VANCOUVER, British Columbia, March 03, 2020 -- Eldorado Gold Corporation ("Eldorado" or the "Company") today filed three separate technical reports for its Kisladag, Olympias.

Investors may want to consider buying shares if the price dips Continue reading...

Eldorado Gold Corporation, (“Eldorado” or “the Company”) reports that it has drawn $150 million under its revolving credit facility as a proactive measure in light of the uncertainty surrounding the COVID-19 pandemic. The Company has no immediate need for the funds, however proceeds will be used for general corporate purposes, as required. The Company is also reviewing its 2020 sustaining and growth capital budget and will reduce expenditures if required.

VANCOUVER, British Columbia, Feb. 20, 2020 -- Eldorado Gold Corporation, (“Eldorado” or “the Company”) today reports the Company’s financial and operational results for the.

With me in Vancouver this morning are George Burns, President and CEO; Phil Yee, Executive Vice President and CFO; Joe Dick, Executive Vice President and COO; Paul Skayman, Special Adviser to the COO; and Jason Cho, Executive Vice President and Chief Strategy Officer. This should be read in conjunction with our first quarter financial statements and management's discussion and analysis, both of which are available on our website.

Eldorado Gold Corporation (“Eldorado” or “the Company”) announces the restart of operations at Lamaque as a result of the Quebec government’s confirmation that mines in the Province are allowed to resume operations. Effective April 15, 2020, the Company will begin to ramp up Lamaque. The Company has safety protocols in place to address COVID-19 at all its sites, including Lamaque, such as temperature screening, compliance with additional hygiene measures and task observation to ensure that all work is performed respecting physical distancing and the use of appropriate personal protective equipment.

Canadian stocks fell more than 300 points on Monday as a spike in coronavirus cases outside China led to fears of a pandemic and prompted a broad-based selloff. * At 09:42 a.m. ET (1443 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 308.82 points, or 1.73%, at 17,534.71. * The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.9% to become the sole gaining sector as major gold miners were propped up by a surge in bullion prices.

VANCOUVER, British Columbia, April 30, 2020 -- Eldorado Gold Corporation (“Eldorado” or “the Company”) today reports the Company’s financial and operational results for the.

Eldorado Gold Corporation (“Eldorado” or “the Company”) announces its Annual General Meeting ("AGM") on Thursday, April 30, 2020 will now be held at 3:00 pm PT at Eldorado’s head office at 11th Floor, 550 Burrard Street, Vancouver, British Columbia. In response to the unprecedented public health impact of COVID-19, and to mitigate risks to the health and safety of its shareholders, employees and local communities, Eldorado is urging shareholders not to attend the AGM in person. Registered shareholders and duly appointed proxy holders may participate in the AGM via a live conference call.

The global impact of COVID-19 has been unprecedented and it is far from over, but for savvy investors there may be no better time to invest in “indirect” discount gold

Eldorado Gold Corporation, (“Eldorado” or “the Company”) reports that, in accordance with the Quebec provincial government-mandated restrictions to address the COVID-19 situation in the province announced on March 23, 2020, it will temporarily minimize operations at its Lamaque mine until April 13, 2020. The Company also reports that it has today received a Certificate of Authorization from the Quebec Ministry of Environment to allow for the expansion of underground production from the Triangle deposit at Lamaque from 1,800 tonnes per day (“tpd”) to 2,650 tpd, once operations resume. Effective March 25, 2020, Eldorado will ramp down operational activity and maintain only essential personnel on site responsible for maintaining appropriate health, safety, security and environmental systems.

VANCOUVER, British Columbia, April 30, 2020 -- Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to announce that all director nominees, as listed in the.

Why I'm bullish on gold miners, longer-term Treasury bonds and high-quality dividend stocks Continue reading...

Gold is a special situation today. We want you all to be on board. This is likely going to continue because gold has always been, and still is the world's favorite safe haven, suggest Mary Anne and Pamela Aden, leading resource sector experts and editors of The Aden Forecast.

