono Lawrence的離職，引發了在執行方面的顧慮。
With costs in the first half of the year being driven higher by lower grid power availability and focus on lower grade phases, "we view EDV being in a challenging position to achieve guidance this year," he further wrote.
由於供電和低品位階段的專注導致今年上半年成本上升，所以我們認爲EDV今年面臨着挑戰性的局面，“他進一步寫道。
EDVMF Price Action: Shares of Endeavour Mining had declined by 2.71% to $20.14 at the time of publication on Tuesday.
週二發佈時，Endeavour Mining的股價下跌了2.71％，至20.14美元。
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