Cormark Lowers Eldorado Gold (TSE:ELD) Price Target to C$30.00

Eldorado Gold (TSE:ELD - Free Report) NYSE: EGO had its target price trimmed by Cormark from C$33.50 to C$30.00 in a report released on Monday,BayStreet.CA reports. Cormark also issued estimates for Eldorado Gold's Q1 2025 earnings at $0.33 EPS, Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.52 EPS, FY2026 earnings at $2.45 EPS and FY2027 earnings at $4.35 EPS.

A number of other research firms also recently issued reports on ELD. BMO Capital Markets reduced their price target on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Stifel Nicolaus cut their target price on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Finally, National Bankshares lowered their price target on Eldorado Gold from C$28.00 to C$27.00 and set an "outperform" rating for the company in a research report on Wednesday, January 15th.

Eldorado Gold Trading Up 1.6 %

Shares of TSE:ELD traded up C$0.33 during midday trading on Monday, reaching C$21.05. 166,960 shares of the company's stock were exchanged, compared to its average volume of 429,426. The firm's 50 day simple moving average is C$21.99 and its two-hundred day simple moving average is C$22.83. Eldorado Gold has a fifty-two week low of C$13.10 and a fifty-two week high of C$26.32. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28. The stock has a market cap of C$3.04 billion, a price-to-earnings ratio of 10.96, a P/E/G ratio of 56.20 and a beta of 1.22.

Eldorado Gold Company Profile

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.