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0.00258397932816543 0.00387596899224809 0 0 -0.00387596899224809 -0.00258397932816532 0.00775193798449619 0.0193798449612404
Stock impact report

Eldorado Gold: I Stay Bullish After Q1 Production Report [Seeking Alpha]

Eldorado Gold Corporation Ordinary Shares (EGO) 
Last eldorado gold corporation ordinary shares earnings: 4/30 05:09 pm Check Earnings Report
US:NYSE Investor Relations: eldoradogold.com/investors/default.aspx
Company Research Source: Seeking Alpha
SummaryEldorado Gold reports its Q1 production results which are a bit softer than originally expected.Rainfall and virus containment measures in Canada had a negative impact on production.I believe that other mines of the company will not suffer shutdowns despite the challenging virus situation in Turkey.Eldorado Gold is set to benefit from high gold prices, and its shares have more room for upside.The coronavirus pandemic changed the situation for all gold mining stocks including Eldorado Gold (EGObullishreleasedSource: Eldorado Gold press releaseEldorado Gold reported that its first-quarter production totaled 115,949 ounces of gold. First-quarter production was lower than originally anticipated as rainfall led to increased solution volumes. However, gold contained in excess solution will be recovered in upcoming months.All company mines except Efemcukuru showed year-over-year increases in production. Efemcukuru had lower grades, which was expected. Importantly, production at Olympi Show less Read more
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