Eldorado Profit Rises with Gold

Precious Metals

Financial Post reported the higher gold prices helped Eldorado Gold (NYSE:EGO) to higher second quarter profits.

Financial Post reported the higher gold prices helped Eldorado Gold (NYSE:EGO) to higher second quarter profits.

The market news is quoted as saying:

Net income rose to $74.9 million, or 14 cents a share, from $55.7 million, or 10 cents a share, in the second quarter of 2010. Revenue rose to $251.4 million from $206.4 million, the company said in a release on Thursday evening.

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