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Stock impact report

Eldorado Gold's 30% Growth Should Be Only The Beginning [Seeking Alpha]

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: Seeking Alpha
Eldorado Gold's 30% Growth Should Be Only The Beginning Summary The debt refinancing was completed. Greek parliamentary elections will be held on July 7. The probable new prime minister stated that permits for Skouries will be issued over the first month of his rule. Eldorado Gold's share price is up by more than 30% since the early elections were first mentioned. Gold price above $1,300, expected positive Q2 financial results and a real chance to finish the Skouries permitting soon, indicate further upside potential. Eldorado Gold's ( EGO Q1 2019 The markets reacted negatively also on the terms credit facility The proceeds of the notes offering along with the term loan and revolver will be used to redeem the $600 million senior notes with maturity in December 2020. Although the refinancing is positive news, as it gives Eldorado some breathing space, the market reaction was negative. It was most probably caused especially by the fact that the new notes will bear an interest of 9.5%, w Show less Read more
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