NEW YORK (TheStreet) -- Shares of Eldorado Gold Corp. are higher by 4.78% to $5.26 in early afternoon trading on Friday, after the Canada-based mining company reported fourth quarter 2014 earnings results that increased year-over-year as a result of higher production and sales, which overshadowed a slump in gold prices, Reuters reports. For the most recent quarter Eldorado Gold said its net profit was $13.9 million, or 2 cents per share compared to a net loss of $687.5 million, or a loss of 96 cents per share for the 2013 fourth quarter. The company said its revenue grew to $259 million as a result of an 18% increase in gold output to 199,572 ounces over the same period last year. Exclusive Report: Jim Cramer's Best Stocks for 2015 "All of our mines delivered solid operational results, and the same can be said for our employees who continue to work safer and smarter. With approximately $875 million in total liquidity at year-end, our balance sheet remains one of the strongest in the industry, allowing us to internally fund our robust growth pipeline," Eldorado Gold CEO Paul Wright said in a statement. Separately, TheStreet Ratings team rates ELDORADO GOLD CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation: "We rate ELDORADO GOLD CORP (EGO) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself." You can view the full analysis from the report here: EGO Ratings Report EGO data by YCharts
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