Gold mining stocks have largely underperformed gold prices over the past few years. Gold prices fell below $1,600 an ounce Tuesday as strong U.S. economic data and news of Cyprus' bailout deal tarnished the metals safe haven appeal to investors. The SPDR Gold Trust ETF (GLD) has fallen roughly 4.5 percent year-to-date, while the Market Vectors Gold Miners ETF (GDX) has fallen roughly 20 percent over the same period. Five [...]
Eldorado Gold today announced that it is increasing the number of common shares of the Company which may be purchased under its normal course issuer bid from 699,047 Shares to 4,199,047 Shares representing approximately 0.59% of the total 711,375,619 Shares of the Company's issued and outstanding as at March 30, 2012.
Earnings: $0.16 per share - Q4; $0.44 per share - full year 2012(all figures in United States dollars unless otherwise noted)VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/22/13 -- Paul N. Wright, Chief Executive Officer of Eldorado Gold Corporation, ("Eldorado" the "Company" or "we") (TSX: ELD)(NYSE: EGO) is pleased to report on the Company's financial and operational results for the year ended December 31, 2012 [...]
Gold stocks have struggled in 2013 as growing optimism for the global economy has lessened gold's appeal as a safe haven. Both the Market Vectors Gold Miners ETF (GDX) and the Market Vectors Junior Gold Miners ETF (GDXJ) have fallen nearly 20 percent year-to-date. Research Driven Investing examines investing opportunities in the Gold Industry and provides equity research on Eldorado Gold and Kinross Gold
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/20/13 -- Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) confirms it will release its Year End 2012 Financial Results before the market opens on Friday, February 22, 2013. Paul N. Wright Chief Executive Officer of the Company will host a conference call on Friday February 22, 2013 at 11:00 AM PT (2:00 PM ET). All conference call details are as previously announced.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/17/13 -- Eldorado Gold ("the Company", "Eldorado", or "we") (TSX: ELD)(NYSE: EGO) confirms that shortly after midnight on Sunday, February 17, 2013 a masked and armed group of approximately 50 persons illegally entered the Skouries Project in the Municipality of Aristotle, Halkidiki, Greece. The armed attackers assaulted two of our security personnel. One sustained [...]
Gold's appeal as a safe haven increased Wednesday as nation's gross domestic product unexpectedly shrank in the fourth quarter. "Gold is reasserting itself as a flight to quality asset," said Adam Klopfenstein, senior market strategist with Archer Financial. Five Star Equities examines the outlook for companies in the Gold Industry and provides equity research on Eldorado Gold and Jaguar Mining
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/24/13 -- Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) will release its Year End 2012 Financial Results before the market opens on Friday, February 22, 2013. Paul N. Wright Chief Executive Officer of the Company, will host a conference call on Friday February 22, 2013 at 8:30 AM PT (11:30 AM ET).
The call is being webcast by Thomson Reuters and can be accessed at [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/09/13 -- (All figures in United States dollars, unless otherwise noted) -
Paul N. Wright, Chief Executive Officer of Eldorado Gold Corporation ("Eldorado", the "Company" or "We") (TSX: ELD)(NYSE: EGO), is pleased to announce the 2012 operating results and to provide operating guidance for 2013.
2012 Operating Results
The Company's mining operations performed largely [...]
Gold stocks have surged recently on optimism that policy makers would come up with an alternative to the upcoming "fiscal cliff". Gold prices have gained 6 percent in 2012, marking its 12th consecutive year of gains. The Market Vectors Gold Miners ETF (GDX) spiked 3.36 percent on the last trading day of 2012. The Paragon Report examines investing opportunities in the Gold Industry and provides equity research on Eldorado [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/13/12 -- (All figures in US dollars unless otherwise indicated)
Eldorado Gold Corporation ("Eldorado", the "Company" or "We") (TSX: ELD)(NYSE: EGO) today announced the closing of its offering of $600 million aggregate principal amount of 6.125% senior unsecured notes due 2020 (the "Notes").
The Notes have not been and will not be registered under the U.S. Securities Act [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/10/12 -- (All figures in US dollars unless otherwise indicated)
Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) ("Eldorado", the "Company" or "We") today announced it has priced an offering of $600 million aggregate principal amount of 6.125% senior unsecured notes due 2020 (the "Notes"). The Company's offering benefited from a very positive market response, contributing [...]