Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Eldorado Gold's Strengths And Weaknesses

Operating in a tough commodity and precious metals environment, Eldorado Gold (NYSE:EGO) has been fairly resilient, even though the share price has taken a beating like the majority of its peers have. In my view Eldorado Gold is one of the few miners that deserve a better share price than it's trading at, with my other favorite being Alamos Gold, which I talk about in-depth here.

Two years ago almost to the date Eldorado was trading at $17.75, and since has fallen to as low as $5.66 a share on June 26, 2013. On July 13, 2012, the share price stood at $10.78, soaring to 15.96 on September 19, before plummeting again. Since April 17, 2013, it...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details