Brokers Issue Forecasts for Eldorado Gold Q1 Earnings

Eldorado Gold Co. (NYSE:EGO - Free Report) TSE: ELD - Research analysts at Stifel Canada issued their Q1 2025 earnings estimates for shares of Eldorado Gold in a report released on Monday, April 21st. Stifel Canada analyst I. Rico forecasts that the basic materials company will post earnings per share of $0.34 for the quarter. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share. Stifel Canada also issued estimates for Eldorado Gold's FY2026 earnings at $2.45 EPS and FY2027 earnings at $3.79 EPS.

Other analysts have also issued research reports about the stock. National Bank Financial upgraded shares of Eldorado Gold to a "strong-buy" rating in a research note on Friday, March 21st. Scotiabank lifted their price target on shares of Eldorado Gold from $16.50 to $19.00 and gave the stock a "sector perform" rating in a research note on Monday, April 14th. StockNews.com upgraded shares of Eldorado Gold from a "hold" rating to a "buy" rating in a report on Thursday, April 10th. Finally, Royal Bank of Canada raised their target price on Eldorado Gold from $20.00 to $21.00 and gave the company an "outperform" rating in a research note on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Eldorado Gold currently has an average rating of "Moderate Buy" and an average price target of $20.38.

Eldorado Gold Stock Performance

Shares of NYSE:EGO opened at $19.52 on Wednesday. The business's 50-day simple moving average is $16.05 and its 200 day simple moving average is $16.00. The company has a market cap of $4.01 billion, a P/E ratio of 13.94 and a beta of 0.81. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.54 and a current ratio of 3.37. Eldorado Gold has a one year low of $13.29 and a one year high of $20.65.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last released its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.49 by $0.13. Eldorado Gold had a return on equity of 8.74% and a net margin of 21.86%. The company had revenue of $435.70 million for the quarter, compared to analyst estimates of $440.43 million.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Continuum Advisory LLC raised its stake in shares of Eldorado Gold by 335.3% in the 1st quarter. Continuum Advisory LLC now owns 2,525 shares of the basic materials company's stock valued at $42,000 after purchasing an additional 1,945 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in Eldorado Gold by 26.5% during the fourth quarter. TD Waterhouse Canada Inc. now owns 3,252 shares of the basic materials company's stock valued at $48,000 after buying an additional 682 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Eldorado Gold during the fourth quarter valued at approximately $55,000. Generali Investments CEE investicni spolecnost a.s. bought a new position in Eldorado Gold during the 4th quarter worth approximately $113,000. Finally, Tradition Wealth Management LLC acquired a new position in shares of Eldorado Gold in the 4th quarter worth approximately $153,000. 69.58% of the stock is currently owned by institutional investors.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.

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