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Eldorado Gold, Semafo, Royal Gold hit 52 week high

Eldorado Gold (TSX:ELD) shares hit a 52 week high of $10.34 this morning. The company said late last week that it expects to increase gold production by up to 9 percent in 2009. The company said it expects to produce between 325,000 and 340,000 ounces of gold at a cash cost of about US$300 per ounce in 2009. This is up from 2008 production of 308,802 ounces at a cash cost of US$257 per ounce.

Semafo Inc. (TSX:SMF) shares touched a 52 week high of $1.84 today. No major news announced today.

Royal Gold (TSX:RGL) shares hit a fresh 52 week high of $61.18 today. No major news announced today.