Eldorado Gold Stock News

(Kitco News) - Eldorado Gold (TSX: ELD) reported yesterday that the company produced 93,209 ounces of gold in Q1 2022, which is a 17% decrease compared to Q1 2021 (111,742 ounces).

This gold mining company failed to glitter in its first quarter.

It was a particularly weak gold production this quarter. Gold production came in at 93,209 Oz, down from 111,742 ounces produced in 1Q21. Production during January and February was significantly impac

(Kitco News) - Eldorado Gold (TSX: ELD) today announced Q1 2022 preliminary gold production of 93,209 ounces (Q1 2021: 111,742 ounces) and said it maintains full year production guidance of 460,000 to

VANCOUVER, British Columbia, April 13, 2022 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) announces first quarter 2022 preliminary gold production of 93,209 ounce

Eldorado Gold Corporation with ticker code (EGO) now have 10 analysts covering the stock. The analyst consensus points to a rating of ''None''. The target price ranges between 17.14 and 9.25 with the average target price sitting at 13.49. With the stocks previous close at 11.39 this indicates there is a potential upside of 18.4%. The 50 day MA is 9.72 while the 200 day moving average is 9.51. The market cap for the company is $2,088m. Find out more information at: https://www.eldoradogold.com [stock_market_widget type="chart" template="basic" color="green" assets=EGO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,473m based on the market concensus. Eldorado Gold Corporation and its subsidiaries engage in the mining, exploration, development, and sale of mineral products, primarily in Turkey, Canada, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore. It holds 100% interest in the Kisladag and Efemcukuru gold mines located in western Turkey; Lamaque gold mines located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the Certej and Bolcana development projects located in Romania; and 100% interest in the Tocantinzinho development project located in Brazil.

EGO earnings call for the period ending December 31, 2021.

Eldorado Gold Corp (EGO) CEO George Burns on Q4 2021 Results - Earnings Call Transcript

Eldorado Gold press release (EGO): Q4 Non-GAAP EPS of $0.14 beats by $0.02.Revenue of $244.6M (-12.2% Y/Y) beats by $6.78M.2022 Production Outlook: 460,000-490,000 oz.

Eldorado Gold Corporation found using ticker (EGO) now have 10 analysts covering the stock. The analyst consensus points to a rating of ''None''. The target price ranges between 17.14 and 9.25 and has a mean target at 13.49. Now with the previous closing price of 11.01 this indicates there is a potential upside of 22.5%. There is a 50 day moving average of 9.3 while the 200 day moving average is 9.51. The company has a market capitalisation of $2,002m. Find out more information at: https://www.eldoradogold.com [stock_market_widget type="chart" template="basic" color="green" assets=EGO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,453m based on the market concensus. Eldorado Gold Corporation and its subsidiaries engage in the exploration, discovery, acquisition, financing, development, production, sale, and reclamation of mineral products, primarily in Turkey, Canada, Greece, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore.

Equities in Canadas largest centre closed the week pretty much the way they entered the Friday Session, mostly as gold stocks enjoyed tremendous success. The S&P/TSX Composite finished in the green 17.12 points to conclude Friday, at 21,548.84. On the week, the change amounted to 312 points to the good, or 1.47%. The Canadian dollar backed off 0.05 cents at 78.49 cents U.S. Consumer stocks weighed on the markets, as Canada Goose took it on the chin $2.32, or 6.3%, to $34.18, while Magna International lost $6.47, or 6.3%, to $96.58. Among techs, Lightspeed POS dipped $3.24, or 7.9%, to $37.82, while HUT 8 Mining shed 65 cents, or 6.8%, to $9.08. Industrials also fared badly, as WSP Global fell $8.43, or 5%, to $161.00, and GFL Environmental retreated $1.76, or 4.3%, to $39.47. Gold stocks led the charge upward, as Eldorado Gold jumped 96 cents, or 8.1%, to $12.78, while Iamgold added 32 cents, or 9.6%, to $3.67. Energy stocks also muscled up, with Vermilion popping $1.67, or 8.2%, to $22.29, while Baytex Energy moved 27 cents, or 5.7%, higher, to $5.20.

Eldorado Gold Corporation (EGO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.