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Eldorado Gold shifts to gold-copper mining, eyeing project milestones for value boost.

Market News
18 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Eldorado Gold is evolving from a mid-sized gold producer to a diversified gold-copper miner, driven by its Skouries and Mcllvenna Bay projects. The market currently prices Eldorado at a discount due to execution risks and cautious sentiment despite strong gold prices and good margins. The Skouries project is key, expected to produce 140,000 ounces of gold and 67 million pounds of copper annually, with first concentrate due in Q3 2026. If Eldorado successfully de-risks these projects, its valuation could rise significantly from the current $36.6 NAV to about $45.75 per share.

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