Endeavour Mining Corporation

10:05 AM EST - Endeavour Mining Corporation : Announced its preliminary financial and operating results for the fourth quarter and full year 2019. Q4-2019 production was found to be 178,000 ounces at an AISC of $820/oz, remaining fairly flat over Q3-2019. FY-2019 production of 651,000 oz at an AISC of $813/oz, achieving guidance for the seventh consecutive year. Following nearly four years of intensive growth-capital investment, Net Debt was reduced by $52 million in Q3-2019 and by a further $77m in Q4-2019, marking a decrease of $129m in H2-2019 to reach $533m at year-end. Strong growth expected in 2020 with production guidance of 680 – 740,000 oz at an AISC of $845 – 895/oz. Endeavour Mining Corporation shares T.EDV are trading up $0.01 at $25.47.