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iShares International Developed Small Cap Value Factor ETF
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Provenance Gold Hits 5.94 g/t Gold Over 19.81m at Eldorado Project

Provenance Gold Corp. announced assay results from its drilling at the Eldorado Gold Project in Oregon, revealing significant gold intersections. Notably, hole ED29 showed 1.56 g/t gold over 254.51 meters, with higher-grade zones of 2.84 g/t over 42.67 meters and 9.8 g/t over 6.10 meters. A new mineralized zone yielded 5.94 g/t gold over 19.81 meters, including 20.33 g/t over 4.57 meters. The mineralization is open in all directions, suggesting potential for further exploration.

Reuters·
US
EGO
+1.23%
Reuters·
US
EGO
+1.23%

RBC Capital Sticks to Their Buy Rating for Eldorado Gold (EGO)

Siperco covers the Basic Materials sector, focusing on stocks such as G Mining Ventures, Lundin Gold, and B2Gold. According to TipRanks, Siperco has an average return of 40.4% and a 69.85% success rate on recommended stocks. In addition to RBC Capital, Eldorado Gold also received a Buy from National Bank’s Don DeMarco in a report issued yesterday. However, on November 3, TR | OpenAI – 4o reiterated a Hold rating on Eldorado Gold (NYSE: EGO).

Tip Ranks·
US
EGO
+1.23%
Tip Ranks·
US
EGO
+1.23%

Eldorado Gold’s Earnings Call: Mixed Sentiments and Strategic Progress

Eldorado Gold's earnings call revealed mixed sentiments, showcasing strong gold production of 115,190 ounces and $77 million in free cash flow, alongside challenges like increased cost guidance and operational issues at Olympias. The company successfully repurchased 3 million shares for $79 million and made progress on the Skouries project, now 73% complete. However, total cash costs were revised to $1,175-$1,250 per ounce due to high gold prices and operational hurdles. The lost time injury frequency rate increased, indicating a need for improved safety measures. Overall, the call highlighted operational strengths and strategic advancements amid ongoing challenges.

Tip Ranks·
US
EGO
+1.23%
Tip Ranks·
US
EGO
+1.23%

Bank of America Securities Reaffirms Their Sell Rating on Eldorado Gold (EGO)

According to TipRanks, Winder is a 5-star analyst with an average return of 15.7% and a 57.54% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Barrick Mining, Wheaton Precious Metals, and Freeport-McMoRan. Eldorado Gold has an analyst consensus of Moderate Buy, with a price target consensus of $34.95.

Tip Ranks·
US
EGO
+1.23%
Tip Ranks·
US
EGO
+1.23%

FY2026 EPS Estimates for Eldorado Gold Lifted by Scotiabank

Scotiabank has raised its FY2026 earnings per share (EPS) estimate for Eldorado Gold Corporation from $2.06 to $3.06, maintaining a "Sector Perform" rating with a target price of $33.00. The consensus estimate for the company's current full-year earnings is $1.50 per share. Other brokerages have also adjusted their ratings and target prices for Eldorado Gold, reflecting a generally positive outlook. The stock is currently trading at $25.51, with a market capitalization of $5.19 billion and a consensus rating of "Moderate Buy."

Market Beat·
US
EGO
+1.23%
Market Beat·
US
EGO
+1.23%