Eldorado Gold Foresees Lower Q1 Tax Expenses

Eldorado Gold (TSE:ELD) has released an update.

Eldorado Gold Corporation expects a decrease of $9 to $12 million in Turkish current income tax expenses for Q1 2024, primarily due to investment tax credits and inflation accounting, despite the Turkish Lira’s weakening. The company has scheduled a conference call to discuss the first quarter’s financial and operational results on April 26, 2024, after releasing the details the previous day. Eldorado Gold operates in Türkiye, Canada, and Greece, focusing on responsible mining and community partnerships.

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