Northwire Canada EditionFriday, July 17, 2026
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LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Earnings Material +

Eldorado Gold Delivers Strong 2025 Full Year and Fourth Quarter Financial and Operational Results; Significant Free Cash Flow Excluding Skouries and Increased Cash Generated From Operating Activities

Eldorado Anchors Growth in Canada via Foran Acquisition as Skouries Home Stretch Slips to Late 2026

By The Northwire Desk — AI Analysis Feb 19, 2026 · 17:00 ELD · 65.19 Eldorado Gold Corporation
Executive Summary

The most recent news (February 19, 2026) reports strong full-year 2025 results, with Eldorado achieving gold production of 488,268 ounces, hitting the higher end of its 470,000 to 490,000-ounce guidance. Financial highlights include $1.8 billion in annual revenue and significant free cash flow of $316 million (excluding Skouries investment). The company initiated a quarterly dividend of $0.075 in January 2026 and repurchased over 7.6 million shares during 2025 for $204 million.

Crucially, the Skouries project in Greece is now 90% complete. However, the timeline for first concentrate production has shifted to early Q3 2026 (compared to earlier 2024 estimates of Q3 2025). The company also announced a definitive agreement on February 2, 2026, to acquire Foran Mining Corporation in a deal valued at approximately $3.8 billion CAD, adding the McIlvenna Bay copper-zinc-gold project in Saskatchewan to its development pipeline.

Material Impact

Operational Performance

Eldorado demonstrated high-quality execution in 2025 despite localized challenges. Lamaque (Canada) remains the star performer, offsetting technical issues at Olympias (viscosity modifier impacts) and leach cycle variability at Kisladag (Turkey). The completion of the Certej divestment in late 2025 further cleans the balance sheet.

ELD · Price
Company Overview

Eldorado Gold is a mid-tier producer with operations in Canada, Turkey, and Greece. - Flagship (Production): Lamaque Complex (Quebec). A low-cost, high-grade underground operation and the primary cash engine. - Flagship (Development): Skouries (Greece). A high-grade gold-copper porphyry project. It is expected to produce 140k oz gold and 67M lbs copper annually once at nameplate capacity. - New Flagship (Pending): McIlvenna Bay (Foran Mining). A carbon-neutral copper-zinc-gold-silver development in Saskatchewan.

Read the original news release →

More from Eldorado Gold Corporation

Jun 08, 2026 · 07:00

Eldorado’s McIlvenna Bay commercial ramp achieved its milestone on schedule, though cost creep and Skouries capex overruns temper enthusiasm.

Production / Operations May 26, 2026 · 17:00

ESG Progress Masks Skouries Cost Overruns and Legacy Production Declines

Other May 07, 2026 · 13:00

Eldorado Gold Q1 2026 Earnings Beat on Record Gold Prices, Dividend Initiation Signals Cash Flow Confidence Despite Skouries Cost Overruns

Drill Results Apr 30, 2026 · 17:12

Gold Price Surge Masks Skouries Cost Overruns as Eldorado Reports Strong Q1 Earnings

Earnings Apr 14, 2026 · 08:06

Eldorado Gold Closes Foran Deal, But Skouries Delays and Turkish Royalties Weigh on Valuation

M&A / Property Apr 13, 2026 · 07:00

Eldorado Gold Sets Stage for Q1 Results as Merger Integration Looms

Earnings