Eldorado Gold Q2 2026 earnings rise on higher realized gold prices, FX gains and lower depreciation, company says

Reuters2026/07/30 21:28

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Eldorado Gold posted Q2 2026 net earnings of $172.8 million as higher realized gold prices offset lower gold sales volumes and higher operating costs.
Revenue rose to $487.5 million as realized gold price increased to $4,379/oz, despite gold sold falling to 102,691 oz.
Production costs increased to $184.8 million, driven mainly by higher royalties in Turkiye and Greece, inflation-linked labor and maintenance, Lamaque mining depth.
Lower output at Kisladag and Efemcukuru weighed on results; Lamaque output rose on higher throughput and recoveries following Ormaque authorization.
Foreign-exchange gains of $13.9 million and lower depreciation helped earnings, partly offset by higher finance costs and income tax expense of $54.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eldorado Gold Corporation published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Eldorado Gold Q2 2026 earnings rise on higher realized gold prices, FX gains and lower depreciation, company says

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