Type
|
Public |
---|---|
Traded as | TSX: ELD NYSE: EGO |
Industry | Gold |
Founded | 1992 but amalgamated as Eldorado Gold Corporation in 1996 |
Headquarters | Vancouver, British Columbia, Canada |
Number of locations
|
Brazil, Greece, Romania, Serbia, Turkey |
Key people
|
Paul N. Wright (President & CEO) Paul Skayman (COO) Fabiana Chubbs (CFO) Dawn Moss (EVP Administration) |
Revenue | US$863.3 million (2015) |
Operating income
|
US$256.92 million (2015) |
Net income
|
US$(1.645) billion (2015) |
Total assets | US$5.464 billion (2015) |
Total equity | US$3.752 billion (2015) |
Number of employees
|
4,600 (end 2016) |
Subsidiaries | Tuprag www.tuprag.com.tr Hellas Gold www.hellas-gold.com |
Website | www.eldoradogold.com |
Eldorado Gold Corporation is a Canadian mid-cap gold mining company. It has assets in Turkey, Greece, Romania, Brazil and Serbia. Eldorado's activities involve all facets of mining, including exploration, development, production and reclamation.
With headquarters in Vancouver, Eldorado's 14 offices and operations employ over 4,600 people worldwide. The company operates as a decentralized business unit with the majority of employees and management being nationals of the country where offices are located.
Eldorado has over 20 years of experience in building and operating mines globally. The company is dedicated to responsible operations, the highest safety and environmental standards and working with stakeholders to enhance the communities where it operates.
Eldorado is publicly traded on the Toronto Stock Exchange (TSX: ELD) and on the New York Stock Exchange (NYSE: EGO).
Eldorado has two operating gold mines, Kisladag and Efemcukuru, both of which are in western Turkey. Together, these produce about 40% of Turkey's total annual gold production.
Eldorado also operates a small silver-lead-zinc mine in Greece: Stratoni.
Eldorado produced just over 485,000 ounces of Au in 2016 at average cash operating costs of US$578 per ounce and all in sustaining costs of approximately $915 per ounce.
At the end of 2015, the company had proven and probable gold reserves of approximately 25 million ounces.
The company estimates it will produce between 365,000-400,000 ounces of gold at cash operating costs between $485–535 per ounce in 2017.
Eldorado operates in Turkey under its subsidiary: Tuprag and in Greece under its subsidiaries: Hellas Gold and Thracean Gold Mining.
Eldorado produced 486,025 ounces of gold in 2016 at all-in sustaining costs of approximately $900 per ounce. The Company generated $605.9 million in revenue and reported a loss of $344.2 million for full year 2016.
In Q1 2017 Eldorado produced 75,172 ounces of gold at all-in sustaining cash costs of $791 per ounce. The Company reported adjusted net earnings for the quarter of $8 million and also announced it had commissioned phase II development at its Olympias gold mien in Greece.
Eldorado has three development projects in Greece, one in Romania and one in Brazil.
Greece Hellas Gold's three assets are located in the Halkidiki peninsula in northern Greece. Hellas Gold operates Stratoni, an underground, silver-lead-zinc mine and is developing Olympias, a polymetallic deposit and Skouries, a gold-copper porphyry. All three projects have full environmental approvals, that have been challenged and upheld on multiple occasions by the Council of State, Greece’s Supreme Court on environmental and administrative affairs.
Thracean Gold Mining holds Perama Hill, a gold-silver vein deposit in Thrace, which is currently on care and maintenance pending receipt of the Environmental Impact Assessment permit.
In Romania, Eldorado is working to develop the Certej project, an epithermal gold-silver deposit in the Apuseni Mountains. In Brazil, Eldorado is developing the Tocantinzinho gold project in the Tapajos district in Para State.
Eldorado completed the sale of its four Chinese assets in Q3/Q4 2016.