One thing is certain: April has come in like a lion for the stock markets. In the first 11 trading sessions of the month, there have been 4 day of net-loss trading – and 7 of net-gain, with the gains heavily outweighing the losses. The S&P 500 has gained 11% so far this month, in a classic bear market rally. The gains have prompted some speculation that, for the stock market least, the worst may be over.But with earnings season around the corner, some analysts are saying that good mood may be too much, too soon.Mark Mobius, founder of Mobius Capital Partners, points out that reported corporate earnings are going to be grim, after the dislocations of the first quarter. “We might see a double bottom,” he says, referring to the possibility that markets may collapse a second time when earnings come in far below their year-ago levels. With governmental authorities and agencies unsure how, when, or if to reopen economic activity, Mobius says, “I think we have to open up again in some way, because otherwise the collateral damage is going to be incredible.”All in all, it is not a pretty picture despite a current market uplift. And so, some investors are starting to seek out safe havens, ports to ride out the storm while protecting their funds. The traditional move for investors seeking safety is to gold, a generally reliable store of value. But buying metal is not the only way to get into gold. Investors can also buy stock in gold miners. While this move carries more risk than metal purchases, miners derive their strength in part from the quality of their product – as good as gold. Gold miners offer a lower-cost avenue for investors looking to buy into precious metals.Bearing this in mind, we used TipRanks’ database to pinpoint three Buy-rated miner stocks that have earned a thumbs up from members of the analyst community. Not to mention each boasts substantial upside potential of over 15%. Let's take a closer look.Coeur Mining (CDE)Chicago-based Coeur Mining holds and operates five major gold and silver mines in North America. Taken together, the company’s mines produced 11.5 million ounces of silver and 359,000 ounces of gold in 2019. In addition, Coeur also extracted 17 million pounds of zinc and 16 million pounds of lead from its British Columbia mine. These numbers make Coeur one of the world’s largest producers of silver.Earlier this month, the company announced that it will be suspending activity in its Mexican operations, in compliance with Mexican government decrees shutting down non-essential businesses as a measure to contain the COVID-19 epidemic. In its statement Coeur said that, due to general disruption caused by COVID-19, the company’s previously published 2020 guidance is also suspended.However, 5-star analyst Joseph Reagor of Roth Capital sees CDE as buying opportunity, in part because the shares have been pushed so low. He notes that the silver to gold ratio is likely to improve (tilt more toward gold) over the course of 2020, and writes, “CDE's share price has seen significant selling pressure over the last two months and the withdrawal of guidance has caused further selling pressure, in our view. We believe this has created a significant value opportunity for investors…”In line with this view, Reagor has upgraded his stance on CDE from Neutral to Buy. His $5 price target on the stock implies an upside of 16% for 2020. (To watch Reagor’s track record, click here)Wall Street almost evenly split between the bulls and those choosing to play it safe. Based on 5 analysts tracked in the last 3 months, 3 rate the mining stock a Buy, while 2 suggest Hold. Notably, the 12-month average price target stands at $5.28, marking a 21% in return potential for the stock. (See Coeur Mining stock analysis on TipRanks)Eldorado Gold (EGO)In mid-2019, Eldorado Gold switched from running losses to turning profits, and the stock rose that summer from under $5 to nearly $10. EGO shares have been highly volatile in the bear market of the past four weeks, but currently stand at a higher level than when the bear began. Eldorado owns and operates mines in the Balkan Peninsula and Turkey, as well as Quebec and Brazil. The company produces gold, silver, lead, and zinc.EGO started 2020 in a strong position, after finishing 2019 with an adjusted net income of $20.3 million in the fourth quarter. This gave an EPS of 13 cents, well above the 10-cent forecast. Quarterly revenues were reported at $191.9 million, for 106% year-over-year growth. EGO had reported net losses in both Q4 2018 and Q1 2019 – the Q4 2019 results were a clear turnaround.Looking ahead, Eldorado has not announced any mine shutdowns due to Coronavirus, and indicates Q1 gold production of 115,949 ounces, in line with expectations. Production is lower than Q1 2019 – this is due, however, to exploitation of lower-grade ores rather than pandemic issues. The company will release full Q1 earnings at the end of this month.National Bank of Canada analyst Mike Parkin reads the Q1 preliminaries as a reason to buy this stock. He writes, “The quarter came in soft to our estimates and proved modestly lighter Q/Q, however we are not concerned with the results and would be buyers on any weakness as valuation currently is attractive in our view.”Parkin backs his stance with a Buy rating and a price target of C$15.50 (US$11.06), which suggests an upside of 33% for the stock. (To watch Parkin’s track record, click here)EGO shares are selling for US$8.87, and the average price target of US$11.29 suggests that the stock has a 27% upside potential in the next 12 months. The analyst consensus rating, a Moderate Buy, is based on 4 Buy ratings, 2 Holds, and 1 Sell. (See Eldorado stock analysis on TipRanks)Kirkland Lake Gold (KL)With a market cap of $11 billion, Kirkland is the largest of the gold miners on this list. The company operates six mines in Canada and Australia, and produced over 974,000 ounces of gold last year. 2020 production is targeted at 1.5 million ounces, with the proposed increase reflecting the quality of ore exploited in the company’s mines. Closing out 2019, Kirkland saw revenue of $1.38 billion, adjusted net earnings of $2.74 per share, and an 81% increase in free cash flow to $463 million.Kirkland is committed to returning profits to shareholders, and raised its dividend twice last year. The first increase bumped the payment from 3 cents in Q2 to 4 cents in Q3, while the second raised it to 6 cents in Q4. Looking forward, KL has announced another increase to the dividend, to 12.5 cents in Q1 2020. The company has a 3-year history of steady dividend growth, and the 14% payout ratio shows that there is plenty of room for more increases. At current levels, the dividend yield is 1.45%. While lower than the average dividend in the broader market, the company’s profitability, track record of dividend increases, and low payout ratio make it attractive.5-star Stifel analyst Ian Parkinson believes this is a stock worth holding on to. Parkinson rates KL shares a Buy, and his CA$63.00 (US$44.77) price target suggests a solid upside potential of 23%. (To watch Parkinson's track record, click here)Parkinson commented, "Despite the logistical issues surrounding the COVID-19 situation, Detour Lake was able to largely perform to expectations in its first two months post-acquisition. Management still expects to carry out an extensive drill program at Detour through 2020. Fosterville production remained in line based on continued elevated grade; Macassa was the only laggard. Q1 performance was slightly behind our original expectations and Q2 will feel major impacts from the COVID-19 pandemic. The asset quality coupled with strong gold prices particularly in local currency ensure KL is well positioned to emerge from the current health crisis and deliver substantial returns for shareholders."All in all, when looking at Wall Street’s stance, Parkinson is not the only bull, as TipRanks analytics showcase Kirkland as a Buy. Out of 11 analysts tracked in the last 3 months, 8 rate the stock a Buy, while 3 remain sidelined. The 12-month average price target stands at US$40.92 marking nearly 12% upside from where the stock is currently trading. (See Kirkland Lake stock analysis at TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to announce the Company’s first quarter 2020 preliminary production results. Further detail on asset level production is shown in Table 1 below. Gold leached into solution at Kisladag during the quarter was consistent with expectations and gold production was higher than the comparative period in 2019 as a result of the recommencement of operations (mining, crushing and stacking of ore) on April 1, 2019.

