Eldorado Gold

ELD-T

TSE:ELD

9.50
0.16 (1.66%)
Eldorado Gold Corporation is a Canadian mid-cap gold mining company. It has assets in Canada, Turkey, Greece, Romania, Brazil and Serbia.
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Analysis and Opinions about ELD-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 9, 2019

Not shorting any gold right now. Stock's run well ahead of the group, so he's not as enamoured with this name. He'd look at B2Gold. For domestic, he'd take Detour Gold. Gold is the default winner in the face of US debt putting pressure on the dollar, and will probably be higher in 6 months.

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Eldorado Gold (ELD-T)
September 9, 2019

Not shorting any gold right now. Stock's run well ahead of the group, so he's not as enamoured with this name. He'd look at B2Gold. For domestic, he'd take Detour Gold. Gold is the default winner in the face of US debt putting pressure on the dollar, and will probably be higher in 6 months.

COMMENT
COMMENT
August 23, 2019
Next few quarter's growth will probably do well, especially if they leverage. The gold cycle looks like it is picking back up. Might wait for a pullback. The jurisdiction they mine in is safe.
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Eldorado Gold (ELD-T)
August 23, 2019
Next few quarter's growth will probably do well, especially if they leverage. The gold cycle looks like it is picking back up. Might wait for a pullback. The jurisdiction they mine in is safe.
SPECULATIVE BUY
SPECULATIVE BUY
March 5, 2019
You have to be speculative to but this stock now. They have some debt maturing soon. If you are really bull on gold it is cheap.
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Eldorado Gold (ELD-T)
March 5, 2019
You have to be speculative to but this stock now. They have some debt maturing soon. If you are really bull on gold it is cheap.
HOLD
HOLD
January 16, 2019
Sell ELD for Americas Silver? Definitely. He doesn't own ELD, but would hold it. Good management. Americas is one of the few juniors that recently bought a company; good managers who keep delivering and are building a beautiful business.
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Eldorado Gold (ELD-T)
January 16, 2019
Sell ELD for Americas Silver? Definitely. He doesn't own ELD, but would hold it. Good management. Americas is one of the few juniors that recently bought a company; good managers who keep delivering and are building a beautiful business.
DON'T BUY
DON'T BUY
November 6, 2018
It's been really hammered through production shortfalls. It looks cheap, but investors question how they can allocate capital effectively.
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Eldorado Gold (ELD-T)
November 6, 2018
It's been really hammered through production shortfalls. It looks cheap, but investors question how they can allocate capital effectively.
DON'T BUY
DON'T BUY
October 30, 2018
Forego for now, based on the chart. Go to something with better financials and sustainability.
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Eldorado Gold (ELD-T)
October 30, 2018
Forego for now, based on the chart. Go to something with better financials and sustainability.
BUY
BUY
August 14, 2018

He just raised his target from $1.40 to $1.45. He likes plays with good reserves in the ground and generating cash flow. If you own it, hold it, don't sell it. This sector has taken a beating. Consider averaging down, because there will be a rebound in precious metals. Be patient with the metals.

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Eldorado Gold (ELD-T)
August 14, 2018

He just raised his target from $1.40 to $1.45. He likes plays with good reserves in the ground and generating cash flow. If you own it, hold it, don't sell it. This sector has taken a beating. Consider averaging down, because there will be a rebound in precious metals. Be patient with the metals.

DON'T BUY
DON'T BUY
April 4, 2018

This company has had a lot of trouble for several years. His preferred way to own gold is through a royalty holding such as Franco-Nevada, where you are insulated from government nationalization or granting reviews.

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Eldorado Gold (ELD-T)
April 4, 2018

This company has had a lot of trouble for several years. His preferred way to own gold is through a royalty holding such as Franco-Nevada, where you are insulated from government nationalization or granting reviews.

WATCH
WATCH
March 5, 2018

Replace this with Silvercorp? He'd keep Eldorado. If he's down 50% on a stock, he'd sell it for a tax loss, wait 30 days, then decide with a clear mind. This company has made some horrible capital allocation decisions. It's so beaten down and heated that he's actually attracted to it. But he wants to see their next capital allocation decision before buying.

