Eldorado Gold Corp
Latest Eldorado Gold Corp News and Updates
Earnings ReportWhat Could Drive IAMGOLD Corp.’s Valuation Going Forward?
IAG stock could continue to gain traction due to its high operational leverage, at least as long as the upward trend in gold prices continues. Earnings ReportUnderstanding IAMGOLD’s 2Q17 Earnings Highlights
IAMGOLD’s (IAG) 2Q17 production was 223,000 ounces of gold—growth of 26,000 ounces or 13% year-over-year (or YoY). MaterialsHow Do US Economic Numbers Play on Gold?
Economic data from the United States on Tuesday, July 21, 2016, on home starts and building permits affected gold and other precious metals to a certain extent. Company & Industry OverviewsWhich Intermediate Gold Miners Have Cost Advantages in 2H15?
All-in sustaining costs make up a comprehensive and important cost metric for gold mining companies. A lower AISC is better for gold miners. MaterialsWhich Gold Stocks Do Analysts Love and Hate?
Gold price’s reversal this year has created opportunities in gold stocks. The SPDR Gold Shares ETF (GLD) had gained 11% year-to-date as of Friday. Company & Industry OverviewsNet Debt-to-EBITDA Expectations for Intermediate Gold Miners in 2015
In 2015, the average net debt-to-EBITDA ratio of the six intermediate gold miners we’ve been evaluating in this series is 0.9x—a similar level to 2014. Company & Industry OverviewsAn Overview of Gold Miner Performance in 2015
Gold miners’ stocks have underperformed most of the market indices and gold itself. GDX has significantly underperformed GLD since 2008. Real InsightsHow Strict Is the Gold-Regulated Market?
Bitcoin (ARKW) has seen its price plunge since the start of 2018 due to news that world leaders are planning to implement regulations on digital currencies. MaterialsTrump, Trade War, Powell: More Upside for Gold Prices?
Gold hit a fresh six-year high on Friday as trade tensions between the US and China escalated. The SPDR Gold Shares ETF (GLD) closed up 2%. MaterialsThe Five Gold Stocks Wall Street Is Loving Lately
Gold miners usually act as a leveraged play on gold prices. In 2018, the VanEck Vectors Gold Miners ETF (GDX) fell 9.3%, amplifying the 1.9% fall in gold prices (GLD). MaterialsA Quick Look at the Technicals of the 4 Precious Metals
Gold’s price dipped 0.13% to $1,312.8 per ounce on May 9. The fall in gold was extended for a number of reasons. MiscellaneousGold’s Outlook for 2018
Looking ahead for 2018, industry analysts stated in a Bloomberg article that they expect gold to perform better early in the year led, by the “January effect.” MiscellaneousAnalyzing the Correlation of Gold to Miners in January 2018
First Majestic Silver saw correlation drop during the past three years. On a three-year basis, its correlation with gold was 0.57. MaterialsA Look at Miners’ Correlation Trends
AngloGold Ashanti has seen the highest correlation to gold in the past year, while Eldorado Gold has seen the lowest correlation. MaterialsCorrelation Reading of Miners and Funds in the Last 3 Years
During the past year, IamGold has seen the highest correlation to gold, while Eldorado Gold has the lowest correlation. MiscellaneousReading Key Mining Stock Technicals as of December
Most of the mining companies have increased during the past two weeks due to the rise of gold and silver. MaterialsHow the Dollar and Gold Moved in December
Gold and the US dollar are mostly inversely related to each other. MaterialsAll 4 Precious Metals Rose on December 20, 2017
All four precious metals had an up day on December 20, 2017. Gold increased 0.43% on the day and closed at $1,267.80 per ounce. MiscellaneousReading Miner Volatility in December 2017
In this article, we’ll take a look at the call-implied volatilities and RSI scores of Barrick Gold, Kinross Gold, Eldorado Gold, and IAMGOLD. MiscellaneousHow Is Gold, Commercial and Non-Commercial, Moving?
Speculative positions fell sharply last week. It was the most significant one-week fall since May 2016. MaterialsCorrelation and Mining Stocks this Month
We’ll briefly analyze mining stocks’ correlation with gold. Gold is the most crucial of the precious metals, and mining stocks tend to increasingly take their price changes from gold. MaterialsA Correlation Study of Miners in December 2017
If we look at the YTD (year-to-date) correlations of the select mining shares to gold, there has been a reasonable fall. MiscellaneousIs the Dollar-Gold Relationship Getting Stronger?
