Eldorado Gold (EGO) Reports In-Line Q3 EPS

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Eldorado Reports Third Quarter 2016 Results

October 27, 2016 5:30 PM EDT

TSX: ELD   NYSE: EGO

VANCOUVER, Oct. 27, 2016 /PRNewswire/ - Eldorado Gold Corporation, ("Eldorado" or "the Company") today reported the Company's financial and operational results for the third quarter ended September 30, 2016. 

Third Quarter Summary (including discontinued operations)

Gold production totaled 117,782 ounces (2015: 183,226 ounces). Average cash costs of $566 per ounce; all-in sustaining cash costs averaged $890 per ounce. Revenues totaled $156.0 million on sales of 116,882 ounces of gold. Average realized price of $1,335 per ounce of gold. Profit attributable to shareholders was $20.7 million or $0.03 per share... More