Eldorado Gold Corporation·Basic Materials

VANCOUVER, British Columbia, April 07, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX: ELD, NYSE American: EGO) (“Eldorado” or the “Company”) today announced the voting results from its special meeting of shareholders held on Tuesday, April 7, 2026 (the “Meeting”). Eldorado shareholders voted to approve the issuance of common shares of Eldorado in connection with the proposed plan of arrangement (the “Arrangement”) with Foran Mining Corporation (TSX: FOM, OTCQX: FMCXF) (“Foran”).

Gold mining stocks were reaching for new heights in Q1 2026, but their quest got derailed as uncertainty arose about the outlook. The war in the Middle East can cause all sorts of problems for gold and gold miners, something likely to continue in Q2 2026. While an oil crisis is a short-term headwind for gold and gold miners, the long-term impact could be more positive for both.

Shares of Eldorado Gold Corporation (NYSE: EGO - Get Free Report) (TSE: ELD) have been assigned an average recommendation of "Hold" from the ten brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the

Eldorado Gold offers a compelling growth and value proposition, trading at a notable discount to peers despite imminent catalysts. Skouries mine is set for first production in Q3 2026, driving 40% output growth and significant copper exposure, further enhancing margins. EGO trades at under 8x 2026 earnings and below 5x 2027, with a strong balance sheet, new dividend, and active buybacks supporting capital returns.

Your vote is important. Vote in advance of the proxy voting deadline on Thursday, April 2, 2026 at 10:00 a.m.

Eldorado Gold Co. (TSE: ELD - Get Free Report) (NYSE: EGO)'s stock price crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of C$47.60 and traded as high as C$48.32. Eldorado Gold shares last traded at C$45.78, with a volume of 661,511 shares trading
Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemcukuru gold mines located in western Turkey; 100% interest in Lamaque gold mines located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1992 and is headquartered in Vancouver, Canada.
Basic Materials
Gold
5,800
2003-01-23
1.43