Eldorado Gold Corp (NYSE: EGO) recently announced an updated Life-of-Mine plan for its Kisladag mine in Turkey, which extends the mine's life from three years to fifteen years through to 2034. The company is also poised to benefit from higher gold prices in the near term, according to BofA Securities.The Eldorado Gold Analyst Michael Jalonen upgrades Eldorado Gold from Underperform to Buy while raising the price target from $7.75 to $13.The Eldorado Gold Thesis Eldorado Gold's net asset value estimate has increased, after factoring in Kisladag's extended mine life and higher gold prices, Jalonen said in the note.The company has projected 2020 production at between 520,000 to 550,000 ounces of gold at cash costs of $600-$650 per ounce and all-in-sustaining costs of $850-$950 per ounce.Considering the extension of Kisladag's mine life and rising output from Lamaque and Olympias, Eldorado Gold's five-year guidance projects gold output to average over 450,000 ounces per annum. "This is a big improvement vs. our prior modeling calling for gold output to decline to below 400,000 ozs by 2024," the analyst wrote.He raised the earnings estimates for 2020 and 2021 from 62 cents per share to 79 cents per share and from 34 cents per share to 48 cents per share, respectively. Jalonen added that the stock was trading at a 30% discount to "the peer intermediate producer group."EGO Price Action Shares of Eldorado Gold were up 1.06% to $9.53 at time of publication.Latest Ratings for EGO DateFirmActionFromTo Feb 2020CIBCUpgradesNeutralOutperformer Jan 2020Credit SuisseDowngradesNeutralUnderperform Jul 2019GMP SecuritiesDowngradesBuyHold View More Analyst Ratings for EGO View the Latest Analyst Ratings See more from Benzinga * 3 Reasons Goldman Sachs Is Bullish On Kodiak Sciences * JD Shows Resilience Amid Coronavirus Mayhem, UBS Says * Analyst Upgrades RealPage On Solid Results, Constructive Guidance(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Eldorado Gold (EGO) saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.

