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Cormark Issues Negative Forecast for Eldorado Gold Earnings

Eldorado Gold logo with Basic Materials background

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Research analysts at Cormark lowered their Q1 2025 earnings per share (EPS) estimates for shares of Eldorado Gold in a note issued to investors on Monday, February 10th. Cormark analyst R. Gray now expects that the company will earn $0.33 per share for the quarter, down from their previous forecast of $0.46. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold's Q3 2025 earnings at $0.41 EPS.

Other analysts also recently issued research reports about the company. National Bankshares decreased their target price on Eldorado Gold from C$28.00 to C$27.00 and set an "outperform" rating for the company in a research note on Wednesday, January 15th. Stifel Nicolaus reduced their price objective on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Finally, BMO Capital Markets reduced their price objective on Eldorado Gold from C$29.00 to C$27.00 in a research report on Friday, February 7th.

Read Our Latest Stock Analysis on ELD

Eldorado Gold Stock Performance

TSE:ELD traded down C$1.07 during mid-day trading on Tuesday, hitting C$19.98. 283,178 shares of the company's stock traded hands, compared to its average volume of 427,911. The firm has a 50 day moving average of C$21.95 and a two-hundred day moving average of C$22.82. Eldorado Gold has a 12 month low of C$13.10 and a 12 month high of C$26.32. The firm has a market capitalization of C$2.88 billion, a price-to-earnings ratio of 10.40, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a current ratio of 3.37, a quick ratio of 2.28 and a debt-to-equity ratio of 23.28.

About Eldorado Gold

(Get Free Report)

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.

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Earnings History and Estimates for Eldorado Gold (TSE:ELD)

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