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Eldorado Gold (ELD-T)
March 5, 2018

Replace this with Silvercorp? He'd keep Eldorado. If he's down 50% on a stock, he'd sell it for a tax loss, wait 30 days, then decide with a clear mind. This company has made some horrible capital allocation decisions. It's so beaten down and heated that he's actually attracted to it. But he wants to see their next capital allocation decision before buying.

DON'T BUY
DON'T BUY
February 27, 2018

They have had a lot of problems, especially in Greece, where negotiations have been very difficult and will continue to be. Golds have not moved up a lot over the past few years. They often go up before PDAC (Prospectors & Developers Association of Canada Conference, http://www.pdac.ca/convention) and go down after it. So if you are planning to sell Eldorado, this might be the right time.

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Eldorado Gold (ELD-T)
February 27, 2018

They have had a lot of problems, especially in Greece, where negotiations have been very difficult and will continue to be. Golds have not moved up a lot over the past few years. They often go up before PDAC (Prospectors & Developers Association of Canada Conference, http://www.pdac.ca/convention) and go down after it. So if you are planning to sell Eldorado, this might be the right time.

DON'T BUY
DON'T BUY
February 2, 2018

Likes golds, but Eldorado's ROIC negative and still lags compared to everyone else in this space. There should be positive returns at this point in the cycle.

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Eldorado Gold (ELD-T)
February 2, 2018

Likes golds, but Eldorado's ROIC negative and still lags compared to everyone else in this space. There should be positive returns at this point in the cycle.

COMMENT
COMMENT
December 8, 2017

Gold is not cheap enough to be a contrarian play. There are some gold companies that he likes. With this one, you get into the political scene in Greece. They’ve had all kinds of difficulties, and continue to do so.

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Eldorado Gold (ELD-T)
December 8, 2017

Gold is not cheap enough to be a contrarian play. There are some gold companies that he likes. With this one, you get into the political scene in Greece. They’ve had all kinds of difficulties, and continue to do so.

COMMENT
COMMENT
November 24, 2017

When it appeared they might have come to an agreement with the Greek government a couple of months ago, he felt it was the 3rd inning. However, they’ve taken a step back. It’s an ongoing saga. They’ve put about $1 million into the mine and have employed a lot of workers. It’s on his Watch List, but he’s not willing to dive into it.

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Eldorado Gold (ELD-T)
November 24, 2017

When it appeared they might have come to an agreement with the Greek government a couple of months ago, he felt it was the 3rd inning. However, they’ve taken a step back. It’s an ongoing saga. They’ve put about $1 million into the mine and have employed a lot of workers. It’s on his Watch List, but he’s not willing to dive into it.

COMMENT
COMMENT
November 3, 2017

Has been on his watch list for years. Greece is their big growth prospect. They were having all kinds of difficulty with the Greek government. Recently the government capitulated to some degree. The company was threatening to leave the country. They've spent well over $1 billion already. They employed a lot of workers who demonstrated against the government. It's a fascinating contrarian play. If you buy into a stock like this, you have to be very, very patient.

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Eldorado Gold (ELD-T)
November 3, 2017

Has been on his watch list for years. Greece is their big growth prospect. They were having all kinds of difficulty with the Greek government. Recently the government capitulated to some degree. The company was threatening to leave the country. They've spent well over $1 billion already. They employed a lot of workers who demonstrated against the government. It's a fascinating contrarian play. If you buy into a stock like this, you have to be very, very patient.

COMMENT
COMMENT
September 15, 2017

Has some very good assets, but unfortunately in some difficult environments, Greece being front and centre. Probably trades at a 30%-40% discount to its peers. A very low cost producer and great margins. Material growth down the road over the next 5 years. Unfortunately, they are in a bit of a battle with the more recent Greek government, where permitting and the ability to get things done has been hampered. They are now going into arbitration. They’ve received an important license for the Olympias project, one of 2 major projects there. He has avoided this stock because he is not interested in extreme volatility.

Show full opinionHide full opinion
Eldorado Gold (ELD-T)
September 15, 2017

Has some very good assets, but unfortunately in some difficult environments, Greece being front and centre. Probably trades at a 30%-40% discount to its peers. A very low cost producer and great margins. Material growth down the road over the next 5 years. Unfortunately, they are in a bit of a battle with the more recent Greek government, where permitting and the ability to get things done has been hampered. They are now going into arbitration. They’ve received an important license for the Olympias project, one of 2 major projects there. He has avoided this stock because he is not interested in extreme volatility.

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