Latest Reports on Eldorado Gold, B2Gold, OceanaGold and Yamana Gold

NEW YORK, NY / ACCESSWIRE / August 22, 2016 / Gold prices rose last week after minutes from the U.S. Federal Reserve showed officials were split on the timing of an interest rate hike. Last Thursday, Gold for December delivery increased 0.5 percent to touch at $1355.20 a troy ounce on the Comex division of the New York Mercantile Exchange. “The longer the Fed delays a rate rise, the better for gold,” said HSBC analyst Jim Steel. Register with us now for your free membership and gain access to our gold reports at: www.rdinvesting.com/subscribe-today/.

Eldorado Gold Corp. (TSX: ELD)

Get Your Up-To-Date Eldorado Gold Research Report at www.rdinvesting.com/company/ELD.

Eldorado Gold’s shares declined 2.39 percent to close at $5.31 a share Friday. The stock traded between $5.29 and $5.45 on volume of 2.44 million shares traded. Eldorado reported gold production of 124,110 ounces at an average cash operating cost of $607 per ounce for the second quarter of 2016, this compares to 181,160 ounces at an average cash operating cost of $569 per ounce for the second quarter of 2015. Shares of Eldorado Gold have gained approximately 29.5 percent year-to-date, but have fallen roughly 12.7 percent in the past month.

B2Gold Corp. (TSX: BTO)

Get Your Up-To-Date B2Gold Research Report at www.rdinvesting.com/company/BTO.

B2Gold’s shares declined 1.62 percent to close at $4.25 a share Friday. The stock traded between $4.24 and $4.34 on volume of 3.00 million shares traded. The company reported record quarterly consolidated gold production of 135,242 ounces for the second quarter of 2016, 13,676 ounces more than the second quarter of 2015. Quarterly consolidated cash operating costs was a record low of $494 per ounce, $183 an ounce lower than the second quarter of 2015. Shares of B2Gold have gained approximately 203.5 percent year-to-date and are up roughly 13.3 percent in the past month.

OceanaGold Corporation (TSE: OGC)

Get Your Up-To-Date OceanaGold Research Report at www.rdinvesting.com/company/OGC.

OceanaGold’s shares gained 1.02 percent to close at $4.94 a share Friday. The stock traded between $4.80 and $4.95 on volume of 2.35 million shares traded. The company reported consolidated production of 102,557 ounces of gold and 6,272 tonnes of copper produced in the second quarter of 2016. Second quarter cash costs were $476 per ounce on sales of 115,906 ounces of gold and 6,113 tonnes of copper. Shares of OceanaGold have gained approximately 87.1 percent year-to-date and have gained roughly 6.9 percent in the past month.

Yamana Gold Inc. (TSE: YRI)

Get Your Up-To-Date Yamana Gold Research Report at www.rdinvesting.com/company/YRI.

Yamana Gold’s shares declined 3.57 percent to close at $6.75 a share Friday. The stock traded between $6.75 and $6.95 on volume of 4.03 million shares traded. The company reported total gold production of 313,086 ounces with all-in sustaining costs (AISC) of $964 per ounce for the second quarter of 2016, compared to 293,707 ounces in the second quarter of 2015. Shares of Yamana Gold have gained approximately 165.7 percent year-to-date, but have fallen roughly 11.4 percent in the past month.

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