07:22 AM EDT, 07/26/2024 (MT Newswires) -- Eldorado Gold ( EGO ) maintained an Outperform rating and $26 price target after the company released its second-quarter results, National Bank of Canada said in a note on Thursday.

Eldorado's share price was up 0.6% at last look to US$15.79 on NYSE pre-market trading.

The company booked an adjusted diluted EPS of US$0.32, beating the bank's forecast and the consensus estimate of US$0.26.

Gold production of 122,000 ounces was slightly below the bank's estimate of 124,000 ounces.

National Bank noted that Eldorado offers one of the more attractive medium-term growth outlooks in the intermediate producer space through the development of the Skouries project in Greece.