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Eldorado Gold rated Buy as Skouries project nears completion, boosting future cash flow and product diversity.

Analyst Insights
01 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Eldorado Gold is rated Buy due to the near completion of its Skouries copper-gold project in Greece, expected to start commercial production by Q4 2026. This project will diversify Eldorado's product mix, enhance cash flow, and reduce reliance on a single commodity. The company’s strong balance sheet, ongoing cash flow from existing mines, and secured non-recourse financing lower execution and financial risks. Currently, Eldorado Gold's valuation is discounted compared to the sector, but successful ramp-up of Skouries could close this gap and drive growth.

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