EGO
Eldorado Gold Corporation · Materials · Gold
Last
$35.04
+$0.86 (+2.51%) 1:30 PM ET
Prev close $34.18
Open $35.15
Day high $36.09
Day low $34.95
Volume 2,373,610
Avg vol 2,628,330
Mkt cap
$6.77B
P/E ratio
-3.20
FY Revenue
$86.26M
EPS
-10.95
Gross Margin
37.42%
Sector
Materials
AI report sections
EGO
Eldorado Gold Corporation
No AI report section text found yet for this symbol.
Volume vs average
Intraday (cumulative)
+91% (Above avg)
Vol/Avg: 1.91×
RSI
41.27 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.00 (Weak)
MACD: -0.07 Signal: -0.07
Short-Term
+0.33 (Strong)
MACD: -0.92 Signal: -1.25
Long-Term
+0.26 (Strong)
MACD: -2.46 Signal: -2.72
Intraday trend score 43.00

Latest news

EGO 12 articles Positive: 10 Neutral: 2 Negative: 0
Neutral GlobeNewswire Inc. • Brixton Metals Corporation
Brixton Metals Announces Option Grants

Brixton Metals Corporation announced that its Board has granted 4,500,000 incentive stock options to directors, officers, employees, and consultants at $1.04 per share for a 10-year period. The options vest immediately, except for investor relations personnel whose options vest over 12 months in quarterly increments.

IE EGO stock options incentive compensation equity grants exploration company mining projects Thorn project
Sentiment note

Mentioned only as an option holder for the Atlin Goldfields project with no material updates or developments disclosed regarding the partnership.

Positive Benzinga • Na
Eldorado Gold Completes Acquisition of Foran Mining

Eldorado Gold has completed its acquisition of Foran Mining Corporation, adding the McIlvenna Bay project to its portfolio. The high-quality copper-zinc-gold-silver deposit is located in Saskatchewan near the prolific Flin Flon mining district. Eldorado plans to delist Foran shares from the TSX and OTCQX and terminate its public reporting obligations.

EGO acquisition mining copper McIlvenna Bay Flin Flon merger and acquisition portfolio expansion
Sentiment note

The acquisition strengthens Eldorado's asset portfolio with a high-quality, long-life mining asset in a premier jurisdiction. The deal provides additional exposure to copper (a critical mineral) and offers exceptional exploration potential, enhancing long-term growth prospects. CEO commentary emphasizes strategic value and sustainable value creation.

Neutral GlobeNewswire Inc. • Na
Eldorado Gold Provides Q1 2026 Conference Call Details

Eldorado Gold Corporation announced it will release its First Quarter 2026 Financial and Operational Results on April 30, 2026, followed by a conference call on May 1, 2026. The company also reported voting results from a special shareholder meeting regarding a share issuance resolution and an arrangement with Foran Mining.

EGO Q1 2026 results conference call shareholder meeting share issuance Foran Mining arrangement gold producer
Sentiment note

The article is primarily an announcement of routine corporate events (earnings release and shareholder meeting results) with no indication of positive or negative business developments. The tone is informational and procedural rather than highlighting any material business impact.

Positive Benzinga • Foran Mining Corporation
Foran Securityholders Approve Business Combination with Eldorado Gold

Foran Mining Corporation securityholders have approved a business combination with Eldorado Gold Corporation with 83.4% of votes cast in favor. The arrangement is expected to close on or about April 14, 2026, subject to final court approval and Eldorado shareholder approval. Foran is a near-term critical minerals producer focused on developing the McIlvenna Bay copper-zinc-gold-silver deposit in Saskatchewan.

EGO business combination merger shareholder approval critical minerals copper-zinc deposit McIlvenna Bay arrangement
Sentiment note

Eldorado is acquiring Foran Mining, which adds a near-term critical minerals production asset (McIlvenna Bay deposit) to its portfolio. The deal has received strong securityholder approval and is on track for closure, representing a strategic expansion of Eldorado's mineral resources.

Positive Benzinga • Na
Eldorado Gold Reminds Shareholders to Vote FOR the Share Issuance Resolution and Foran Mining Reminds Securityholders to Vote FOR the Arrangement Resolution

Eldorado Gold and Foran Mining are urging shareholders to vote in favor of their proposed merger arrangement scheduled for April 7, 2026. Under the deal, Foran shareholders will receive 0.1128 Eldorado shares plus C$0.01 per Foran share. The combined entity is expected to generate $2.1 billion in EBITDA and $1.5 billion in free cash flow in 2027, with two development projects advancing toward production in mid-2026 and Q3 2026.

EGO merger arrangement shareholder vote mining copper gold EBITDA
Sentiment note

The merger is expected to create a peer-leading growth profile with significant EBITDA and free cash flow generation ($2.1B and $1.5B respectively in 2027), diversified asset base across attractive jurisdictions, and near-term production from two fully financed development projects. Both boards unanimously approved the arrangement.

Positive Benzinga • Prnewswire
Fairfax Financial Enters into Voting Support Agreement for Eldorado Gold Corporation and Foran Mining Combination

Fairfax Financial Holdings has entered into a voting support agreement to vote its 17.6% stake (expanding to 21.6% post-conversion) in favor of Foran Mining's proposed plan of arrangement with Eldorado Gold Corporation. The transaction aims to create a high-quality, Canadian-based mining company with significant copper reserves and a compelling growth profile, pending shareholder approval.

EGO voting support agreement plan of arrangement mining combination copper reserves critical minerals McIlvenna Bay Project shareholder approval
Sentiment note

The combination with Foran is framed as creating a compelling growth profile by adding Foran's world-class copper reserves and low hydro energy costs to Eldorado's established portfolio and development pipeline.

