Eldorado Gold Corp
ELD
ISIN CA2849025093 / Valor 45526591
Eldorado Gold Corp
UMushroom community rating:
About company
Eldorado Gold Corp is a mid-tier gold and base metals producer with operations in Türkiye, Canada, and Greece. The company is involved in all aspects of mining, from exploration to production to reclamation. Eldorado Gold's vision is to build a safe, sustainable, and high-quality business in the gold mining sector, aiming to create value for both present and future generations.
Summarized from source with an LLMView SourceSector: Non-Energy MaterialsLatest Results (07.08.2024):
Revenue Growth
In Q2 2024, Eldorado Gold Corp reported a revenue of $297.1 million, marking a significant increase of 30% from the $229.0 million recorded in Q2 2023. This growth was primarily driven by higher average realized gold prices and increased sales volumes.
Net Cash from Operations
Net cash generated from operating activities from continuing operations for Eldorado Gold Corp in Q2 2024 was $112.2 million, compared to $75.3 million in Q2 2023. The increase was mainly due to higher revenue, although it was partially offset by higher income taxes paid.
Net Earnings
Eldorado Gold Corp's net earnings attributable to shareholders from continuing operations in Q2 2024 were $56.4 million, or $0.28 per share. This is a substantial rise from the $1.5 million, or $0.01 per share, reported in Q2 2023, driven by higher revenue.
Adjusted EBITDA
Adjusted EBITDA for Eldorado Gold Corp in Q2 2024 was $155.3 million, up from $106.8 million in Q2 2023. The increase was driven by higher revenue, although it was partially offset by unrealized derivative losses and a lower foreign exchange gain.
Free Cash Flow
Free cash flow for Eldorado Gold Corp was negative $32.0 million in Q2 2024, compared to negative $21.7 million in Q2 2023. The decrease was primarily due to continued investment activities at Skouries, partially offset by higher operating cash flow from increased gold prices and sales volumes.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3103 M
Market cap (USD)
501,389
Daily traded volume (Shares)
21.9 / 21.56
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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