Eldorado Gold is trading 10.04% down at $31.00 after cutting its 2026 production outlook.
- Third-quarter results accompanied a reduction in expected 2026 production to 425,000–475,000 ounces from 495,000–600,000 ounces, citing weaker operating performance and a slower-than-expected Skouries ramp-up.
- Estimated Skouries project capital rose to approximately $1.425 billion. The earnings release followed the October 28 close and was the clearest company-specific catalyst for the October 29 pre-market decline.