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3 Takeaways From Eldorado Gold's Q1 Earnings [The Motley Fool]

Eldorado Gold Corporation Ordinary Shares (EGO) 
Last eldorado gold corporation ordinary shares earnings: 4/30 05:09 pm Check Earnings Report
US:NYSE Investor Relations: eldoradogold.com/investors/default.aspx
Company Research Source: The Motley Fool
3 Takeaways From Eldorado Gold's Q1 Earnings Eldorado Gold ( NYSE:EGO . A tale of met and missed expectations Consistent with management's expectations, Eldorado reported gold production of 8,977 ounces in Q 09. Although investors may be disheartened by the fact that this represents a 7.7% year-over-year decline from the 89,7 gold ounces the company produced during the same period last year, they may be relieved to learn that Eldorado reported 9,78 ounces of pre-commercial production at Lamaque in Q, and achieved commercial production at the end of the quarter. Image source: Getty Images. Although Eldorado's gold production in Q provided management with no surprises, the amount of yellow stuff sold in the quarter, ,07 ounces, came up short of expectations. The unexpectedly low volume of gold sold last quarter -- an eye-raising 0.% lower than Q 08 -- resulted from delays of concentrate shipments from Efemcukuru, one of the company's assets located in Turkey. This, in addition to an ave Show less Read more
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