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Eldorado Gold downgraded by RBC Capital, citing Greek concerns

Source: Seeking Alpha

Eldorado Gold (EGO -1.8%) is downgraded to Sector Perform at RBC Capital, citing concerns about ongoing permitting delays at Eastern Dragon and lack of clarity regarding approval for Perama Hill. The firm also is cautious on potential headline and geopolitical risk given what appears to be a highly politicized situation in Greece regarding EGO’s build-out plans.


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