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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Ms. Baby Boomer who wrote (48044)4/29/2014 10:57:59 AM
From: Ms. Baby Boomer  Read Replies (1) of 48092
 
The Zacks Analyst Blog Highlights: Starbucks,
Agnico Eagle Mines, Yamana Gold, Eldorado
Gold and Kinross Gold...

Eldorado Gold Corp. ( EGO- Free Report)

Headquartered in Vancouver, Canada Eldorado Gold is engaged in the exploration, discovery, development, production, and reclamation of gold properties in Brazil, China, Greece, Turkey, and Romania.

This Zacks Rank #3 stock has delivered a year-to-date return of 4.81%, also outperforming the S&P 500 return of 2.08%. The company with a market capitalization of $4.26 billion has an impressive long-term expected earnings growth rate of 19.80%. The Zacks Consensus Estimate for the first quarter is pegged at 5 cents with an Earnings ESP of +20.00%.

Eldorado Gold will benefit from cost-reduction initiatives and the deployment of capital resources for development projects that are expected to deliver near-term cash flows. This gold producer recently announced that it expects its Deva Gold SA Certej project in Romania to produce 135,000 ounces of gold and 800,000 ounces of silver per year. Eldorado Gold believes it can exploit other resources in the region and use Certej as a platform to build up more businesses in Romania and Eastern Europe.

- Eldorado Gold Corp will report its first-quarter results after the market closes on May 1....


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