10 Best Gold Stocks To Buy Right Now

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6. Eldorado Gold Corp (USA) (NYSE:EGO)

In Eldorado Gold Corp (USA) (NYSE:EGO), the number of bullish investors long the stock rose by two to 20 between January and March. At the same time, the total value of their holdings declined to $69.89 million from $87.43 million. The stock of the Toronto-based gold exploration and mining company has dropped by 23% since the beginning of the year.

In June, Eldorado Gold Corp (USA) (NYSE:EGO) provided an update on production estimates from its Kisladag mine in Turkey, the largest in the country. The company said that it expected to obtain 38,400 ounces of gold in the second quarter and 90,000 in the first six months of 2017, which meant that it would fail to reach it guidance of 230,000 to 245,000 ounces for 2017. Instead, Eldorado Gold Corp (USA) (NYSE:EGO) expects to produce between 180,000 and 210,000 ounces at Kisladag this year.

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