Intermediate Canadian gold producer Endeavour Mining has reported an adjusted loss for the three months ended March 31, as higher year-on-year output benefitted from relatively strong realised prices and low, yet slightly higher, all-in sustaining costs.
The London, England-headquartered company reported a first-quarter adjusted profit attributable to shareholders of $9.34-million, or $0.10 a share, which is flat over the comparable period of 2016, but falls far short of analyst forecasts looking for earnings of $0.15 a share.
