Movement Alert｜Eldorado Intraday Rise 7.47% in Regular Trading, Skouries Project Reaches Another Commissioning Milestone

Market Focus10-28

On October 28, Eldorado recorded an Intraday Rise of 7.47% in Regular Trading, with the stock trading at $34.09 and turnover of $107 million.

The move was supported by the company’s latest Skouries project update, which said the tailings filter presses are now operational, a key commissioning milestone that supports progress toward commercial production.

Earlier updates had already shown permanent grid energization, first copper-gold concentrate production, and the project’s designation as an EU Strategic Project. Together, these developments point to accelerating execution at a major growth asset. The stock’s move also came ahead of the company’s October 28 post-market earnings release, for which market consensus had projected quarterly revenue of $674 million, up 56.86% year over year, and adjusted EPS of $0.84, up 80.34% year over year.

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