🔴 Eldorado Gold is trading 6% down after cutting 2026 production outlook

Eldorado Gold is trading at $30.56, down 6.07%, after cutting its 2026 gold production outlook due to a slower-than-expected Skouries ramp-up.

• October 28 results lowered the 2026 production outlook to 425,000–475,000 ounces from 495,000–600,000 ounces.
• The update disclosed additional Skouries costs, while quarterly adjusted earnings missed estimates.
• October 30 was a second consecutive declining session, following a 6.04% drop on October 29.