Eldorado profit narrows on lower sales

July 27, 2017

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Canadian gold producer Eldorado Gold has reported lower adjusted earnings for the second quarter than last year as lower gold sales from continuing operations weighed on the TSX- and NYSE-listed miner’s financial performance.
Excluding single items, net earnings for the three months ended June 30 was $6.3-million, or $0.01 a share, compared with an adjusted net earnings of $11.7-million, or $0.01 a share, in the second quarter of 2016.

Category: General