tiprankstipranks
Eldorado Gold Reports Strong Q2 Results, Revenue Up
Company Announcements

Eldorado Gold Reports Strong Q2 Results, Revenue Up

Story Highlights

Eldorado Gold (TSE:ELD) has released an update.

Pick the best stocks and maximize your portfolio:

Eldorado Gold Corporation released its Q2 2024 financial and operational results, showcasing a 12% year-over-year increase in gold production and a 30% surge in revenue, attributed mainly to higher gold prices and sales volumes. Despite higher production costs, the company is keeping to its 2024 gold production guidance, expecting to maintain robust performance through the year’s second half.

For further insights into TSE:ELD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskEldorado Gold Increases Mineral Reserves in 2024 Update
TheFlyEldorado Gold price target lowered to C$27 from C$28 at Stifel
TheFlyLargest borrow rate increases among liquid names
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App