To main content
To main content

Financial targets and outlook


We build our growth sustainably

Outlook for the financial year 2026

We estimate gold production to increase by 10–20% compared to the reference period. In 2025, Endomines produced 16,630 ounces, or 517.2 kg of gold.

Strate­gy and business model

Our business, focused on the Karelian Gold Line, comprises three core areas: exploration, mining operations, and processing.

Strategy and business model

Our long-term targets:

  • 1.5-2.0 million oz gold resources will be defined on the Karelian Gold Line by the end of 2030.
  • Annual gold production level of 70,000-100,000 ounces around 2030.
  • Initiation of production of tungsten, a critical mineral listed by the EU, and molybdenum, an important industrial mineral, around 2030.
  • Fossil-free gold production by 2035.

Financial infor­ma­tion

Key financial information for the past five years and calculation formulas for financial ratios.

Financial information