Eldorado Reports Second Quarter 2016 Results

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Eldorado Gold (EGO) Reports In-Line Q2 EPS

July 28, 2016 5:51 PM EDT

Eldorado Gold (NYSE: EGO) reported Q2 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $107 million versus the consensus estimate of $190.99 million.

Outlook

Gold production for 2016, including discontinued operations is forecast to be 570,000 ounces of gold with average cash costs for commercial production of $595 per ounce and all-in sustaining cash costs of $930 per ounce. Previous... More