Why Shares of Eldorado Gold Are Rising This Week

• Eldorado Gold announced advancement astatine its task successful Greece.

• The institution announced the commencement of a dividend program.

• Investors funny successful golden stocks and dividend stocks person different options too Eldorado Gold.

• 10 stocks we similar amended than Eldorado Gold ›

Beginning the shortened trading week connected a affirmative note, Eldorado Gold (NYSE: EGO) banal ended Tuesday's trading league astir 6% higher from the adjacent of Friday's session. And the golden stock's momentum continued implicit the adjacent mates of days, with shares closing higher connected some Wednesday and Thursday than the erstwhile day's close.

According to information provided by S&P Global Market Intelligence, shares of Eldorado Gold are up 12.1% from the extremity of trading past Friday done the adjacent of Thursday's marketplace session.

On Tuesday, Eldorado Gold reported affirmative developments regarding its operations successful Greece, wherever the company's Skouries Project is nearing the commencement of copper-gold ore production. Management anticipates ore accumulation opening toward the extremity of the archetypal 4th 2026, with commercialized accumulation projected to statesman successful the mediate of the year.

Skouries is 1 of 3 projects that Eldorado Gold is processing successful Greece. In the property merchandise announcing the outlook for Skouries, Eldorado stated:

"Greece remains cardinal to Eldorado's strategy, with 3 projects, Skouries, Olympias Expansion, and Perama Hill, advancing arsenic planned, positioning the Company for important accumulation growth, improved margins, and enhanced currency flow."

The institution gave investors different crushed to click the bargain fastener connected Eldorado Gold banal yesterday erstwhile it announced the motorboat of a dividend program. Payable connected March 13, 2026, the $0.075 per stock quarterly dividend volition beryllium paid to shareholders of grounds arsenic of the adjacent of concern connected Feb. 27, 2026. Speaking to the program, George Burns, the company's CEO, said, "The instauration of a dividend underscores our assurance successful Skouries arsenic it transitions into accumulation and begins generating important currency flow."

Despite the company's encouraging quality connected its task successful Greece and its dividend announcement, investors shouldn't consciousness immoderate urgency to bargain Eldorado Gold stock. The projects successful Greece inactive correspond immoderate risk, and the dividend is nominal. Fortunately, some golden bugs and income investors person different options to consider.

Before you bargain banal successful Eldorado Gold, see this: