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Eldorado Gold Reports Higher Third-Quarter Profit and Revenue; Skouries Project Spending Increased
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Eldorado Gold Reports Higher Third-Quarter Profit and Revenue; Skouries Project Spending Increased
Oct 30, 2025 2:51 PM

05:28 PM EDT, 10/30/2025 (MT Newswires) -- Eldorado Gold ( EGO ) (ELD.TO, WGO) shares fell 4.9% in after-hours New York trading after the company on Thursday said its third-quarter profit and revenue rose year-over-year.

The company earned US$82.3 million, or US$0.41 per share, in the period, up from US$71 million, or US$0.35, a year ago. FactSet expected US$0.45 per share.

Revenue rose to US$434.7 million from US$331.8 million a year prior. FactSet projected US$431.1 million.

At the Skouries project in Greece, project capital for 2025 has been raised to between US$440 million and US$470 million to speed up work in some areas and reduce project risks. The total project cost estimate remains US$1.06 billion. Operational capital is on track at US$80 million to US$100 million, the company said.

The company added that it is narrowing its gold production guidance for 2025 to between 470,000 and 490,000 ounces, and increasing guidance for total cash costs to US$1,175-US$1,250 per ounce and AISC to US$1,600-US$1,675 per ounce sold.

Eldorado said it has appointed Samantha Espley to its board of directors, effective Oct. 1, and John Webster has resigned, effective Saturday.

The company's shares were last seen down US$1.24 to US$24.27 after hours. They closed up $0.68 to $35.72 on the Toronto Stock Exchange.

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