Precious metals have been closely associated with the movement of the US dollar over the last few months. MiscellaneousMining Stocks: Analyzing the Technical Details
In this part, we’ll concentrate on the technical readings of key mining stocks, including their call implied volatilities and RSI (relative strength index) levels. MiscellaneousBehind the Correlations of Key Miners Today
On a YTD (year-to-date) basis, the correlations of the above mining stocks appear to be weak when compared with last year. MiscellaneousGauging Global Risk against Gold
All four precious metals rose on Monday, October 30, as multiple speculations in the market gripped investors’ attention. MiscellaneousReading the Drop in Precious Metals on Monday, October 16
After the rise we saw on Friday, October 13, precious metals had a down day on Monday, October 16. MaterialsHow Key Mining Stocks Are Correlated with Gold in October 2017
The PowerShares DB Gold Fund (DGL) and the Vaneck Merk Gold Trust (OUNZ) have risen 12.1% and 12.95, respectively, year-to-date, taking strong cues from gold. MaterialsPrecious Metals and Companies That Mine Them
Precious metal miners got a boost on Tuesday, October 3, 2017, despite the marginal fall of precious metals. MaterialsMiners Followed Precious Metals Downhill on September 18
On September 18, Coeur Mining, Barrick Gold, Kinross Gold, and Eldorado Gold had volatilities of 42.3%, 26.4%, 40.8%, and 50.1%, respectively. MaterialsReading Miners’ Correlation Trends
Mining stocks Before investors park their money in mining stocks, it’s crucial for them to compare miners’ performance with gold. In this part of the series, we’ll analyze the correlations of AngloGold Ashanti (AU), Hecla Mining (HL), Kinross Gold (KGC), and Eldorado Gold (EGO) with gold. The VanEck Vectors Junior Gold Miners ETF (GDXJ) and the […] MiscellaneousWhat Miners’ Technical Indicators Suggest
Most of the miners have seen an upswing in their prices over the past week. MaterialsHow the Gold-Silver Spread Is Trending
The gold-silver spread measures the price of one ounce of gold in relation to silver. MiscellaneousA Look at Volatilities for Precious Metal Miners
In this part of the series, we’ll look at some important technical indicators, including volatility figures and RSI levels for major miners. MaterialsGold-Platinum Ratio: Is Platinum a Long-Term ‘Buy’?
When reading the platinum market, it’s important to analyze the comparative performance of platinum and gold by using the gold-platinum ratio or spread. MiscellaneousThese Mining Companies Are Showing an Uptrend Correlation with Gold
When we try to interpret the performance of precious metals, it’s crucial to study the impact of metal price variations on mining shares. MiscellaneousWhy Mining Stocks’ Relative Strength Levels Keep Falling
In this article, we’ll take a look at the variables that determine how attractive particular mining stocks or shares are or could become. MiscellaneousHow the Dollar’s Revival Is Impacting Precious Metals in May
The US Dollar Index, which prices the dollar against a basket of six major world currencies, has risen ~0.46% on a trailing-five-day basis. MiscellaneousPlatinum Is the Worst Performer So Far—Reading Its Spread
The gold-platinum spread was ~1.3 on April 26, 2017. The gold-platinum spread RSI on that day was 59. MiscellaneousHow Miners’ Correlations to Gold Are Trending
As global tumult grips markets and investors turn to mining stocks as safe havens, it’s crucial to understand which stocks are closely tied to precious metals. MiscellaneousBehind Mining RSI Levels and Volatility Now
Leveraged mining funds including the Direxion Daily Gold Miners (NUGT) and the Proshares Ultra Silver (AGQ) saw big jumps in early 2017 due to the revival in precious metals. Macroeconomic AnalysisReading Mining Companies’ Volatilities and RSI Levels
Mining companies’ volatilities are significant to the buying process. The mining shares we’ve selected in this article are Kinross Gold, Eldorado Gold, IAMGOLD, and Harmony Gold. Earnings ReportThis Is Barrick Gold’s Focus: To Improve Free Cash Flow
Barrick Gold’s (ABX) management has defined value creation for shareholders in terms of FCF (free cash flow) per share. Macroeconomic AnalysisReading the Volatility Numbers for Mining Stocks
It’s important to monitor the implied volatilities and RSI levels of large mining stocks, particularly in the wake of the changes in precious metal prices. Macroeconomic AnalysisWhere Are Mining Stocks’ RSI Numbers and Volatility Pointing?
The trailing 30-day returns of most mining companies are positive due to precious metals’ diminishing safe-haven appeal. Macroeconomic AnalysisAnalyzing the Gold-Platinum Ratio in 2017
The gold-platinum spread was ~1.2 on January 11, 2017. Platinum’s RSI (relative strength index) was 38. Macroeconomic AnalysisWhy Mining Stocks Are Seeing Rising RSI Levels
In this part, we’ll look at the implied volatilities of large mining stocks and their RSI levels in the wake of precious metal prices. Company & Industry OverviewsWhich Intermediate Gold Miners Could Run into Financial Concerns?
Eldorado Gold is well placed financially. It had a liquidity of $763.8 million, including $388.8 million in cash, cash equivalents, and term deposits. Company & Industry OverviewsDecelerating Production Growth for Some Intermediate Gold Miners
New Gold produced 123,000 ounces in 3Q15. It has guided for a production toward the higher end of the guidance range of 390,000–410,000 ounces for 2015. Company & Industry OverviewsIntermediate Gold Miners Fell in 2015 and Beyond
From the start of 2015 to January 8, 2016, the prices of gold (GLD) have fallen by 7% and the VanEck Vectors Gold Miners Index (GDX) has fallen by 23%.