FY2027 Earnings Forecast for Eldorado Gold Issued By Cormark

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Equities research analysts at Cormark cut their FY2027 earnings per share estimates for Eldorado Gold in a report released on Wednesday, February 26th. Cormark analyst R. Gray now expects that the company will post earnings of $4.33 per share for the year, down from their prior estimate of $4.35. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share.

Several other analysts have also recently weighed in on ELD. National Bankshares decreased their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 15th. Stifel Nicolaus cut their price objective on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Finally, BMO Capital Markets decreased their target price on Eldorado Gold from C$29.00 to C$27.00 in a report on Friday, February 7th.

Eldorado Gold Price Performance

Eldorado Gold stock traded down C$0.24 during mid-day trading on Thursday, hitting C$19.67. 311,383 shares of the company were exchanged, compared to its average volume of 434,451. Eldorado Gold has a 1-year low of C$14.83 and a 1-year high of C$26.32. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28. The business has a fifty day moving average of C$21.36 and a 200 day moving average of C$22.61. The company has a market capitalization of C$2.84 billion, a PE ratio of 10.24, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22.

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Insider Buying and Selling at Eldorado Gold

In related news, Director George Raymond Burns sold 7,590 shares of the firm's stock in a transaction on Friday, February 28th. The shares were sold at an average price of C$19.61, for a total transaction of C$148,853.56. Also, Senior Officer Joseph Dennis Dick sold 9,275 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$20.22, for a total value of C$187,540.50. Over the last ninety days, insiders have sold 17,314 shares of company stock valued at $345,200. 0.58% of the stock is currently owned by insiders.

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.