Eldorado Gold traded at 45.06 this Tuesday August 4th, increasing 2.75 or 6.50 percent since the previous trading session. Looking back, over the last four weeks, Eldorado Gold gained 5.18 percent. Over the last 12 months, its price rose by 42.23 percent. Looking ahead, we forecast Eldorado Gold to be priced at 41.37 by the end of this quarter and at 38.68 in one year, according to Trading Economics global macro models projections and analysts expectations.
Eldorado Gold Corp is a Canada-based gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece, Romania, and Brazil. The Company operates two gold mines in Turkey Kisladag and Efemcukuru, and two polymetallic mines in Greece Olympias and Stratoni. Its Stratoni mine is a silver-lead-zinc mine and the Olympias is a gold-silver-lead-zinc mine. The Company operates the Lamaque gold mine in Canada. The Brazil segment is engaged in operating Vila Nova, which is an iron ore mine, and is engaged in the exploration activities of Tocantinzinho project in Brazil. The Company is also developing Skouries and Perama Hill projects in Greece, and is developing Certej project in Romania. The Company's subsidiaries include Brazauro Recursos Minerais S.A., Deva Gold S.A., Hellas Gold S.A., SG Resources B.V., Thrace Minerals S.A., Thracean Gold Mining S.A. and QMX Gold Corporation, which is owns Aurbel gold mill and tailings facility.