First Eagle Comments on Eldorado Gold

Guru stock highlight

Jul 31, 2019

Eldorado Gold (NYSE:EGO) is a Canadian mid-tier gold mining company with assets and projects in Turkey, Canada, Greece, Brazil, Romania, and Serbia. Eldorado had good operational results from several of its mines, but unexpected delays in concentrates shipments from one of its mines depressed its quarterly earnings. The shares rallied towards the end of the quarter.

From First Eagle Investment (Trades, Portfolio) Management's second-quarter 2019 shareholder commentary.

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