Eldorado Gold Maintaining Its 2024 Annual Production Guidance Of 505,000-555,000 Ounces Of Gold. Production Continues To Be Weighted To 2H 2024. Total Cash Costs For The Full Year Are Expected To Be Between $840-$940 Per Ounce Sold And An Average AISC Of $1,190-$1,290 Per Ounce Sold
Portfolio Pulse from Benzinga Newsdesk
Eldorado Gold is maintaining its 2024 annual production guidance of 505,000-555,000 ounces of gold. Production is expected to be weighted towards the second half of 2024. Total cash costs for the year are projected to be between $840-$940 per ounce sold, with an average all-in sustaining cost (AISC) of $1,190-$1,290 per ounce sold.
July 25, 2024 | 9:07 pm
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Eldorado Gold (EGO) is maintaining its 2024 production guidance of 505,000-555,000 ounces of gold, with production weighted towards the second half of the year. Total cash costs are expected to be $840-$940 per ounce sold, and AISC is projected to be $1,190-$1,290 per ounce sold.
Maintaining production guidance and providing cost estimates gives investors confidence in Eldorado Gold's operational stability and cost management. The weighting of production to the second half of 2024 suggests potential for stronger performance later in the year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100