Eldorado Gold (EGO) Tops Q1 EPS by 1c

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Go back to Eldorado Gold (EGO) Tops Q1 EPS by 1c

Eldorado Reports 2015 First Quarter Financial and Operational Results

April 30, 2015 5:10 PM EDT

Gold production of 189,414 ounces, All-In Sustaining Costs of $729 per ounce

TSX: ELD  NYSE: EGO

VANCOUVER, April 30, 2015 /PRNewswire/ - Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce the Company's financial and operational results for the first quarter 2015.  Eldorado reported gold production of 189,414 ounces (Q1 2014: 196,523 oz) at an average cash cost of $521 per ounce (Q1 2014: $519/oz).  Adjusted net earnings for the first quarter were $19.5 million ($0.03 per share) compared to $37.3 million ($0.05 per share) in the first quarter 2014.

"The solid first quarter production and continued low all-in sustaining cash costs of $729... More