Wed, Jul 30, 2014, 7:28 AM EDT - U.S. Markets open in 2 hrs 2 mins

Recent

% | $
Click the to save as a favorite.

Eldorado Gold Corp. Message Board

  • gobal_warning gobal_warning Sep 30, 2013 9:11 PM Flag

    CREDIT SUISSE LIKES LOW COST GOLD PRODUCERS!!

    Despite Citi raising its target, that $1,250 is still a lot lower than many miners were expecting to have to cope with. One that might be poised to prosper despite lower gold prices: Eldorado Gold (EGO). In a report released last week, Credit Suisse analysts Anita Soni and Robert Reynolds explained why:

    EGO is well set up to weather a lower gold price environment with lower than peer average all-in sustaining costs at $950/oz in 2013; a strong balance sheet with $744M in cash, a $375M undrawn credit facility and $600M in LT debt due in 2020; and strong operations with 2013 guidance tightened to 745koz at $520/oz cash op. costs, the middle upper end of original production guidance. In H1/13, EGO produced 47% of production guidance at $492/oz cash op. costs.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
EGO
7.64-0.05(-0.65%)Jul 29 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.