In May 2017 Eldorado announced it would acquire junior explorer Integra Gold Corp. in a cash and share transaction valued at CA$590 million.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2021 | 2022-10-26 | Future report Set alerts | |
Q2 2021 | 2022-07-28 | 0.08 | 0.08 |
Q2 2022 | 2022-07-27 | Future report Set alerts | |
Q1 2022 | 2022-04-28 | Future report Set alerts | |
Q4 2021 | 2022-02-24 | Future report Set alerts | |
Q1 2021 | 2021-04-29 | 0.12 | 0.12 |
Q4 2020 | 2021-02-25 | 0.33 | 0.33 |
Q3 2020 | 2020-10-29 | 0.00 | 0.00 |
Q2 2020 | 2020-07-30 | 0.26 | 0.26 |
Q1 2020 | 2020-04-30 | 0.08 | -0.03 |
2016-07-07 | Reiterated Rating | HSBC | Buy | |
2016-06-27 | Upgrade | Raymond James | Market Perform to Outperform | |
2016-06-27 | Upgrade | Raymond James Financial Inc. | Market Perform to Outperform | |
2016-06-05 | Reiterated Rating | Credit Suisse | Buy | $6.00 |
2016-06-05 | Reiterated Rating | Credit Suisse Group AG | Buy | $6.00 |
2016-05-18 | Upgrade | Scotiabank | Sector Perform to Outperform | |
2016-05-18 | Upgrade | Howard Weil | Sector Perform to Outperform | |
2016-05-17 | Reiterated Rating | RBC Capital | Outperform | $6.00 to $7.00 |
2016-05-17 | Reiterated Rating | Royal Bank Of Canada | Outperform | $6.00 to $7.00 |
2016-05-16 | Downgrade | Dundee Securities | Buy to Neutral | |
2016-05-16 | Reiterated Rating | TD Securities | Buy | $5.50 to $6.00 |
2016-05-16 | Reiterated Rating | Bank of America | Sell | |
2016-05-16 | Reiterated Rating | Bank of America Corp. | Sell | |
2016-05-10 | Reiterated Rating | RBC Capital | Outperform | $4.00 to $6.00 |
2016-05-09 | Upgrade | Dundee Securities | Neutral to Buy | |
2016-05-09 | Upgrade | Canaccord Genuity | Hold to Buy | $5.75 to $7.00 |
2016-04-11 | Reiterated Rating | Credit Suisse | Buy | |
2016-04-08 | Upgrade | Credit Suisse | Neutral to Outperform | $3.25 to $4.00 |
2016-04-08 | Boost Price Target | CIBC | $3.25 to $3.50 | |
2016-03-31 | Reiterated Rating | TD Securities | Buy | $5.00 to $4.50 |
2016-03-30 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $6.00 to $6.50 |
2016-03-25 | Lower Price Target | TD Securities | Buy | $5.00 to $4.50 |
2016-03-24 | Reiterated Rating | Credit Suisse | Neutral | $3.25 to $3.00 |
2016-03-14 | Boost Price Target | Raymond James | $4.25 to $5.00 | |
2016-03-12 | Downgrade | Northcoast Research | Buy to Neutral | |
2016-03-11 | Downgrade | Bank of America | Neutral to Underperform | |
2016-02-16 | Downgrade | Canaccord Genuity | Buy to Hold | |
2016-02-05 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | |
2016-01-27 | Reiterated Rating | RBC Capital | Outperform | $3.50 to $3.00 |
2016-01-26 | Reiterated Rating | Canaccord Genuity | Buy | $4.25 to $4.00 |
2016-01-26 | Upgrade | Dundee Securities | Sell to Neutral | |
2016-01-25 | Downgrade | CIBC | Sector Outperform to Sector Perform | |
2016-01-19 | Lower Price Target | RBC Capital | Outperform | $4.00 to $3.50 |
2016-01-14 | Lower Price Target | Barclays | $5.00 to $3.50 | |
2016-01-14 | Lower Price Target | Barclays PLC | $5.00 to $3.50 | |
