Eldorado Gold: Skouries Delayed Again + Guidance Cut
Eldorado Gold has seen its stock crash after further delays were announced for its oncoming Skouries gold mine in Greece.
The equity tumbled by over 10% as a result of the delay, which has resulted in a cut to production guidance for 2025, while adding additional capital expenditures that were unexpected by the market.
To add to the mess, production guidance has also been lowered at two other currently producing mines, further eroding investor confidence in the producer.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
