Companies

Eldorado Gold Corp

NYSE: EGO
$34.48
▲ $0.31 (+0.91%) today
Markets closed · 5:20pm ET

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EGO at a Glance

Price
24/7 target
$39.94
Street target
$46.33
Earnings
Next report
Oct 28, 2026

NYSE: EGO

About Eldorado Gold

Eldorado Gold Corporation produces gold, copper and base metals. It has mining, development and exploration operations in Canada, Turkiye and Greece, and its common shares trade on the TSX (ELD) and NYSE (EGO).

It operates six mines:
- Lamaque Complex, including the high-grade Ormaque deposit, in Quebec.
- McIlvenna Bay copper-zinc-gold-silver mine in Saskatchewan.
- Skouries copper-gold mine in northern Greece.
- Olympias gold-silver-lead-zinc mine in northern Greece.
- Kisladag heap-leach gold mine in western Turkiye.
- Efemcukuru gold mine in western Turkiye.

Its development portfolio also includes the Perama Hill gold-silver project in Greece.

Revenue comes mainly from gold doré and gold concentrate. Greece also contributes silver, lead and zinc concentrates. Copper concentrate began in 2026 as McIlvenna Bay and Skouries started producing.

McIlvenna Bay came with the April 14, 2026 acquisition of Foran Mining Corporation for roughly $2.39 billion, paid mostly in shares. It achieved first copper concentrate in June 2026.

Skouries achieved first copper-gold concentrate on September 8, 2026. It is funded by a €740.4 million non-recourse Term Facility.

Both Skouries and McIlvenna Bay are targeting commercial production in late Q4 2026.

Other funding comes from:
- $500 million of 6.25% senior notes due 2029.
- A $600 million revolving credit facility.
- The Sprott credit facility and a Sandvik equipment finance facility, both assumed in the Foran acquisition.

Eldorado had 261,556,941 common shares outstanding as of October 28, 2026. It pays a quarterly dividend and repurchases shares under a normal course issuer bid. Updated

Latest Activity

EGOEldorado Gold
Q3 2026
EPS
$0.49
est $0.55-10.9%
Revenue
$512M
est $553M-7.4%

Record gold prices did not offset the Skouries ramp-up: all-in sustaining costs climbed to $2,050 an ounce from $1,679 a year ago, with earnings and revenue missing expectations. Management cut 2026 gold production guidance, and commercial production at Skouries and McIlvenna Bay is now pushed to late in the fourth quarter.

Quarterly EPS — reported vs estimate

EGO Coverage

Frequently Asked Questions

What does Eldorado Gold do?

Eldorado Gold Corporation produces gold, copper and base metals. It has mining, development and exploration operations in Canada, Turkiye and Greece, and its common shares trade on the TSX (ELD) and NYSE (EGO).

What is the EGO stock price target?

24/7 Wall St.'s 12-month price target for EGO is $39.94, rated Buy. The Wall Street consensus target is $46.33. EGO price prediction →