Eldorado Gold Q1 Earnings: Where’s The Cash Flow?

As it turns out, not everyone is generating free cash flow in this gold environment. Some have instead elected to prioritize growth efforts over stacking money in a bank vault, and well, the market doesn’t seem to like that idea.

Just ask Eldorado Gold (TSX: ELD) about it, who sunk as much as 3.4% on Friday after posting Q1 results that well.. Had no free cash flow. Instead they’ve prioritized that cash on growth projects, primarily their Skouries mine in Greece.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Guanajuato Silver Q1 Earnings: Trending Positive

Osisko Development: The Revised Cariboo Feasibility Study

Franco-Nevada: The Cote Gold Mine Royalty Purchase

Recommended

Steadright Signs MOU For TitanBeach Titanium Project In Morocco

Power Metallic Hits 10.99% Copper Equivalent Over 12.54 Metres At Lion Zone

Related News

Eldorado Gold: Gold Miner Just Added 17 Years of Production… MARKET MISSED IT!

The problem with gold producers that just get the work done day in and day...

Saturday, February 1, 2025, 03:17:00 PM

Eldorado Gold Raises Profit but Tightens 2024 Outlook Amid Rising Costs

Eldorado Gold Corporation (TSX: ELD) has reported robust Q3 2024 financial results, marked by revenue...

Thursday, October 31, 2024, 09:06:00 PM

Eldorado Gold Posts $316.8 Million Loss In First Quarter

Eldorado Gold (TSX: ELD) last night filed its first quarter financial results, which follows the...

Friday, April 29, 2022, 08:56:12 AM

Eldorado Gold Produces 520,293 Ounces In 2024, Hitting Guidance Midpoint

Eldorado Gold (TSX: ELD) produced 155,669 ounces of gold in the fourth quarter. The preliminary...

Wednesday, January 15, 2025, 10:18:20 AM

QMX Gold To Be Acquired By Eldorado Gold In $132 Million Transaction

Consolidation within the mining sector continues this morning, with the announcement that Eldorado Gold (TSX:...

Thursday, January 21, 2021, 08:44:23 AM