Eldorado Gold: Flying Under The RadarInteresting SA article by contributor Gold mining Bull;
Summary
Mid-tier gold miner Eldorado Gold is set to report its Q3 earnings on Thursday, October 29.
The company reported positive preliminary production results on October 13.
Also flying under the radar is Greece's recent decision to approve test drilling at the Mavres site in Northern Greece.
I break down what to expect in Q3, and give an update on Eldorado's recent stock performance and valuation.
Eldorado Gold: Still a Buy
"...I believe Eldorado Gold is a buy on any pullbacks ahead of its Q3 2020 earnings report. The stock is worth a buy based on its valuation, both from an earnings standpoint and the valuation of its future growth potential through its development projects - I feel the market is wrongly placing little to no value on the company's Skouries, Tocantinzinho, Perama Hill or Certej projects."