Core Viewpoint - Eldorado Gold Corporation has released an updated Technical Report for the Lamaque Complex, highlighting an 8-year mine life with a production of 1.2 million ounces of gold in the Reserve Case and a potential extension of mine life by 9 years with an additional 1.5 million ounces in the PEA Case [1][2]. Summary by Sections Technical Report Highlights - The Lamaque Complex Technical Report includes updated life-of-mine plans based on Mineral Reserves and Inferred Mineral Resources [1][3]. Reserve Case Highlights - The Reserve Case outlines an 8-year mine life producing 1.2 million ounces of gold with an All-In Sustaining Cost (AISC) of $1,176 per ounce [2][8]. - The after-tax Net Present Value (NPV) at a gold price of $2,000 per ounce is $555 million, and at $2,600 per ounce, it is $1.1 billion [8][19]. PEA Case Highlights - The PEA Case indicates a potential extension of mine life to 17 years, producing an incremental 1.5 million ounces of gold [2][8]. - The average annual gold production is expected to be approximately 185,000 ounces through 2036, with an AISC of $1,149 per ounce [8][19]. - The after-tax NPV for the PEA Case is $623 million at a gold price of $2,000 per ounce and $1.1 billion at $2,600 per ounce, with an incremental Internal Rate of Return (IRR) of 43.5% and 68.2% respectively [8][19]. Exploration Potential - Significant exploration potential exists to grow Mineral Resources in existing deposits, particularly in the Ormaque and Triangle deposits, which remain open at depth [9][10]. - The company is well-positioned with a large, under-explored land package in the Val d'Or area, continuing to assess exploration opportunities [10][11]. Operational Developments - The development of the Ormaque deposit will add a second underground mine to the Lamaque Complex, enhancing operational flexibility and efficiency [11][12]. - The company has successfully brought the Triangle deposit into commercial production and has produced nearly one million ounces of gold since acquisition in 2017 [11][21]. Financial Performance - Since the acquisition of the Lamaque Complex for $430 million, it has generated over $300 million in net cash flow, indicating strong financial performance [19][21]. - The company maintains an optimistic view of the long-term potential at the Lamaque Complex based on favorable findings from the Technical Report [13].

Shares of Eldorado Gold Corporation (EGO) have gained 3.7% over the past four weeks to close the last trading session at $15.53, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $19.84 indicates a potential upside of 27.8%.The mean estimate comprises 11 short-term price targets with a standard deviation of $2.39. While the lowest estimate of $16.60 indicates a 6.9% increase from ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tri ...

Alluvial Gold Research offers in-depth research on my favorite miners ranked in order to aid in positioning in the most undervalued miners with upcoming catalysts to drive portfolio outperformance. Subscribers also get access to my current portfolios and buy/sell alerts as well as the following:Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, an ...

Eldorado Gold Corporation (EGO) announced its preliminary gold production of 155,669 ounces for fourth-quarter 2024, up 24.3% from the third quarter of 2024. The upside was driven by solid performances at EGO’s Lamaque Complex and Kisladag. The Efemcukuru mine’s production  met expectations. Eldorado Gold’s Mine PerformanceLamaque Complex’s fourth-quarter gold production increased 47.6% from the third quarter of 2024 to a record 63,742 ounces. The upside was driven by higher ore grade and mill throughput. E ...

Mining Stocks and Investment Ideas - The Royalty & Streaming Corner focuses on precious and industrial metals royalty and streaming companies, while also providing investment ideas from the broader mining sector [1] - The "Top 5 Mining Stocks to Watch" list for 2025 is introduced, following the success of the 2024 list, which generated strong returns for the five companies included [1] - IAMGOLD is mentioned as one of the companies in the 2024 list, with performance data as of December 25 [1] Analyst Background and Expertise - Peter Arendas is an associate professor at the University of Economics in Bratislava with over 15 years of investing experience [2] - Peter specializes in small and mid-cap companies in the resource sector, with a focus on the precious and industrial metals royalty and streaming industry [2] Investment Group Offerings - The Royalty & Streaming Corner, led by Peter, provides in-depth analysis of long-only investment ideas, actionable research, model portfolios, and discussions of the latest news [1] - The group offers direct access for questions in chat, allowing for interactive engagement with members [1]

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Zacks has develo ...

VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) announces that the Toronto Stock Exchange (the “TSX”) has accepted for filing Eldorado’s Notice in respect of a normal course issuer bid (the “NCIB”). Purchases will be made on the open market through the facilities of the TSX and/or alternative Canadian trading systems. Pursuant to the NCIB, Eldorado may purchase up to 350,000 of its common shares (the “Shares”) representing approximately ...

Alluvial Gold Research offers in-depth research on my favorite miners ranked in order to aid in positioning in the most undervalued miners with upcoming catalysts to drive portfolio outperformance. Subscribers also get access to my current portfolios and buy/sell alerts as well as the following:Analyst’s Disclosure: I/we have a beneficial long position in the shares of IAUX, IAU:CA, BTG, BTO:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my ow ...

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. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...