Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Equities researchers at Cormark increased their FY2024 earnings per share (EPS) estimates for Eldorado Gold in a research report issued on Wednesday, January 29th. Cormark analyst R. Gray now expects that the company will post earnings per share of $2.22 for the year, up from their prior forecast of $2.19. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold's Q4 2024 earnings at $0.86 EPS, Q1 2025 earnings at $0.46 EPS, Q2 2025 earnings at $0.53 EPS, Q3 2025 earnings at $0.56 EPS and Q4 2025 earnings at $1.14 EPS.
A number of other equities research analysts also recently weighed in on ELD. Stifel Nicolaus reduced their target price on Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th. BMO Capital Markets decreased their target price on Eldorado Gold from C$31.00 to C$29.00 in a research report on Thursday. Finally, National Bankshares cut their price objective on Eldorado Gold from C$28.00 to C$27.00 and set an "outperform" rating on the stock in a report on Wednesday, January 15th.
View Our Latest Report on ELD
Eldorado Gold Price Performance
Shares of TSE ELD traded up C$0.56 during mid-day trading on Thursday, reaching C$22.32. The company had a trading volume of 659,485 shares, compared to its average volume of 366,223. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62. Eldorado Gold has a one year low of C$13.10 and a one year high of C$26.32. The firm has a market cap of C$4.57 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 56.20 and a beta of 1.22. The business's 50-day simple moving average is C$22.22 and its 200 day simple moving average is C$22.91.
Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last announced its earnings results on Thursday, October 31st. The company reported C$0.47 EPS for the quarter, topping the consensus estimate of C$0.46 by C$0.01. Eldorado Gold had a net margin of 15.68% and a return on equity of 4.99%. During the same quarter in the previous year, the firm earned $0.23 EPS.
About Eldorado Gold
(
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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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