Eldorado Gold Corporation Faces Legal Scrutiny Ami…

From Financial Modeling Prep: 2025-04-29 14:00:00

Eldorado Gold Corporation, listed as NYSE:EGO, focuses on gold exploration, development, and production globally, including the Skouries Project in Greece.

Facing scrutiny from Rosen Law Firm for potential securities claims, Eldorado Gold may have misled investors with business information.

Labor market tightness in Greece has delayed the Skouries Project, pushing first production to Q1 2026 and commercial production to mid-2026.

Stock price dropped 11.2% to $14.01 on Feb 6, 2025, but National Bank maintained an “Outperform” rating with a price target raised to C$36, showing confidence in Eldorado Gold’s long-term potential.

Rosen Law Firm, preparing a class action, aims to recover investor losses for those who purchased Eldorado Gold securities, offering compensation without out-of-pocket costs.



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