Eldorado Gold (EGO) Projected to Post Earnings on Thursday

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD is projected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.23 per share and revenue of $319.83 million for the quarter.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last announced its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.13. The company had revenue of $435.70 million during the quarter, compared to the consensus estimate of $440.43 million. Eldorado Gold had a return on equity of 8.74% and a net margin of 21.86%. On average, analysts expect Eldorado Gold to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Eldorado Gold Price Performance

NYSE EGO traded down $0.36 during trading hours on Friday, reaching $19.05. The company's stock had a trading volume of 1,196,464 shares, compared to its average volume of 1,572,358. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 13.61 and a beta of 0.81. Eldorado Gold has a 1-year low of $13.29 and a 1-year high of $20.65. The company's 50-day moving average is $16.35 and its two-hundred day moving average is $16.05. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.37 and a quick ratio of 2.54.

Analyst Upgrades and Downgrades

Several research analysts recently commented on EGO shares. National Bank Financial raised Eldorado Gold to a "strong-buy" rating in a research note on Friday, March 21st. Royal Bank of Canada lifted their target price on shares of Eldorado Gold from $20.00 to $21.00 and gave the stock an "outperform" rating in a research note on Friday, April 4th. National Bankshares reiterated an "outperform" rating on shares of Eldorado Gold in a research report on Wednesday. StockNews.com upgraded Eldorado Gold from a "hold" rating to a "buy" rating in a report on Thursday, April 10th. Finally, Scotiabank upped their price objective on shares of Eldorado Gold from $16.50 to $19.00 and gave the stock a "sector perform" rating in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Eldorado Gold presently has a consensus rating of "Moderate Buy" and a consensus target price of $20.38.

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.