Eldorado Gold (EGO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Stocks were on a tear in April, almost clawing back everything they lost in March.Much of that rally has been pinned on the hopes that lockdowns would be over and the coronavirus would be sorted in short order.But the more we hear from medical experts and more fundamentally, from the rising numbers of sick and dead, this isn't going to be as easy or painless as many anticipated.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat means you need to have a good, reliable hedge. And for decades, that hedge has been gold.One reason gold is a good choice now it that as the dollar weakens, gold becomes more attractive. A strong dollar makes gold a less attractive buy since it's more expensive and holding gold comes at a cost (storage fees, etc). * 20 Stocks to Buy If You're Still Betting on America to Thrive Also, COVID-19 has meant many mines stopped or reduced production, which lowers supply in a time of increasing demand. Gold is up 14% year to date and mining stocks are leveraged to that performance: * Eldorado Gold (NYSE:EGO) * Iamgold (NYSE:IAG) * Harmony Gold (NYSE:HMY) * Yamana Gold (NYSE:AUY) * B2Gold (NYSEMKT:BTG) * Drdgold (NYSE:DRD) * Kinross Gold (NYSE:KGC)The miners above are all A-rated by my Portfolio Grader I use to find Growth Investor recommendations. A-Rated Gold Stocks: Eldorado Gold (EGO)Source: Shutterstock About two-thirds of the gold mined today comes from just 9 countries. China is the top producer, with about 12% of production in 2019.But that's not a big number. Given China's size, that illustrates how gold is distributed fairly evenly around the world. And that means there are plenty of opportunities for gold miners to find gold in a variety of places, as long as they can mine it profitably.EGO is a Canada-based company with mines located in Canada, Greece, Serbia, Romania, Turkey and Brazil. Most of these countries aren't known for their gold production, but EGO has been mining successfully for nearly 3 decades now, so it has the formula down, and little competition in its markets.The stock is up 141% in the past year, most of which came before COVID-19 hit. It's only up 8% year to date. That means there's more here than a timely trade. IAMGOLD Corp (IAG)Source: Shutterstock Another Canada-based miner that has been around since 1990, IAG has just 5 mines but generates enough gold to maintain a $1.7 billion market cap.It has one mine in Canada, one in Suriname, one in Burkina Faso and two joint ventures in Mali. The company produced 762,000 ounces last year. The cost to produce gold is around $870-900 an ounce, so its margins are certainly strong right now.And given the fact that gold prices are likely to rise as the dollar weakens (or stays weak) due to all the stimulus cash that has been dumped into the economy, IAG is in a very good position to reap the benefit. * 20 Stocks to Buy If You're Still Betting on America to Thrive The stock is up 38% in the past 12 months, but year to date it's off 4%. That means it hasn't been bid up to the moon yet. And if you're looking for growth stocks, not just hedges, there are some I'm particularly excited about now. Harmony Gold (HMY)Source: Shutterstock This South African miner has been around since 1950, and it's woven into the fabric of the South African precious metals and gemstone mining family there. It also has growing gold and silver operations in Papua New Guinea.Much of its mining is done via open pit mining rather than subterranean mining. It also has a division that remediates it mining efforts once a mine has been tapped.It has significant gold and copper reserves and also has some silver reserves as well.COVID-19 has slowed production in its mining operations in the second quarter, but expectations are that production will be back to normal by Q3. Its plan is to be able to reliably produce 1 million ounces a year until 2030.HMY is up 118% in the past 12 months, but is off 3% year to date. Yamana Gold (AUY)Source: Shutterstock This Canada-based miner has only been around since 2003, but it has grown significantly, acquiring smaller miners to build its opportunities.Yamana can be considered a diversified miner, even moreso than HMY, because it also produces a significant amount of silver and copper.In my Growth Investor buy list, I prefer companies with an economic "moat" around their business, and in some industries, diversification is what provides that stability. By diversifying, the company mitigates the swings many gold-only miners go through when the Midas Metal is out of favor.Copper and silver are both key industrial metals and help provide steady revenue when the global economy is under full sail. AUY has a nearly $5 billion market cap, so its one of the larger players in this sector, which also helps keep its price steady over the long haul. On the other hand, it's less leveraged to gold rallies. * 20 Stocks to Buy If You're Still Betting on America to Thrive It has mines in Canada, Brazil, Chile and Argentina, which keeps it in pretty politically stable countries. Its stability has paid off this year - AUY is up 150% in the past year, and 28% year to date. B2GOLD Corp (BTG)Source: Shutterstock This Canada-based firm is a senior gold producer with a market cap of more than $5 billion. It has 3 mines in operation -- in Mali, Philippines and Namibia. It also has one in development in Colombia and another under exploration in Burkina Faso as well as other locations.That's a pretty good track record for just 13 years in the business. The company is also producing more than 1 million ounces a year currently.Remember that mining gold (or anything else for that matter) is like drilling for oil or farming. It's all about the difference between what it costs for you produce it and how much people will pay for it. The lower the cost of production, the higher your margins.That's why many mining operations are in far-flung countries where labor is cheap and regulations aren't as onerous. There are other costs to operating in middle of nowhere, but that's the balancing act these companies play to grow their profits.The stock is up 94% in the past year and almost 30% year to date. DRDGold Ltd (DRD)Source: Shutterstock Slime dams and sand dumps. That's how South African DRD makes most of its money. The stock is up 439% in the past 12 months and 89% year to date.Granted, the stock is relatively small, sitting at an $813 million market cap after that massive move. It's positively tiny, in fact, compared to the large-caps I target at Growth Investor.But the fact is DRD has a reliable, low-cost way to add to gold reserves. It cleans up mines -- more accurately their slime dams and sand dumps -- after other miners have left.Just like in oil fields, most firms don't extract all the gold that a mine might have. Their equipment isn't built to grab it all. DRD specializes in getting tailings left by other miners. That means no exploration costs or risks. And, the country will pay to have you do a bit of cleaning. * 20 Stocks to Buy If You're Still Betting on America to Thrive It may not be a conventional business model, but it's kept them in business for 125 years, so they're doing something right. And the stock has a 2.2% even after its huge run. Kinross Gold (KGC)Source: Shutterstock This Canadian company is one of the top gold miners in the world. It operates 3 mines in the US, and 1 each in Chile, Brazil, Mauritania, Ghana and Russia.Last year it produced 2.5 million ounces, with more than half of that coming from its operations in the Americas. Its sole Russian mine was slightly more than 20% of that production total.Its all-in sustaining costs were $983 an ounce, which means the rest is gravy. Of course some of that is put back into exploration and development. But that's a pretty sweet margin give that gold is around $1740 an ounce.KGC's market cap is around $8.7 billion at this point. The stock is up 133% in the past year and 54% year to date, but KGC is trading at a trailing P/E of 11 after that huge run, so it's still pretty cheap.I will say that cheap P/Es aren't everything. One key thing to keep in mind is that gold is not a growth investment. Remember, it's the investing equivalent of stashing cash under your mattress.If things get to a point where that becomes necessary, my readers will be the first to know. However, the United States in particular is incredibly resilient. And an elite level of stocks are still posting sales and earnings growth -- enough to make them "Strong Buys" for Growth Investor now. One of my favorites is positioned as a key hardware provider for artificial intelligence (AI). The AI Master KeyIf artificial intelligence sounds futuristic, even far-fetched -- well, keep in mind, you're already using it every day. If you've ever used Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google Assistant or Apple's (NASDAQ:AAPL) Siri … if you've had Netflix (NASDAQ:NFLX) recommend a movie or Zillow (NASDAQ:Z) recommend a house … even creating an email spam filter -- then you've used artificial intelligence.In this new world of AI everywhere, data becomes a hot commodity.As scientists find even more applications for artificial intelligence -- from hospitals to retail to self-driving cars -- it's incredible to imagine how much data will be involved.To create AI programs in the first place, tech companies must collect vast amounts of data on human decisions. Data is what powers every AI system. As one AI researcher from the University of South Florida puts it, "data is the new oil."To cash in, you'll want the company that makes the "brain" that all AI software needs to function, spot patterns, and interpret data.It's known as the "Volta Chip" -- and it's what makes the AI revolution possible. Even better, its stock has been a "strong buy" in my Portfolio Grader for weeks despite market volatility.You don't need to be an AI expert to take part. I'll tell you everything you need to know, as well as my buy recommendation, in my special report for Growth Investor, The A.I. Master Key. The stock is still under my buy limit price -- so you'll want to sign up now. That way, you can get in while you can still do so cheaply.Click here for a free briefing on this groundbreaking innovation.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 7 A-Rated Gold Stocks to Buy For Your Portfolio Hedge appeared first on InvestorPlace.