Eldorado Gold(EGO)

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Are Basic Materials Stocks Lagging Eldorado Gold (EGO) This Year?
ZACKS· 2024-06-11 14:40
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Eldorado Gold Corporation (EGO) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three ...
Eldorado Gold Announces Election of Directors and Voting Results from Annual Meeting of Shareholders
GlobeNewswire News Room· 2024-06-05 11:05
Core Points - Eldorado Gold Corporation announced the election of all director nominees at the Annual Meeting of Shareholders held on June 4, 2024 [1] - The company is focused on advancing construction at the Skouries project and delivering value at existing operations [2] - Pamela Gibson did not stand for re-election as part of the Board succession plan, having been a key driver of governance and diversity efforts since 2014 [3] Election of Directors - George Burns received 126,415,559 votes for (99.74%) and was elected [4] - Carissa Browning received 125,700,848 votes for (99.17%) and was elected [4] - Teresa Conway received 125,266,018 votes for (98.83%) and was elected [4] - Catharine Farrow received 125,396,279 votes for (98.93%) and was elected [4] - Judith Mosely received 125,484,753 votes for (99.00%) and was elected [4] - Steven Reid received 124,358,782 votes for (98.11%) and was elected [4] - Stephen Walker received 125,503,074 votes for (99.02%) and was elected [4] - John Webster received 124,938,787 votes for (98.57%) and was elected [4] Other Resolutions Approved - Appointment of independent auditors was carried with 136,174,451 votes for (98.73%) [5] - Authorization for the Board of Directors to set the auditor's pay was carried with 125,600,913 votes for (99.09%) [6] - Non-binding advisory vote on executive compensation was carried with 123,040,252 votes for (97.07%) [7] Company Overview - Eldorado Gold is a gold and base metals producer with operations in Turkiye, Canada, and Greece [7] - The company emphasizes a skilled workforce, safe operations, and long-term community partnerships [7] - Eldorado's shares are traded on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO) [7]
Eldorado Gold Announces Election of Directors and Voting Results from Annual Meeting of Shareholders
Newsfilter· 2024-06-05 11:05
Core Points - Eldorado Gold Corporation announced the election of all director nominees at the Annual Meeting of Shareholders held on June 4, 2024 [1] - The company is focused on advancing construction at the Skouries project and delivering value at existing operations [2] - Pamela Gibson did not stand for re-election as part of the Board succession plan, having been a key driver of governance and diversity efforts since 2014 [3] Election of Directors - George Burns received 126,415,559 votes for (99.74%) and was elected [4] - Carissa Browning received 125,700,848 votes for (99.17%) and was elected [4] - Teresa Conway received 125,266,018 votes for (98.83%) and was elected [4] - Catharine Farrow received 125,396,279 votes for (98.93%) and was elected [4] - Judith Mosely received 125,484,753 votes for (99.00%) and was elected [4] - Steven Reid received 124,358,782 votes for (98.11%) and was elected [4] - Stephen Walker received 125,503,074 votes for (99.02%) and was elected [4] - John Webster received 124,938,787 votes for (98.57%) and was elected [4] Other Resolutions Approved - Appointment of independent auditors was carried with 136,174,451 votes for (98.73%) [5] - Authorization for the Board of Directors to set the auditor's pay was carried with 125,600,913 votes for (99.09%) [6] - Non-binding advisory vote on executive compensation was carried with 123,040,252 votes for (97.07%) [7] Company Overview - Eldorado Gold is a gold and base metals producer with operations in Turkiye, Canada, and Greece [7] - The company emphasizes a skilled workforce, safe operations, and long-term community partnerships [7] - Eldorado's shares are traded on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO) [7]
Eldorado Gold Publishes 2023 Sustainability Report; Our Sustainability Framework in Action
Newsfilter· 2024-05-31 21:05
