Eldorado Gold (TSE:ELD) has released an update.
Eldorado Gold Corporation reported a strong start to 2024 with a 5% increase in gold production and a 13% rise in revenue compared to the first quarter of 2023, driven by higher production and gold prices. The company maintained its annual production guidance and anticipates higher production in the second half of the year. Despite increased production costs and capital expenditures, Eldorado Gold achieved significant net earnings and free cash flow, excluding Skouries capital expenditures.
For further insights into TSE:ELD stock, check out TipRanks’ Stock Analysis page.