2016-01-13 | Upgrade | TD Securities | Buy | $3.75 |
2016-01-13 | Lower Price Target | HSBC | Buy | $5.20 to $3.80 |
2016-01-13 | Lower Price Target | CIBC | Sector Outperformer | $5.00 to $3.50 |
2016-01-13 | Upgrade | Canaccord Genuity | Hold to Buy | $4.25 |
2015-12-03 | Reiterated Rating | TD Securities | Hold | $8.00 to $6.00 |
2015-11-03 | Boost Price Target | RBC Capital | Outperform | $4.25 to $4.50 |
2015-10-30 | Boost Price Target | Credit Suisse | $3.75 to $4.25 | |
2015-10-06 | Boost Price Target | Credit Suisse | Neutral | $3.25 to $3.75 |
2015-09-22 | Upgrade | Paradigm Capital | Hold to Buy | |
2015-09-08 | Lower Price Target | HSBC | Buy | $5.60 to $5.20 |
2015-09-01 | Lower Price Target | Scotiabank | $4.00 to $3.75 | |
2015-08-25 | Downgrade | Scotiabank | Outperform to Sector Perform | |
2015-08-25 | Reiterated Rating | RBC Capital | Buy | $4.25 |
2015-08-24 | Lower Price Target | Scotiabank | $7.00 to $4.00 | |
2015-08-24 | Downgrade | Howard Weil | Outperform to Sector Perform | |
2015-08-24 | Lower Price Target | RBC Capital | Outperform | $5.50 to $5.00 |
2015-08-24 | Downgrade | Canaccord Genuity | Buy to Hold | $6.00 to $4.50 |
2015-08-21 | Downgrade | Raymond James | Outperform to Market Perform | |
2015-08-20 | Downgrade | Credit Suisse | Outperform to Neutral | |
2015-08-20 | Initiated Coverage | TD Securities | Hold | $4.50 |
2015-08-19 | Lower Price Target | BMO Capital Markets | Outperform to Market Perform | $7.00 to $5.00 |
2015-08-14 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $5.00 to $7.00 |
2015-08-10 | Lower Price Target | RBC Capital | Outperform | $6.50 to $5.50 |
2015-08-04 | Lower Price Target | Scotiabank | $7.50 to $7.00 | |
2015-07-31 | Upgrade | Canaccord Genuity | Hold to Buy | |
2015-07-16 | Reiterated Rating | Barclays | Equal Weight | $7.00 to $5.00 |
2015-06-24 | Lower Price Target | Credit Suisse | Neutral | $6.00 to $5.25 |
2015-06-24 | Lower Price Target | Morgan Stanley | $6.50 to $6.00 | |
2015-06-16 | Initiated Coverage | BMO Capital Markets | Market Perform | |
2015-06-01 | Reiterated Rating | Canaccord Genuity | Hold | $6.50 to $6.75 |
2015-05-01 | Reiterated Rating | Canaccord Genuity | Hold | |
2015-03-12 | Lower Price Target | RBC Capital | Outperform | $7.50 to $6.50 |
2015-02-26 | Upgrade | Goldman Sachs | Sell to Neutral | |
2015-02-26 | Upgrade | Goldman Sachs Group Inc. | Sell to Neutral | |
2015-02-23 | Reiterated Rating | Canaccord Genuity | Hold | |
2015-02-02 | Upgrade | Macquarie | Neutral to Outperform | |
2015-01-27 | Upgrade | Canaccord Genuity | Sell to Hold | |
2015-01-21 | Downgrade | Canaccord Genuity | Hold to Sell | $9.00 to $8.75 |
2015-01-21 | Downgrade | TD Securities | Buy to Hold | |
2015-01-21 | Downgrade | Credit Suisse | Outperform to Neutral | |
2015-01-15 | Lower Price Target | Barclays | Equal Weight | $8.00 to $7.00 |
2014-11-03 | Reiterated Rating | Barclays | Equal Weight | $9.00 to $8.00 |
2014-10-03 | Upgrade | RBC Capital | Sector Perform to Outperform | $7.08 to $9.00 |
