What Eldorado Gold (EGO) Said on Its Q3 Earnings Call - TradingView

AI desk brief

Eldorado Gold reported Q3 revenue of $512 million, helped by an average realized gold price of $4,326/oz versus $3,527/oz a year ago, while production came in at 106,000 oz and AISC averaged $2,050/oz sold. The company cut 2026 guidance for its legacy portfolio to 410,000-430,000 oz as Skouries and McIlvenna Bay ramp-ups lagged and capital costs rose.

Skouries commercial production is now expected in late 2026, with total project capital lifted to about $1.425 billion and $390 million of accelerated operating capital flagged. Management said both Skouries and McIlvenna Bay should reach nameplate capacity around mid-2027, with cash flow, balance-sheet management and shareholder returns to take priority once the new mines stabilize.