Eldorado Gold (EGO) Projected to Post Quarterly Earnings on Thursday

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD is expected to be releasing its Q4 2024 earnings data before the market opens on Thursday, February 20th. Analysts expect Eldorado Gold to post earnings of $0.49 per share and revenue of $440.43 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last posted its quarterly earnings results 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. The firm had revenue of $435.70 million during the quarter, compared to analysts' expectations of $440.43 million. Eldorado Gold had a return on equity of 6.67% and a net margin of 23.16%. On average, analysts expect Eldorado Gold to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Eldorado Gold Stock Performance

Eldorado Gold stock traded down $1.12 during trading hours on Friday, hitting $13.55. The stock had a trading volume of 1,579,607 shares, compared to its average volume of 1,771,047. The company has a 50-day moving average of $15.06 and a two-hundred day moving average of $16.29. The company has a quick ratio of 2.54, a current ratio of 3.37 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.78 billion, a PE ratio of 10.11 and a beta of 0.93. Eldorado Gold has a fifty-two week low of $9.72 and a fifty-two week high of $19.06.

Analyst Upgrades and Downgrades

EGO has been the subject of a number of recent research reports. TD Securities dropped their target price on Eldorado Gold from $20.00 to $19.00 and set a "hold" rating for the company in a report on Monday, November 4th. StockNews.com cut Eldorado Gold from a "buy" rating to a "hold" rating in a report on Thursday. Finally, Scotiabank dropped their target price on Eldorado Gold from $18.50 to $16.50 and set a "sector perform" rating for the company in a report on Friday, February 7th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $20.00.

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.