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Stifel Canada Forecasts Increased Earnings for Eldorado Gold

Eldorado Gold logo with Basic Materials background

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Equities research analysts at Stifel Canada boosted their FY2024 earnings per share estimates for Eldorado Gold in a research report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico now anticipates that the company will post earnings of $2.15 per share for the year, up from their prior forecast of $2.00. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share. Stifel Canada also issued estimates for Eldorado Gold's Q4 2024 earnings at $0.78 EPS.

Several other equities analysts have also issued reports on the stock. National Bankshares dropped their target price on shares of 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. BMO Capital Markets dropped their price objective on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday. Finally, Stifel Nicolaus decreased their target price on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th.

Check Out Our Latest Report on ELD

Eldorado Gold Trading Down 0.7 %

Shares of TSE:ELD traded down C$0.14 during trading on Thursday, reaching C$19.88. The stock had a trading volume of 624,111 shares, compared to its average volume of 413,243. Eldorado Gold has a 52 week low of C$13.10 and a 52 week high of C$26.32. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62. The firm's fifty day moving average is C$22.10 and its 200 day moving average is C$22.88. The stock has a market cap of C$4.07 billion, a price-to-earnings ratio of 16.57, a P/E/G ratio of 56.20 and a beta of 1.22.

About Eldorado Gold

(Get Free Report)

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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Earnings History and Estimates for Eldorado Gold (TSE:ELD)

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