Endeavour Mining Shares Drop Following Production Warning at Mana Gold Mine
Endeavour Mining (EVDMF) shares fell 8.4% in European trading following an announcement that production at its Mana gold mine in Burkina Faso is expected to hit the lower end of previous guidance. The company revised its annual production outlook, signaling a slowdown due to operational challenges. The downward revision places output toward the bottom of the previously forecasted range of 1.09 million to 1.265 million ounces for the year. This development has triggered immediate investor concern regarding the mine's efficiency and total yearly output targets.
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