Eldorado Gold Corp. (EGO) In-Line with Street for Q3
Eldorado Gold Corp. (NYSE: EGO) reports Q3 EPS of $0.08, even with the analyst estimate of $0.08. Revenue for the quarter was $82.60 million, which compares to the estimate of $96.61 million.
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Eldorado Gold Corp.
Mark Emond on Oct 30, 2009 06:12 PMReaction to Eldorado's earnings by quarter is stupid. The company has large gold stocks in Turkey, Brazil, China, and other countries and is producing it at less than $300 an ounce. The price of gold is over $1,000. With mining companies like Eldorado, investors must have patience. Good by earnings investors.