|Bid||5.93 x 0|
|Ask||5.94 x 0|
|Day's Range||5.90 - 6.03|
|52 Week Range||0.73 - 6.50|
|Beta (3Y Monthly)||2.61|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.94|
Following a negative first week of March for the London market where the bullion lost more than $19 per troy ounce or 1.5%, the yellow metal regained $12.9 per troy ounce or 1% over the last six days, closing at $1,305.60 an ounce on Monday. The closing price, which was just 0.5% from the March high of $1,311.95, drove the cumulative average up to $1,303.15 per troy ounce, topping by nearly $35 an ounce or 2.7% the cumulative average price of $1,268.49 for 2018. Warning! GuruFocus has detected 3 Warning Signs with EGO.
Can Kinross Gold Stock Rise above Its Issues in 2019?(Continued from Prior Part)Tasiast expansion The Tasiast expansion project is very important for Kinross Gold (KGC) when it comes to replacing its maturing production. The company completed the
It is doubtless a positive to see that the Eldorado Gold Corporation (TSE:ELD) share price has gained some 45% in the last three months. But will that repair the damageRead More...
Eldorado Gold Corp NYSE:EGOView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for EGO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EGO. Money flowETF/Index ownership | NegativeETF activity is negative but appears to be improving. Over the last one-month, outflows of investor capital in ETFs holding EGO totaled $185 million. However, outflows appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Canada's main stock index hit a five-month high on Tuesday as energy shares gained on higher oil prices and materials companies got a boost from an uptick in gold prices. * At 9:55 a.m. ET (13:55 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 25.07 points, or 0.16 percent, at 16,131.31. * Eight of the index's 11 major sectors were higher, led by the material sector, which includes precious and base metals miners, as gold prices edged up.
The gold industry is a capital-intensive space comprised of companies involved in different steps of the production process, including exploration, development and full-fledged mining. The gold industry has long been viewed as a safe haven in times of geopolitical uncertainty, as gold investments have been used for both portfolio diversification and as a hedge against US currency weakness and high inflation. Gold was one of the first storehouses of value, and is an important mined commodity.
VANCOUVER, British Columbia, Feb. 22, 2019 -- Eldorado Gold Corporation, (“Eldorado” or “the Company”) today reports that the Company will refile on SEDAR at www.sedar.com.
VANCOUVER, British Columbia, Feb. 21, 2019 -- Eldorado Gold Corporation, (TSX: ELD)(NYSE: EGO)(“Eldorado” or “the Company”) today reports the Company’s financial and.
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)The fewest “buy” ratings Among senior and intermediate miners (GDX) (JNUG), New Gold (NGD), Barrick Gold (GOLD), Eldorado Gold (EGO), and Kinross Gold
Brazilian pulp maker Eldorado Brasil Celulose SA has decided to suspend a proposed $500 million bond sale, as a dispute between key shareholders created unease among investors, a source with knowledge of the matter said. According to the source, who was not authorized to discuss the matter publicly and asked for anonymity, investors were rattled by a complaint by minority shareholder Paper Excellence to the U.S. Securities and Exchange Commission (SEC). Paper Excellence had told the SEC that there were "material inaccuracies" in the bond offering information, which Eldorado has denied.
A court in Singapore blocked on Thursday the sale of bonds by Brazil's pulp maker Eldorado Brasil Celulose SA, saying the firm must clarify information on its offering prospectus, according to documents ...
Eldorado said in a statement that the financial information in the bond prospectus is "consistent and correct" and the sale complies with all relevant regulation. "The company is sorry that one of its shareholders is uncomfortable with the transaction, but is sure the bond sale is important to the company", Eldorado added. The shareholder, CA Investment, a vehicle owned by pulpmaker Paper Excellence, sent letters to the SEC stating that bond investors had received inaccurate information ahead of a planned bond issue by the Brazilian pulpmaker.
VANCOUVER, British Columbia, Feb. 05, 2019 -- Eldorado Gold Corporation (“Eldorado” or “the Company”) provides the following updates. 2018 Fourth Quarter and Year End.
A shareholder in Eldorado Brasil Celulose SA has sent letters to the U.S. Securities and Exchange Commission complaining that bond investors had received inaccurate information ahead of a planned bond issue by the Brazilian pulpmaker. According to documents seen by Reuters, law firm Mehigan wrote to the SEC on behalf of shareholder CA Investment, an investment vehicle owned by fellow pulpmaker Paper Excellence. The documents allege there were "fundamentally material inaccuracies" with respect to Eldorado's earnings before interest, tax, depreciation and amortization (EBITDA) in the bond offer memorandum.
Eldorado Gold Corp. (EGO) skyrocketed 27.6% to $3.75 per share on Thursday following its decision to recommence mining and heap leaching at its Kisladag gold mine located in Turkey. Warning! GuruFocus has detected 3 Warning Signs with EGO. This has allowed Eldorado Gold Corp. to arrest the development of a project to build a conventional mill at Kisladag that would have been able to produce 270,000 ounces every year from a 3.1 million-ounce gold deposit starting in 2021.
Which Gold Stocks Are Looking Attractive in 2019?(Continued from Prior Part)AEM has the highest multiple Among intermediate gold miners (GDX), Agnico Eagle Mines (AEM) has the highest forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of
VANCOUVER, British Columbia, Jan. 30, 2019 -- Eldorado Gold Corporation, (“Eldorado” or “the Company”) announces that the Company will resume mining, crushing, stacking and.
Why Analysts' Sentiments Are Turning Positive on IAMGOLDAnalysts’ ratings for IAGAnalysts’ sentiments toward IAMGOLD (IAG) have been changing for the better in the past few months. Currently, the stock has “buy” recommendations from 83% of
Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Analysts’ ratings for IAGCurrently, IAMGOLD (IAG) has the third-highest number of “buy” recommendations among analysts at 75%. The other 25% analysts have