Core Message - Eldorado Gold Corporation published its 2023 Sustainability Report, highlighting its ESG performance and achievements across its global operations [1][2] Sustainability Framework Pillars Safe, Inclusive and Innovative Operations - Achieved AAA level in Biodiversity Conservation Management and Tailings Management at Olympias against MAC-TSM standards [2] - Reduced potentially fatal occurrence frequency rate by 20% globally [6] - Achieved a 10% reduction in lost-time injury frequency rate (LTIFR) from 2022, the lowest in 12 years [6] Responsibly Produced Products - Received full conformance assurance with the World Gold Council's Responsible Gold Mining Principles (RGMP) Year 3 requirements [6] - Formally adopted the first-ever Supplier Code of Conduct across global operations [6] Engaged and Prosperous Communities - Board of Directors composition exceeded diversity targets with 56% female representation and 11% from other designated groups [6] - 79% of employees hired from local communities and 99% from the countries where the company operates [6] - Paid $693 million to domestic suppliers, an 18% increase from 2022 [6] - Invested $4.29 million in community projects, with 56% focused on education, infrastructure, and economic development [6] - Zero major community or human rights incidents reported [7] Healthy Environments Now and for the Future - No major environmental incidents or significant spills across global sites [13] - Implemented Climate Change Strategy targeting a 30% reduction in GHG emissions by 2030 from 2020 levels [13] - Operationalized the first electric haul truck at the Lamaque Complex for underground operations [13] Reporting Standards - The 2023 Sustainability Report aligns with GRI Universal Standards, SASB Metals & Mining Standard, and UN Guiding Principles Reporting Framework [9] Company Overview - Eldorado Gold is a gold and base metals producer with operations in Canada, Türkiye, and Greece [11] - The company trades on the Toronto Stock Exchange (TSX:ELD) and the New York Stock Exchange (NYSE:EGO) [11]
Is Eldorado Gold (EGO) a Solid Growth Stock? 3 Reasons to Think "Yes"
Zacks Investment Research· 2024-05-01 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...
EGO vs. FNV: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-05-01 16:41
Investors interested in Mining - Gold stocks are likely familiar with Eldorado Gold Corporation (EGO) and Franco-Nevada (FNV) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify ...
Eldorado Gold(EGO) - 2024 Q1 - Earnings Call Transcript
2024-04-26 20:03
Yes. I mean, well, Simon grabs that number. I'd say, Kerry, that we have come to the recognition that Q1 is going to be weak going forward and historically has been just winter months crushing and conveying material to the heaps a bit of a challenge. And this Q1, we actually had a tire change lined up for our high pressure grinding roll crusher. So some additional downtime to rebuild that. But we're expecting to see the production ramp up through the warmer weather, Q2 and through the summer and on track to ...
Eldorado Gold(EGO) - 2024 Q1 - Earnings Call Presentation
2024-04-26 16:21
❑ Preassembly of the filter press plates and frames – commenced 10 • Production is expected to remain steady in Q2, with continued improvement expected as we advance the underground development and increase metal production from the Flats zone • Continued optimization of on-belt agglomeration and stacking processes to improve the quality and consistency of stacked ore Q4: Site preparation and relocation of temporary facilities 14% increase over Q1 2023 – driven by productivity improvements Q1 2024 HIGHLIGHT ...
Eldorado Gold Reports First Quarter 2024 Financial and Operational Results; Steady Start to 2024
Newsfilter· 2024-04-25 21:01
VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation ("Eldorado", "Eldorado Gold" or "the Company") today reports the Company's financial and operational results for the first quarter of 2024. For further information please see the Company's Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") filed on SEDAR+ at www.sedarplus.ca under the Company's profile. First Quarter 2024 Highlights Operations Gold production: 117,111 ounces in line wit ...
Eldorado Gold (EGO) Updates on Q1 Tax Impacts in Turkiye
Zacks Investment Research· 2024-04-12 16:46
Eldorado Gold Corporation (EGO) expects the impacts of Turkish current income tax charges on mining revenues (set at 25%) to be reduced by $9-$12 million for the first quarter of 2024.The expected decrease is mostly due to investment tax credits for Kisladag and Efemcukuru, as well as inflationary accounting. The decrease was partially offset by taxable unrealized foreign currency gains, resulting from the Lira's weakening against the U.S. dollar in the first quarter.Eldorado Gold's profits from mining ope ...