National Bank Financial Predicts Eldorado Gold Q1 Earnings

Eldorado Gold Co. (NYSE:EGO - Free Report) TSE: ELD - Equities research analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Eldorado Gold in a research report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco anticipates that the basic materials company will post earnings per share of $0.35 for the quarter. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share. National Bank Financial also issued estimates for Eldorado Gold's FY2025 earnings at $1.87 EPS.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last announced its earnings results on Thursday, February 20th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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.

EGO has been the subject of several other research reports. Royal Bank of Canada upped their price target on shares of Eldorado Gold from $20.00 to $21.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. StockNews.com upgraded Eldorado Gold from a "hold" rating to a "buy" rating in a report on Thursday, April 10th. Scotiabank lifted their price target on Eldorado Gold from $16.50 to $19.00 and gave the company a "sector perform" rating in a report on Monday, April 14th. Finally, National Bankshares reissued an "outperform" rating on shares of Eldorado Gold in a research report on Wednesday. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $20.38.

Eldorado Gold Trading Down 1.9 %

EGO stock traded down $0.36 during mid-day trading on Thursday, reaching $19.05. 1,196,464 shares of the stock traded hands, compared to its average volume of 1,572,358. Eldorado Gold has a 52-week low of $13.29 and a 52-week high of $20.65. The stock's fifty day moving average is $16.35 and its 200-day moving average is $16.05. The company has a market cap of $3.91 billion, a P/E ratio of 13.61 and a beta of 0.81. The company has a current ratio of 3.37, a quick ratio of 2.54 and a debt-to-equity ratio of 0.23.

Institutional Trading of Eldorado Gold

Several hedge funds and other institutional investors have recently modified their holdings of the company. Jennison Associates LLC lifted its holdings in shares of Eldorado Gold by 17.5% during the 4th quarter. Jennison Associates LLC now owns 7,090,185 shares of the basic materials company's stock valued at $105,431,000 after buying an additional 1,058,137 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Eldorado Gold by 130.7% in the third quarter. JPMorgan Chase & Co. now owns 150,107 shares of the basic materials company's stock valued at $2,607,000 after acquiring an additional 85,053 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in Eldorado Gold in the fourth quarter worth approximately $55,000. Barclays PLC increased its stake in shares of Eldorado Gold by 18.6% during the 3rd quarter. Barclays PLC now owns 176,381 shares of the basic materials company's stock worth $3,064,000 after purchasing an additional 27,667 shares during the last quarter. Finally, Swiss National Bank lifted its stake in shares of Eldorado Gold by 0.6% in the 4th quarter. Swiss National Bank now owns 403,620 shares of the basic materials company's stock valued at $6,000,000 after purchasing an additional 2,500 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other 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.