ELDORADO GOLD (ELD) Stocks
ABOUT ELDORADO GOLD
Eldorado Gold Corporation is a Canadian mid-tier gold and base metals producer which operates and builds mines in Europe, Asia and the Americas.
The company has a 25 year long history, utilizing the strategy since its inception of discovering, acquiring and developing high-quality assets in prospective regions.
Through acquisition and exploration, the company has compiled a portfolio of high-quality assets that provide geographic diversification and geological potential.
OVERVIEW OF ELDORADO GOLD
Eldorado Gold Corporation operates two gold mines in Turkey and two polymetallic mines in Greece. Eldorado Gold Corporation also operates the Lamaque gold mine in Canada and is focused on expanding our presence in the region. Eldorado Gold Corporation’s portfolio is further strengthened by flexible development options from other development projects.
Headquartered in Vancouver, the company directly employs approximately 4 300 people world-wide. Eldorado Gold Corporation operates as a decentralized business, with most employees and management being nationals of the countries in which operations and offices are located.
Eldorado Gold Corporation locates, mines, processes and produces gold and byproduct metals. At each stage of the mining process the company aims to create value for all of its stakeholders while operating responsibly. This entails finding and developing world-class assets, growing its resources and reserves, delivering cost savings, responsibly managing its impacts and contributing to the sustainable development of the communities and countries in which it operates.
Eldorado Gold Corporation’s Exploration and Corporate Development units actively look for potential assets within its focus jurisdictions and in new regions. These units assess early and advanced-stage exploration projects and conduct near-mine and grassroots exploration programs with the goal of adding value through discovery in order to increase the company’s resources and reserves.
Eldorado Gold Corporation’s construction phase requires the greatest concentration of capital and resource inputs invested over the project’s life cycle, and the company’s contributions to sustainable development become more impactful as investment increases. Eldorado Gold Corporation identifies gaps in skills and capacity, provides on-the-job training and, where needed, strives to support local technical schools and universities to enhance their mining-specific trades programs, so that residents and students can improve their prospects of employment with the company.
Eldorado Gold Corporation’s production phase is when it can generate significant value for its stakeholders, including its employees, local communities and governments. Eldorado Gold Corporation’s outputs comprise its products, namely, gold, silver, lead and zinc. Eldorado Gold Corporation’s Marketing teams are responsible for establishing working relationships and purchasing agreements with downstream refineries.
VISION AND VALUES OF ELDORADO GOLD
Eldorado Gold Corporation’s core values are pillared on its guiding principles. Eldorado Gold Corporation is committed to acting with integrity and respect towards all its stakeholders.
To this end, Eldorado Gold Corporation assesses its potential impacts and identifies ways to mitigate these to ensure its environmental footprint is as small as possible.
Eldorado Gold Corporation takes its responsibility to protect the air, water and soil very seriously and uses best-available technologies to pro-actively measure and monitor its activities.
Eldorado Gold Corporation also aims to create real, lasting and tangible benefits for the people whose lives its operations effect, including through local skill development, improved infrastructure, or better access to healthcare.
MARKET PERFORMANCE OF ELDORADO GOLD
Eldorado Gold Corporation trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol –ELD.
Data from the company’s 2019 third quarter financial analysis shows that higher sales volumes in the quarter resulted in EBITDA of US Dollar 73.2 million. Eldorado Gold Corporation reported net earnings to shareholders of US Dollar 4.2 million, (US Dollar 0.03 per share) compared to a net loss of US Dollar 128.0 million (US Dollar 0.81loss per share) on the previous year.
The improvement was primarily a result of higher sales volumes. Adjusted net earnings were US Dollar 7.5 million (US Dollar 0.05 per share), compared to adjusted net loss of US Dollar 21.9 million (US Dollar 0.14 loss per share) on the previous year.
Eldorado Gold Corporation has recorded a steady growth performance in 2019 following a challenging year in 2018, largely due to its expanded operations and higher sales volumes.
This steady growth has delivered a rising share price for investors with good long-term growth in dividends, securing a solid buy-in for those who choose to purchase shares today.
Buy ELDORADO GOLD stocks / shares – A Step by Step Guide how to Buy / Purchase ELDORADO GOLD Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy ELDORADO GOLD Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ELDORADO GOLD STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE ELDORADO GOLD STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ELDORADO GOLD stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy ELDORADO GOLD stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?