Eldorado Gold (EGO) Company Overview

NEW YORK, NY / ACCESS Newswire / February 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Eldorado Gold Corporation ("Eldorado" or "the Company") (NYSE:EGO). Investors who purchased Eldorado securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/EGO.

(All dollar figures are in US dollars, unless otherwise stated) VANCOUVER, British Columbia, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) today provides an update on the construction progress at its copper-gold Skouries Project (“Skouries” or the “Project”), detailed 2025 production and cost guidance, and three-year production outlook. As previously disclosed, labour market tightness in Greece, particularly pronounced in construction, has continued to limit the availability of key construction personnel at Skouries, resulting in a slower ramp-up of the workforce and delayed progress in certain areas of the Project.

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Eldorado Gold (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.

(All dollar figures are in US dollars, unless otherwise stated) VANCOUVER, British Columbia, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado”, the “Company” or “We”) is pleased to announce the results of an updated Technical Report for the Lamaque Complex1 (“Lamaque Complex Technical Report”), including an updated life-of-mine (“LOM”) plan based on Mineral Reserves from Triangle, Ormaque and Parallel (the “Reserve Case”) and a Preliminary Economic Assessment (“PEA”) extended LOM plan primarily2 based on Inferred Mineral Resources (“Inferred Resources”) from Triangle and Ormaque (the “PEA Case”). The Reserve Case outlines an 8-year mine life producing 1.2 million ounces of gold, while the PEA Case shows the potential to extend mine life incrementally by 9 years and incremental gold production of 1.5 million ounces.

The consensus price target hints at a 27.8% upside potential for Eldorado Gold (EGO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Eldorado Gold reported strong Q4-24 production but missed its annual guidance midpoint for the third consecutive year. Its Lamaque Mine was a standout performer in Q4-24 with record production and reserve growth, offset by softer production at its other three mines on a YoY basis. Unfortunately, reserve growth and solid Q4 production were offset by uncertainty related to Skouries' schedule and already upward revised capex estimate, impacted by a tight labor market.

EGO produces gold of 520,293 ounces in 2024, which was above the mid-point of the revised guidance of 505,000-530,000 ounces.

(All dollar figures are in US dollars, unless otherwise stated) VANCOUVER, British Columbia, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) announces fourth quarter 2024 preliminary gold production of 155,669 ounces, and full year preliminary gold production of 520,293 ounces, delivering 7% annual production growth over 2023. Fourth quarter production was very strong at the Lamaque Complex and Kisladag, while Efemcukuru continued to deliver on expectations.