Eldorado Gold (EGO) Posts Q4 GAAP Loss of $1.79/Share
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Eldorado Reports 2015 Year-End and Fourth Quarter Financial and Operational Results
March 23, 2016 6:04 PM EDT2015: Another Solid Year of Production
TSX: ELDÂ Â NYSE: EGO
VANCOUVER, March 23, 2016 /PRNewswire/ - Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce the Company's financial and operational results for the year ended December 31, 2015. Eldorado reported strong gold production of 723,532 ounces (2014: 789,224 oz) at an average cash operating cost of $552 per ounce (2014: $500/oz). Adjusted net earnings for 2015 were $13.2 million ($0.02 per share) compared to $138.7 million ($0.19 per share) in 2014.
"In a year marked by permitting challenges in Greece, coupled with continued metal price volatility, I am pleased to report that... More
