TSX:ELDMetals and Mining
Eldorado Gold (TSX:ELD) Stock Price Pullback Meets Commissioning And Valuation Gap
Eldorado Gold heads into this earnings day with the stock down roughly 6% over the past week and 4% over the past month, even after a modest gain over the last quarter. That short term pullback sits awkwardly against a quarter that delivered about US$487 million in revenue and roughly US$0.69 in basic earnings per share.
The real story is not a single quarter of profit. It is a multi year earnings and revenue build that now shows on trailing numbers, set against a P/E of 12.7x that sits below...