Brokers Set Expectations for Eldorado Gold FY2025 Earnings

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Stock analysts at Stifel Canada boosted their FY2025 earnings per share estimates for Eldorado Gold in a note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now expects that the company will earn $3.04 per share for the year, up from their previous estimate of $2.19. 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 FY2026 earnings at $3.99 EPS.

A number of other analysts also recently commented on the company. Canaccord Genuity Group upped their price objective on Eldorado Gold from C$23.00 to C$26.50 in a report on Tuesday, July 23rd. Stifel Nicolaus boosted their price target on Eldorado Gold from C$25.00 to C$28.00 in a research report on Monday. National Bankshares raised their price objective on Eldorado Gold from C$26.00 to C$27.00 in a report on Monday, July 29th. Finally, Cibc World Mkts upgraded Eldorado Gold to a "strong-buy" rating in a report on Wednesday, July 10th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$23.76.

Eldorado Gold Trading Down 0.8 %

TSE ELD traded down C$0.21 during trading hours on Thursday, hitting C$24.92. 423,309 shares of the company's stock were exchanged, compared to its average volume of 359,617. The business's 50 day moving average is C$23.73 and its 200-day moving average is C$22.09. 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 12-month low of C$13.10 and a 12-month high of C$26.32. The firm has a market capitalization of C$5.10 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last announced its earnings results on Thursday, July 25th. The company reported C$0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.36 by C$0.09. Eldorado Gold had a net margin of 15.68% and a return on equity of 4.99%. The firm had revenue of C$406.56 million for the quarter.

Insider Buying and Selling

In other news, Senior Officer Karen Christine Aram sold 2,007 shares of the business's stock in a transaction on Friday, August 23rd. The stock was sold at an average price of C$24.15, for a total transaction of C$48,473.47. In other news, Senior Officer Ryan Swedburg sold 3,553 shares of Eldorado Gold stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$23.43, for a total transaction of C$83,234.71. Also, Senior Officer Karen Christine Aram sold 2,007 shares of the company's stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of C$24.15, for a total value of C$48,473.47. Insiders have sold a total of 14,988 shares of company stock valued at $334,328 over the last three months. Company insiders own 0.58% of the company's stock.

Eldorado Gold Company Profile

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.