Endeavour Mining Reaches Free-Cash-Flow Inflection Point, Per Broker
RBC Capital Markets has upgraded Endeavour Mining, citing a free-cash-flow inflection point driven by high gold prices. The broker forecasts strong first-quarter results, with production and EBITDA above consensus, and expects a 40% total return on shares. The company is positioned to fund growth and maintain strong shareholder returns.
Topics: broker analysis Endeavour Mining free cash flow gold price RBC Capital Markets