INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Eldorado Gold Corporation - EGO

Core Viewpoint - Eldorado Gold Corporation is facing an investigation regarding potential securities fraud and unlawful business practices, coinciding with recent operational challenges and increased project costs [1][2]. Group 1: Company Operations - Eldorado provided an update on its Skouries Project, indicating that labor market tightness in Greece has limited the availability of key construction personnel, leading to a slower ramp-up of the workforce and delays in project progress [2]. - The company now expects first production at Skouries in Q1 2026, with commercial production anticipated in mid-2026 [2]. - The revised capital cost estimate for the Skouries Project has increased by approximately $143 million, or 15.5%, bringing the total to around $1.06 billion [2]. - Eldorado plans to accelerate the purchase of higher capacity mobile mining equipment, resulting in $154 million of accelerated operational capital prior to commercial production [2]. Group 2: Market Reaction - Following the announcement of the operational updates and increased costs, Eldorado's stock price fell by $1.78 per share, or 11.27%, closing at $14.01 per share on February 6, 2025 [2].