CA - Eldorado Gold Stock: Room To Stay Bullish At A 7-Year High
2024-04-30 19:59:57 ET
Summary
- We recap the Q1 earnings report from Eldorado Gold.
- The miner offers a strong growth outlook, looking ahead to the completion of its high-grade Skouries project by 2025.
- Record gold pricing supports a positive earnings outlook, which can drive shares higher going forward.
Eldorado Gold Corp ( EGO ) has quietly rallied to its highest level since 2017, gaining momentum in recent months alongside the record price of gold. Indeed, the company reported its latest quarterly results highlighted by solid growth with management guiding for an even stronger second half of the year....
Eldorado Gold Stock: Room To Stay Bullish At A 7-Year High