2014-08-04 | Reiterated Rating | Barclays | Equal Weight | $7.00 to $9.00 |
2014-07-17 | Boost Price Target | Credit Suisse | $9.00 to $10.00 | |
2014-07-10 | Downgrade | Canaccord Genuity | Buy to Hold | $9.00 |
2014-07-09 | Boost Price Target | RBC Capital | $8.50 to $9.00 | |
2014-07-08 | Boost Price Target | Morgan Stanley | $7.30 to $7.80 | |
2014-05-05 | Upgrade | Cormark | Buy | |
2014-04-04 | Upgrade | Canaccord Genuity | Hold to Buy | |
2014-02-25 | Downgrade | Haywood Securities | Hold | |
2014-02-24 | Downgrade | TD Securities | Buy | |
2014-02-24 | Downgrade | Mackie | Buy to Hold | |
2014-01-20 | Reiterated Rating | RBC Capital | Sector Perform | |
2014-01-17 | Lower Price Target | Barclays | Equal Weight | $8.00 to $7.00 |
2014-01-17 | Lower Price Target | Raymond James | $10.50 to $9.50 | |
2013-11-26 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $8.00 to $7.70 |
2013-11-11 | Lower Price Target | TD Securities | Action Buy List | $11.00 to $10.00 |
2013-11-11 | Reiterated Rating | RBC Capital | Sector Perform | $9.00 |
2013-11-11 | Reiterated Rating | CIBC | Sector Outperform | $9.00 |
2013-11-11 | Boost Price Target | Canaccord Genuity | Hold | $7.75 to $8.00 |
2013-11-11 | Lower Price Target | Barclays | Equal Weight | $9.00 to $8.00 |
2013-11-11 | Upgrade | Mackie | Hold to Buy | |
2013-10-24 | Initiated Coverage | Canaccord Genuity | Hold | |
2013-10-22 | Lower Price Target | Haywood Securities | Buy | $14.25 to $7.50 |
2013-09-20 | Initiated Coverage | Goldman Sachs | Sell | $4.50 |
2013-02-25 | Reiterated | Barclays | Equal Weight | $15 to $14 |
2012-07-30 | Upgrade | Stifel Nicolaus | Hold to Buy | $14.50 |
2012-04-13 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $18.50 to $20 |
2010-03-23 | Initiated | Global Hunter Securities | Sell | $11 |
2009-11-05 | Upgrade | RBC Capital Mkts | Sector Perform to Outperform | |
2009-08-27 | Upgrade | BMO Capital Markets | Market Perform to Outperform | |
2009-04-27 | Reiterated | Rodman & Renshaw | Mkt Outperform | $10.25 to $11 |
2009-04-15 | Upgrade | UBS | Neutral to Buy |
2016-07-07 | Reiterated Rating | HSBC | Buy | |
2016-06-27 | Upgrade | Raymond James | Market Perform to Outperform | |
2016-06-27 | Upgrade | Raymond James Financial Inc. | Market Perform to Outperform | |
2016-06-05 | Reiterated Rating | Credit Suisse | Buy | $6.00 |
2016-06-05 | Reiterated Rating | Credit Suisse Group AG | Buy | $6.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In EGO 110 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
VAN ECK ASSOCIATES CORP | 19.79M |
DONALD SMITH & CO., INC. | 9.81M |
BlackRock Inc. | 7.90M |
Vanguard Group, Inc | 6.26M |
RENAISSANCE TECHNOLOGIES LLC | 5.25M |
GOLDMAN SACHS GROUP INC | 4.17M |
Invesco Ltd. | 3.09M |
FRANKLIN RESOURCES INC | 2.59M |
DIMENSIONAL FUND ADVISORS LP | 2.41M |
WELLINGTON MANAGEMENT CO LLP | 1.94M |
SCHRODER INVESTMENT MANAGEMENT GROUP | 1.46M |
GABELLI FUNDS LLC | 1.39M |
MORGAN STANLEY | 1.27M |
TWO SIGMA ADVISERS, LLC | 1.17M |
Connor, Clark & Lunn Investment Management Ltd. | 1.06M |