Eldorado Gold Co. (NYSE:EGO – Free Report) (TSE:ELD) – Analysts at Stifel Canada issued their Q1 2025 EPS estimates for Eldorado Gold in a research note issued on Monday, April 21st. Stifel Canada analyst I. Rico anticipates that the basic materials company will post earnings per share of $0.34 for the quarter. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.50 per share. Stifel Canada also issued estimates for Eldorado Gold’s FY2026 earnings at $2.45 EPS and FY2027 earnings at $3.79 EPS.
Other analysts have also recently issued research reports about the stock. Scotiabank increased their price objective on shares of Eldorado Gold from $16.50 to $19.00 and gave the stock a “sector perform” rating in a report on Monday, April 14th. National Bank Financial upgraded shares of Eldorado Gold to a “strong-buy” rating in a research note on Friday, March 21st. StockNews.com raised Eldorado Gold from a “hold” rating to a “buy” rating in a report on Thursday, April 10th. Finally, Royal Bank of Canada increased their price objective on Eldorado Gold from $20.00 to $21.00 and gave the stock an “outperform” rating in a report on Friday, April 4th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Eldorado Gold has a consensus rating of “Moderate Buy” and a consensus target price of $20.38.
Eldorado Gold Price Performance
Shares of NYSE EGO opened at $19.52 on Wednesday. Eldorado Gold has a 1-year low of $13.29 and a 1-year high of $20.65. The firm has a market capitalization of $4.01 billion, a PE ratio of 13.94 and a beta of 0.81. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.37 and a quick ratio of 2.54. The business’s fifty day moving average price is $16.05 and its two-hundred day moving average price is $16.00.
Eldorado Gold (NYSE:EGO – Get Free Report) (TSE:ELD) last announced its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.13. The business had revenue of $435.70 million for the quarter, compared to the consensus estimate of $440.43 million. Eldorado Gold had a return on equity of 8.74% and a net margin of 21.86%.
Institutional Trading of Eldorado Gold
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Jennison Associates LLC boosted its holdings in shares of Eldorado Gold by 17.5% in the fourth quarter. Jennison Associates LLC now owns 7,090,185 shares of the basic materials company’s stock valued at $105,431,000 after acquiring an additional 1,058,137 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Eldorado Gold by 130.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 150,107 shares of the basic materials company’s stock valued at $2,607,000 after purchasing an additional 85,053 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Eldorado Gold during the 4th quarter valued at $55,000. Barclays PLC raised its stake in shares of Eldorado Gold by 18.6% in the 3rd quarter. Barclays PLC now owns 176,381 shares of the basic materials company’s stock worth $3,064,000 after buying an additional 27,667 shares in the last quarter. Finally, Swiss National Bank lifted its holdings in shares of Eldorado Gold by 0.6% in the fourth quarter. Swiss National Bank now owns 403,620 shares of the basic materials company’s stock valued at $6,000,000 after buying an additional 2,500 shares during the period. 69.58% of the stock is currently owned by institutional investors.
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.
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