Today we review Eldorado Gold Corporation. What is Eldorado Gold Corp? What do they offer to you as an investor? Are there better alternatives? This and more we help you answer today!
Name of the company: Eldorado Gold Corporation
Official Website URL: https://www.eldoradogold.com/home/default.aspx
CEO: George Burns
Products: Gold, Gold stocks
Today we get to review Eldorado Gold Corp, which a popular name in the precious metals mining sector. We shall look at the elements of this company’s existence that make it this popular, in a bid to discover how much potential stakeholders can expect from it. The main issues that we shall look into include the following:
– What is Eldorado Gold Corp?
– How does it go about its operations?
– What products does this company offer?
– Is it a genuine company?
– Are there any investment opportunities that you can grab?
– What alternatives to Eldorado Gold Corp’s stocks exists?
– What are this company’s main pros and cons?
What is Eldorado Gold Corp?
Eldorado Gold Corp is a mid-tier gold producer that is based in Canada. Eldorado Gold, which also deals with the production of base metals, has 25 years’ experience in the building and operation of mines in Asia, America, and Europe. Its dedication to the responsible extraction of minerals is clearly one of the main principles that guide its progress.
This company also maintains the highest standards of safety for its workers, in a bid to completely do away with unprecedented lawsuits that end up denting its finances. All its activities meet the set environmental standards in the way all waste material is disposed of in an appropriate manner. Along with its total adherence to responsibility, Eldorado Gold usually intends to partner with every concerned stakeholder to enhance and develop the areas in which it conducts its mining operations.
How it works
Eldorado Gold Corp’s operations span three global regions. Such is an approach to the diversification of its operations to see to it that its solid cash flows are not terminated at any given moment. Currently, this company operates the following mines:
Kisladag Mine – Turkey
Olympias Mine (polymetallic) – Greece
Stratoni (polymetallic) – Greece
Lamaque Gold Mine – Canada
Eldorado Gold is currently trying to expand its presence in the Lamaque region where it expects to get more gold reserves.
Its portfolio is further strengthened by its flexible development alternatives in several development projects. Eldorado Gold effectively invests in the under-explored but highly-prospective areas which promise organic growth and access to very high-quality assets.
Eldorado Gold Corp is a mid-tier gold production company which mines both gold and base metals. Its main focus is, however, on the production of gold. This is evidenced by the exclusive presentation of data about its gold mining operations in all its mines on its official website. This company produced approximately 350,000 ounces of gold in 2018, for instance.
Beyond producing gold, this company also offers stocks which shareholders can purchase at free-will, provided that they are legally doing so. Being a publicly listed company, Eldorado Gold Corp has its stocks in the following trade exchanges:
– Toronto Stock Exchange – Traded under the ticker ELD
– New York Stock Exchange-Traded under the ticker ELGO
Is it a genuine company?
Eldorado Gold is a genuine company that offers genuine products. Its mining, development, and exploration activities are distributed in 6 nations that have different jurisdictions. This means that if this company was running illegal activities, it would have already been spotted and its activities terminated. Besides that, the top directors in this company are people whose information you can find all over the internet. Some of the notable figures include:
1. George Burns –President and CEO
2. Paul Skayman – COO
3. Timothy Garvin – Executive Vice President and General Counsel
4. Jason Cho – Executive Vice President of Strategy & Corporate Development
Eldorado Gold Corp is a firm whose annual revenue lies in the millions of dollars category. It would hard for the activities of such a large company to simply go on with operations unnoticed.
Besides that, you can track all information and history regarding its stocks in Yahoo Finance.
Eldorado Gold Corp has its doors open for investors who believe they have the necessary capital to purchase its stocks and to trade them after well-thought-of durations. All that the investors have to do is to get access to the stocks listed on the New York Stock Exchange and Toronto Stock Exchange and to purchase them with the hope that their price will go up with time.
Alternatives to Eldorado Gold
If you are that one person who is obsessed with making it as a mining investor, then I would like to draw your attention to Resource Insider. This is a resource that enables you to take directed steps into investments that revolve around the mining and energy sectors. The information it presents helps you make informed decisions that are backed up by concrete data. This way, you will say goodbye to all that second-guessing and trying to see which investment finally picks.
I would also like to bring to your attention a better investment instrument, and one that offers more security. Physical gold has been established to be one very reliable investment asset, with its ability to withstand major price fluctuations, more so in long term horizons. If you, for instance, invest through a company that offers gold IRA accounts such as GoldCo, you are likely to have a more definite investment income in comparison to those who rely on gold stocks as their preferred investment instrument.
Think about it:
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
With a company such as GoldCo, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and cons
It is always wise to compare the positive sides against the negative ones and compare them against each other to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– Has a diversified portfolio of mines and development projects
– Does sustainable and responsible mining
– Supports local communities
– Has planned to continue expanding its operations
– Gold stocks are prone to major price changes.
Do You Own or represent Eldorado Gold Corporation?
If you are a representative, or associate of Eldorado Gold Corporation and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of Eldorado Gold Corporation pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Eldorado Gold Corp (Corporation) to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com