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Eldorado Gold ( (TSE:ELD) ) just unveiled an announcement.
Eldorado Gold reported a robust gold production of 520,293 ounces in 2024, surpassing the midpoint of its guidance range. This marks a 7% increase compared to 2023, driven by strong performances at the Lamaque Complex and Kisladag mines. The impressive production results underline Eldorado’s strategic focus on maximizing output from its assets, enhancing its position in the gold mining sector. Stakeholders can anticipate continued growth and stability in the company’s operations, as evidenced by its solid fourth-quarter production and adherence to its production guidance.
More about Eldorado Gold
Eldorado Gold Corporation is a prominent player in the mining industry, primarily focused on the extraction and production of gold. The company operates several mines, including the Lamaque Complex, Kisladag, Efemcukuru, and Olympias, aiming to deliver consistent growth in gold output.
YTD Price Performance: -2.04%
Average Trading Volume: 1,258,186
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.28B
See more data about ELD stock on TipRanks’ Stock Analysis page.