Eldorado Gold provides the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece. It primarily produces gold, as well as silver, lead, and zinc.
The company holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey. Its portfolio also includes Lamaque complex located in Quebec, Canada, Olympias located in northern Greece, and Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece. Incorporated in 1996 and headquartered in Vancouver, Canada, Eldorado Gold was formerly known as Eldorado Corporation Ltd. before rebranding in April 1996.
Eldorado Gold Corporation is a Canadian gold mining company engaged in the exploration, development, and sale of mineral products. Its primary focus is gold production, but it also produces silver, lead, and zinc as by-products. The company operates mines in Turkey, Canada, and Greece. In Turkey, it holds 100% interests in the Kisladag and Efemçukuru mines. In Canada, its portfolio includes the Lamaque complex in Quebec. In Greece, it operates the Olympias, Stratoni, Skouries, Perama Hill, and Sapes mines. The company sells these metals to generate revenue, with gold being the main driver.
Where is Eldorado Gold (EGO) listed and in what currency?
Eldorado Gold Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol EGO. Its shares trade in US Dollars (USD). The company is headquartered in Vancouver, Canada, and its primary listing is on the NYSE, making it accessible to investors in the US and globally. The use of USD for trading aligns with the exchange's currency, facilitating international investment.
What sector and industry does Eldorado Gold (EGO) belong to?
Eldorado Gold Corporation operates in the Basic Materials sector, specifically within the Gold industry. This means the company is involved in the extraction and processing of gold and other precious metals. As a gold mining company, its performance is closely tied to gold prices and global demand for precious metals. The Basic Materials sector includes companies that produce raw materials used in construction, manufacturing, and other industries, with gold mining being a key subsector focused on precious metals.
Where is Eldorado Gold (EGO) headquartered and what are its main geographic markets?
Eldorado Gold Corporation is headquartered in Vancouver, Canada. The company's operations are primarily in Turkey, Canada, and Greece. In Turkey, it owns the Kisladag and Efemçukuru mines. In Canada, it operates the Lamaque complex in Quebec. In Greece, it has a significant presence with the Olympias, Stratoni, Skouries, Perama Hill, and Sapes mines. These geographic markets provide diverse exposure to different mining jurisdictions and regulatory environments.
How does Eldorado Gold (EGO) make money?
Eldorado Gold generates revenue primarily through the mining, development, and sale of gold, along with silver, lead, and zinc as by-products. The company extracts ore from its mines, processes it to produce gold doré bars or concentrates, and sells them on the open market. Key assets include the Kisladag and Efemçukuru mines in Turkey, the Lamaque complex in Canada, and multiple mines in Greece such as Olympias, Stratoni, Skouries, Perama Hill, and Sapes. Revenue is driven by gold production volumes and prevailing gold prices, with by-product sales providing additional income.