FY2025 EPS Estimates for Eldorado Gold Reduced by Scotiabank

Eldorado Gold Co. (NYSE:EGO - Free Report) TSE: ELD - Analysts at Scotiabank dropped their FY2025 EPS estimates for shares of Eldorado Gold in a report released on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $1.26 for the year, down from their prior estimate of $1.57. Scotiabank currently has a "Sector Perform" rating and a $16.50 target price on the stock. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share. Scotiabank also issued estimates for Eldorado Gold's FY2026 earnings at $0.95 EPS.

Several other equities analysts have also recently commented on the company. StockNews.com upgraded Eldorado Gold from a "hold" rating to a "buy" rating in a research note on Friday, February 28th. National Bank Financial raised shares of Eldorado Gold to a "strong-buy" rating in a research report on Friday, March 21st. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $20.00.

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Eldorado Gold Trading Up 1.7 %

Shares of NYSE EGO traded up $0.28 during midday trading on Monday, hitting $16.67. The stock had a trading volume of 1,901,655 shares, compared to its average volume of 1,422,560. The company has a fifty day moving average price of $14.79 and a 200 day moving average price of $15.92. The company has a quick ratio of 2.54, a current ratio of 3.37 and a debt-to-equity ratio of 0.23. Eldorado Gold has a 1-year low of $13.29 and a 1-year high of $19.06. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of 11.90 and a beta of 1.11.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last issued its 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. Eldorado Gold had a net margin of 21.86% and a return on equity of 8.74%. The company had revenue of $435.70 million during the quarter, compared to analysts' expectations of $440.43 million.

Institutional Trading of Eldorado Gold

Several hedge funds have recently made changes to their positions in the stock. Donald Smith & CO. Inc. raised its stake in shares of Eldorado Gold by 2.6% in the 4th quarter. Donald Smith & CO. Inc. now owns 12,100,980 shares of the basic materials company's stock worth $179,942,000 after buying an additional 309,599 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Eldorado Gold by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 7,881,402 shares of the basic materials company's stock worth $117,228,000 after acquiring an additional 136,594 shares in the last quarter. Jennison Associates LLC raised its position in shares of Eldorado Gold by 17.5% during the fourth quarter. Jennison Associates LLC now owns 7,090,185 shares of the basic materials company's stock worth $105,431,000 after purchasing an additional 1,058,137 shares during the period. Carrhae Capital LLP increased its holdings in shares of Eldorado Gold by 13.9% in the 4th quarter. Carrhae Capital LLP now owns 6,040,730 shares of the basic materials company's stock valued at $89,826,000 after purchasing an additional 738,233 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Eldorado Gold by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,971,617 shares of the basic materials company's stock worth $73,927,000 after purchasing an additional 74,389 shares in the last quarter. Institutional investors own 69.58% of the company's stock.

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.