| Eldorado Gold reports 1Q loss | |
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Vancouver, British Columbia (AP) _ Eldorado Gold Corp. (T.ELD) on Thursday reported a loss of $7.8 million (9.9 million CAD) in its first quarter.
The Vancouver, British Columbia-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, were 3 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The gold mining company posted revenue of $226.6 million (286.5 million CAD) in the period.
Eldorado Gold shares have dropped 15 percent since the beginning of the year. The stock has decreased almost 8 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on T.ELD at http://www.zacks.com/ap/T.ELD
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Keywords: Eldorado Gold, Earnings Report
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Eldorado Gold Corporation
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PRODUCER |
CODE : ELD.TO |
ISIN : CA2849021035 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Eldorado Gold is a gold producing company based in Canada. Eldorado Gold produces gold, iron in Brazil, in China, in Mexico and in Turkey, develops gold and silver in China and in Greece, and holds various exploration projects in Brazil and in China. Its main assets in production are KISLADAG and EFEMÇUKURU in Turkey, LA TRINIDAD - ELDORADO in Mexico, TANJIANSHAN, JINFENG, JIANCHALING, WHITE MOUNTAIN and BEYINHAR in China and VILA NOVA in Brazil, its main assets in development are EASTERN DRAGON in China and PERAMA HILL in Greece and its main exploration properties are HEI-SHAN (SHANDONG) and ZHANGJIASHAN in China and TOCANTINZINHO in Brazil. Eldorado Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 13.6 billions as of today (US$ 10.9 billions, € 9.6 billions). Its stock quote reached its lowest recent point on August 03, 2001 at CA$ 0.21, and its highest recent level on March 28, 2024 at CA$ 19.04. Eldorado Gold has 716 820 032 shares outstanding. |