The Best Defensive Stock

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The Best Defensive Stock

The Best Defensive Stock To Consider

The stock market looks very fragile, and there are mounting risks of a collapse. Amidst this period of market instability, the one defensive stock that you should have in the portfolio is Endeavour Mining (EDV).

quick look at history tells us that safe-haven assets like Gold perform well during times of market crashes or economic uncertainty. And since Endeavour Mining is a prominent gold miner, a higher gold price will also send the share price flying.

Endeavour Mining Remains Highly Profitable

Endeavour Mining has a market cap of around 7.7 billion, and its P/E is also only a little bit higher than the FTSE 100. But the best part is that it delivered more than 110% return in 2025, which is multiple times higher than the FTSE 100's return.

Endeavour Mining has also shown us that it is really good at financial and operational execution. During the first 9 months of 2025, the firm produced around 991K ounces of Gold with an AISC of $1362.

In simple words, Endeavour Mining has managed to earn a profit of $2700+ from each ounce of gold it mined. This alone tells us that as long as the gold prices remain high, the profitability of Endeavour Mining will also stay higher.

Last but not least, the balance sheet of Endeavour Mining is also very solid, as its net debt is only $678 million. In addition, Endeavour Mining also offers a dividend yield of 3% which is very solid.

So, for those investors who want to take shelter in a defensive stock, Endeavour Mining is a very good option. It offers direct exposure to the higher gold prices without the need for actually buying and holding any physical gold.

Also, when we consider the low valuation and higher profit margins of Endeavour Mining, it becomes clear why it is the best choice in the UK stock market.

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