Eldorado Gold Corporation Q2 2025 Financial Results
SEC Filing 6-K (0000918608-25-000022)
Eldorado Gold Corporation reported its unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2025. The company recorded revenue of $451.7 million for Q2 2025, a significant increase from $297.1 million in Q2 2024. Net earnings for the quarter were $134.8 million, compared to $55.3 million in the same period last year. The company's cash and cash equivalents stood at $1,078.6 million as of June 30, 2025, up from $595.1 million a year earlier. Eldorado Gold continued its operations in Turkiye, Canada, and Greece, with significant contributions from its Kişladağ, Efemçukuru, Lamaque, and Olympias mines. The company also reported progress on its Skouries Project in Greece, with continued drawdowns on the Term Facility and VAT Facility. Financial risk management strategies included the use of derivative instruments to hedge against foreign exchange and metal price risks.