Few Surprises in Eldorado’s 2016 Operational Results and 2017 Guidance; Maintaining Fair Values
Eldorado reported preliminary production results for the full year. The company produced 485,994 ounces for the full year, below its guidance of 495,000 ounces but very close to our forecast of roughly 488,000 ounces. Full-year cash operating costs were $578 per ounce, beating guidance of $585 to $620 per ounce and our forecast of roughly $584. In all, 2016 operational results had few surprises compared with our expectations.The company also released preliminary 2017 production guidance of 365,...
Eldorado Gold is engaged in the exploration, development, mining and production of gold and other mining resources in Brazil, China, Turkey and Greece.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.