Jun. 22 at 10:24 PM
Read my latest article on
$EGO and why I believe it’s a buy at it’s current valuation, here’s a summary:
Eldorado Gold Corporation is rated a buy, driven by new mine developments and elevated gold prices.
EGO's Skouries mine and McIlvenna Bay Project are set for commercial production in Q4 and Q3 2026, respectively, diversifying and boosting future revenues.
Despite negative FCF due to Skouries construction, EGO maintains a manageable debt profile and industry-aligned valuation metrics, positioning for improved cash flow post-projects.
I expect EGO shares to reach
$40 (17.26% upside), supported by operational catalysts and a robust gold price outlook.
https://seekingalpha.com/article/4916556-eldorado-gold-corporation-stock-well-positioned-to-take-advantage-of-elevated-gold-prices
$SEKA