How can you buy Eldorado Gold shares?

Do you want to invest in the company Eldorado Gold? That’s possible! In this article, you can read how to buy Eldorado Gold stocks. You can also request the current share price here.

Where can you buy Eldorado Gold shares?

Gold is still very popular, especially in uncertain times. You can choose to buy gold yourself. Another option is to buy shares in a company that is centred around gold. The best place to buy the Eldorado Gold stock is at eToro. At this broker, you do not pay set commissions when you buy this stock. This increases your potential profitability immediately. With the button below you immediately open an account:

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

How can you actively invest in Eldorado Gold?

Are you thinking about actively trading in the Eldorado Gold stock? That is possible with CFDs. With CFDs, you can place orders on both rising and falling prices. Use the button below to create a free demo account with Plus500 and try active trading in Eldorado Gold yourself:

72% of retail CFD accounts lose money.

What is the current stock price of Eldorado Gold?

Are you curious about the current price of the Eldorado Gold share? In the graph below you can see the current value of the Eldorado Gold share. You can also use the buttons to open a new position:

Is it wise to invest in Eldorado Gold?

Whether it’s wise to invest in Eldorado Gold shares, strongly depends on the economic situation. When there is a lot of uncertainty about the economic future, it can be smart to invest in a company that deals with gold. The profit margins on the commodity will then increase, allowing a company like Eldorado Gold to make more profit.

It is also important to keep an eye on the development of new mines. For example, Eldorado Gold is setting up a project in the Skouries mine in Greece. This mine contains 140.000 ounces of gold. They are also investigating a mine in Canada that contains 150,000 ounces of gold. If Eldorado Gold succeeds in claiming and exploiting this type of new mine it can increase the profitability of the company. This can be a good reason to buy Eldorado Gold shares.

However, there are also important sidenotes: for example, the Greek government must be open to continue their cooperation with Eldorado Gold. Also, the construction costs of a mine are very high: the costs run into the hundreds of millions. It is therefore advisable to compare the company with competing gold mines: some other gold mines pay dividends which could make it a more attractive investment.

About the company Eldorado Gold

Eldorado Gold is a Canadian producer of gold and base metals. The company has over 25 years of experience in building and operating mines in Europe, Asia, and the Americas. The company operates worldwide. Eldorado Gold has mines in Canada, Turkey, Greece, Romania, Serbia and Brazil. The company is involved in all facets of mining: research, development, production, and mining. Founded in 1992, the company is headquartered in Vancouver, Canada.

eldorado gold

A decentralized company

The company consists of a number of decentralized business units. The company therefore has offices in several countries. The company’s employees and management generally originate from the country where the office is located.

Acquisitions

Eldorado Gold has taken over some companies. In December 2011, the company announced the acquisition of European-focused Canadian mining company European Goldfield. The company was acquired in February 2012. The acquisition brought the company into the possession of the Sertej mine in Romania and the Sartoni mine in Greece.

In May 2017, the company announced to acquire the Canadian junior company Integra Gold Corp. This acquisition was completed in June 2017. The acquisition brought the company into the possession of the Lamaque Mine in Canada.

Do you think the company will make more interesting acquisitions in the future? This could just affect the price of the Eldorado Gold share.

2015: tax evasion

In 2015, the Netherlands helped companies to evade taxes in Greece. For example, the company Eldorado Gold made use of empty Dutch letterbox companies. These are companies that do not employ personnel and were set up solely to avoid tax. Interest income from a Greek subsidiary is shifted to Barbados via the Dutch letterbox company.

2017: production

In 2017 Eldorado Gold will produce approximately 393,000 ounces of gold. At the end of 2017, the company has a proven and probable gold reserve of approximately 17.3 million ounces. The largest gold mine in Turkey is exploited by Eldorado Gold. In Greece, the company is one of the largest foreign investors.

Eldorado Gold is a successful company

Why is the company successful? The company has dedicated and highly educated employees and works safely and responsibly. The company has a portfolio of high-quality mines. The company also has long-term partnerships with the community in the countries where the company operates. Do you think it’s smart to invest in Eldorado Gold?

 

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