tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Eldorado Gold Increases Mineral Reserves, Strengthening Future Production

Story Highlights
Eldorado Gold Increases Mineral Reserves, Strengthening Future Production

TipRanks Black Friday Sale

Eldorado Gold ( (TSE:ELD) ) just unveiled an announcement.

Eldorado Gold has released its updated Mineral Reserve and Resource estimates, reporting a 5% increase in Mineral Reserves as of September 30, 2025. This growth is attributed to successful exploration and resource conversion at key operations such as the Lamaque Complex, which saw a 25% increase in reserves. The update, based on a higher gold price assumption, strengthens Eldorado’s production outlook for the next decade and highlights its commitment to organic growth and exploration.

The most recent analyst rating on (TSE:ELD) stock is a Sell with a C$28.00 price target. To see the full list of analyst forecasts on Eldorado Gold stock, see the TSE:ELD Stock Forecast page.

Spark’s Take on TSE:ELD Stock

According to Spark, TipRanks’ AI Analyst, TSE:ELD is a Outperform.

Eldorado Gold’s strong financial performance and positive technical indicators are the primary drivers of its score. However, challenges with free cash flow and increased operational costs present risks. The stock is reasonably valued, but the absence of a dividend yield and operational challenges at Olympias are notable concerns.

To see Spark’s full report on TSE:ELD stock, click here.

More about Eldorado Gold

Eldorado Gold Corporation operates in the mining industry, focusing on the exploration, development, and production of gold. The company has key operations in Canada, Greece, and Turkey, with a market focus on extending mine life and advancing near-mine opportunities.

Average Trading Volume: 510,552

Technical Sentiment Signal: Buy

Current Market Cap: C$8.25B

Learn more about ELD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1