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Eldorado Gold: It Takes Money to Build a Mine. Q3 Earnings Breakdown

Jay Lutz
Monday, November 4, 2024, 04:29:00 PM

Well folks, we’ve got another dud set of earnings.

The latest name to disappoint, unfortunately, is a gold miner. Eldorado Gold (TSX: ELD) on Thursday reported its third quarter financial results and well, they were rather “meh.” Lets just say the company isn’t exactly making money hand over fist, despite the current gold environment.

I guess everyone can’t be Agnico Eagle.

Lets dive in.

Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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Welcome to The Deep Dive, where we focus on providing investors of Canadian junior stock markets the knowledge they need to make smart investment decisions. We take a closer look at all data relating to organizations to create quality stock analysis for investors. Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security.