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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Eldorado Gold Corporation is a gold and base metals mining, development, and exploration company. It has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece. It operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec, Canada, and Olympias, located in northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. The Lamaque Complex is located in Val-d’Or, Quebec. It includes the Triangle Mine (Upper and Lower), the Ormaque Deposit, the Parallel Deposit, the Plug #4 Deposit, and the Sigma Mill. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Its other development project in its portfolio includes Perama Hill, a gold-silver project in Greece. Its Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece.


TSX:ELD - Post by User

Bullboard Posts
Post by CatamaranFundon Apr 29, 2020 1:30pm
91 Views
Post# 30967207

CANADA STOCKS-TSX gains on oil prices rise

CANADA STOCKS-TSX gains on oil prices rise

A quick look across all stocks today reveals Energy stocks almost all up 7 to 13%

CANADA STOCKS-TSX gains on oil prices rise, easing lockdowns

April 29 (Reuters) - Canada's main stock index rose to a seven-weeks high on Wednesday, buoyed by a rise in oil prices and easing of coronavirus-driven lockdowns in some countries.

Oil prices jumped on the news of a smaller-than-expected rise in U.S. stockpiles.

* At 09:47 a.m. ET (13:47 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 258.49 points, or 1.75%, at 15,056.78.

* U.S. crude inventories rose by 10 million barrels to 510 million barrels in the week to April 24, data from industry group the American Petroleum Institute showed on Tuesday, compared with analysts' expectations for a build of 10.6 million barrels.

* The energy sector climbed 6.3% as U.S. crude prices were up 27.2% a barrel, while Brent crude added 12.8%.

* The financials sector gained 2.4%. The industrials sector rose 1.8%.

* The materials sector, which includes precious and base metals miners and fertilizer companies, lost 0.3% as gold futures fell 0.1% to $1,708.5 an ounce.

* On the TSX, 203 issues were higher, while 28 issues declined for a 7.25-to-1 ratio favouring gainers, with 39.94 million shares traded.

* The largest percentage gainers on the TSX were Celestica Inc, which jumped 15.4% after it reported Q1 revenue and profit above Wall Street expectations and Norbord Inc , which rose 13.3%.

* Kinross Gold Corp fell 3.2%, the most on the TSX, The second biggest decliner was Metro Inc, down 2.8%.

* The most heavily traded shares by volume were Bombardier Inc, up 3.5%; Athabasca Oil Corp, up 9.1% and Baytex Energy Corp, up 9.3%.

* The TSX posted 3 new 52-week highs and no new lows.

* Across all Canadian issues there were 11 new 52-week highs and two new lows, with total volume of 68.03 million shares.

(Reporting by Amal S in Bengaluru; Editing by Rashmi Aich)


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