Endeavour Mining delivers Q1 beat on lower costs, higher output: Jefferies

Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) delivered a strong start to 2026, according to Jefferies, which highlighted a first quarter “fundamental beat” driven by better-than-expected production and lower costs, alongside a transition to a net cash position. Jefferies said adjusted earnings of $1.53 per share exceeded both its $1.27 estimate and the consensus of $1.43, supported by materially lower operating costs and depreciation than expected.