FY2025 Earnings Estimate for Eldorado Gold Issued By Cormark

Eldorado Gold Co. (NYSE:EGO - Free Report) TSE: ELD - Research analysts at Cormark decreased their FY2025 earnings per share estimates for shares of Eldorado Gold in a report issued on Monday, February 10th. Cormark analyst R. Gray now forecasts that the basic materials company will post earnings per share of $1.06 for the year, down from their previous forecast of $1.87. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share. Cormark also issued estimates for Eldorado Gold's Q4 2025 earnings at $0.29 EPS, FY2026 earnings at $1.71 EPS and FY2027 earnings at $3.04 EPS.

EGO has been the subject of several other reports. Scotiabank decreased their target price on Eldorado Gold from $18.50 to $16.50 and set a "sector perform" rating for the company in a research report on Friday, February 7th. TD Securities decreased their price objective on Eldorado Gold from $20.00 to $19.00 and set a "hold" rating for the company in a report on Monday, November 4th. Finally, StockNews.com raised Eldorado Gold from a "hold" rating to a "buy" rating in a report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $20.00.

Eldorado Gold Stock Performance

Shares of Eldorado Gold stock traded down $0.87 during trading hours on Wednesday, hitting $13.98. 2,277,635 shares of the company's stock traded hands, compared to its average volume of 1,906,451. Eldorado Gold has a 12-month low of $9.72 and a 12-month high of $19.06. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 10.43 and a beta of 0.93. The company has a fifty day simple moving average of $15.25 and a 200-day simple moving average of $16.36. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.37 and a quick ratio of 2.54.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EGO. Millennium Management LLC boosted its stake in Eldorado Gold by 230.6% in the 2nd quarter. Millennium Management LLC now owns 188,529 shares of the basic materials company's stock worth $2,788,000 after purchasing an additional 332,913 shares during the period. Cetera Investment Advisers lifted its position in Eldorado Gold by 61.0% in the 2nd quarter. Cetera Investment Advisers now owns 73,864 shares of the basic materials company's stock worth $1,092,000 after buying an additional 27,991 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Eldorado Gold in the 2nd quarter worth approximately $488,000. Net Worth Advisory Group bought a new stake in Eldorado Gold in the 3rd quarter worth approximately $198,000. Finally, Equinox Partners Investment Management LLC lifted its position in Eldorado Gold by 32.0% in the 3rd quarter. Equinox Partners Investment Management LLC now owns 989,376 shares of the basic materials company's stock worth $17,185,000 after buying an additional 239,800 shares during the last quarter. Institutional investors own 69.58% of the company's stock.

About Eldorado Gold

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.