Positive GlobeNewswire Inc. • Na
Eldorado Gold Enters into Project Alliance with G Mining Services

Eldorado Gold Corporation has entered into a Memorandum of Understanding with G Mining Services Inc. to establish a strategic engineering and construction alliance supporting project delivery across Eldorado's portfolio, including Perama Hill, Lamaque Complex, Skouries, Olympias, and McIlvenna Bay. The partnership aims to enhance project readiness, delivery certainty, and capital efficiency by leveraging G Mining's proven engineering and execution capabilities.

EGO strategic alliance engineering and construction project delivery gold mining capital efficiency project development Memorandum of Understanding
Sentiment note

The company is establishing a strategic partnership with an experienced engineering firm to strengthen project delivery capabilities, enhance capital efficiency, and de-risk major development projects. This demonstrates proactive management and confidence in executing its growth pipeline.

Positive Benzinga • Foran Mining Corporation
Foran Mining Announces Leading Independent Proxy Advisory Firm ISS Recommends Foran Shareholders Vote "FOR" the Proposed Arrangement with Eldorado Gold; Shareholders Reminded to Vote Today

Leading proxy advisory firm ISS has recommended Foran Mining shareholders vote in favor of the proposed arrangement with Eldorado Gold. Under the deal, Eldorado will acquire all outstanding Foran shares, with each shareholder receiving 0.1128 Eldorado shares and $0.01 cash per Foran share. ISS cited strategic rationale including diversification, growth potential, and financial flexibility. Foran's board unanimously supports the arrangement, and shareholders are urged to vote before the April 2, 2026 deadline.

EGO merger acquisition proxy advisory shareholder vote mining critical minerals McIlvenna Bay Project
Sentiment note

Acquiring Foran Mining is expected to strengthen Eldorado's long-term growth profile through a disciplined, value-focused combination with access to critical minerals assets and exploration upside.

Positive GlobeNewswire Inc. • Na
Eldorado Gold Announces Leadership Updates – Strengthening Operational Execution and Project Development

Eldorado Gold Corporation announced key leadership appointments to strengthen operations and project execution. Simon Hille was promoted to Executive Vice President and Chief Operating Officer, overseeing global operations, projects, and exploration. Gordana Vicentijevic was appointed Senior Vice President of Projects, effective May 4, 2026, bringing extensive experience in large-scale project delivery from her previous role at Equinox Gold.

EQX EGO leadership appointment Chief Operating Officer operational execution project development mining operations organizational restructuring
Sentiment note

The company is making strategic leadership appointments with experienced executives to strengthen operational discipline and project execution. The CEO's statement emphasizes reinforced focus on operational excellence and strategic priorities, indicating confidence in organizational direction and capability to deliver growth initiatives.

Positive GlobeNewswire Inc. • Equity-Insider.Com
The 2026 Gold Crunch: Why Smart Money Wants Scalable Permitted Assets

The gold sector is experiencing a strategic rotation toward fully permitted, de-risked assets with simple metallurgy and clear production pathways. Institutional capital is driving this shift amid a weakening dollar and global uncertainty, with record ETF inflows in February 2026. Major gold companies are advancing key projects and expanding reserves.

EGO CGAU ITRG NAK gold mining institutional capital de-risked assets metallurgy
Sentiment note

Received Operating Authorization for Ormaque deposit at Lamaque Complex in Quebec, unlocking high-grade underground ore delivery; advancing Sigma Mill expansion studies targeting throughput increase from 2,500 to 5,000 tonnes per day.

Positive Benzinga • Prnewswire
Foran Announces Mailing of Joint Management Information Circular

Foran Mining Corporation has announced the mailing of a joint management information circular for special meetings of its securityholders and Eldorado Gold shareholders regarding their previously announced combination. The transaction is expected to position the combined entity to deliver peer-leading near-term growth with two fully financed development projects advancing toward commercial production in mid-2026 and Q4 2026, while generating approximately $2.1 billion in EBITDA and $1.5 billion in free cash flow in 2027. Foran's board unanimously recommends securityholders vote in favor of the arrangement, with voting deadline set for April 2, 2026.

EGO merger acquisition mining gold copper development projects shareholder vote
Sentiment note

Following completion of the transaction, Eldorado is positioned to benefit from increased scale, two fully financed development projects nearing production, projected $2.1 billion EBITDA and $1.5 billion free cash flow in 2027, enhanced Canadian exposure, improved trading liquidity, and a long-life diversified asset base across attractive jurisdictions.

Positive GlobeNewswire Inc. • Eldorado Gold Corporation
Eldorado Announces Mailing of Joint Management Information Circular; Provides Leadership Transition and Board Succession Update

Eldorado Gold announced the mailing of a joint management information circular for its combination with Foran Mining Corporation. The transaction is expected to deliver peer-leading growth with two fully financed development projects advancing toward production in 2026, generating approximately $2.1 billion EBITDA and $1.5 billion free cash flow in 2027. Leadership changes include CEO George Burns retiring in Q3 2026, with President Christian Milau assuming the role, while Board Chair Steven Reid plans to retire in 2027.

EGO merger and acquisition leadership transition board succession mining development EBITDA guidance free cash flow shareholder vote
Sentiment note

The company announced a strategic combination with Foran Mining that is expected to deliver significant growth, with peer-leading near-term production, substantial EBITDA and free cash flow projections for 2027, diversified asset base, and exploration upside. The planned leadership transition is described as deliberate and well-sequenced, supporting continuity and long-term interests.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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