Stifel Canada Increases Earnings Estimates for Eldorado Gold

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Stifel Canada raised their FY2025 EPS estimates for Eldorado Gold in a research note issued on Monday, October 21st. Stifel Canada analyst I. Rico now forecasts that the company will post earnings of $3.04 per share for the year, up from their prior 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.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last released its quarterly earnings results on Thursday, July 25th. The company reported C$0.45 EPS for the quarter, beating analysts’ consensus estimates of C$0.36 by C$0.09. Eldorado Gold had a return on equity of 4.99% and a net margin of 15.68%. The firm had revenue of C$406.56 million for the quarter.

Other equities research analysts have also issued research reports about the company. Cibc World Mkts upgraded Eldorado Gold to a “strong-buy” rating in a research report on Wednesday, July 10th. Canaccord Genuity Group increased their price target on shares of Eldorado Gold from C$23.00 to C$26.50 in a research report on Tuesday, July 23rd. National Bankshares lifted their price objective on shares of Eldorado Gold from C$26.00 to C$27.00 in a research note on Monday, July 29th. Finally, Stifel Nicolaus upped their target price on Eldorado Gold from C$25.00 to C$28.00 in a research note on Monday. Three investment 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$23.76.

Eldorado Gold Trading Down 0.8 %

ELD opened at C$24.92 on Thursday. The company has a quick ratio of 2.28, a current ratio of 3.62 and a debt-to-equity ratio of 20.85. The stock has a market cap of C$5.10 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a fifty day moving average of C$23.79 and a 200-day moving average of C$22.11. Eldorado Gold has a twelve month low of C$13.10 and a twelve month high of C$26.32.

Insider Buying and Selling

In other Eldorado Gold news, Senior Officer Ryan Swedburg sold 3,553 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$23.43, for a total transaction of C$83,234.71. In related news, Senior Officer Mehmet Yilmaz sold 6,134 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of C$22.27, for a total value of C$136,611.54. Also, Senior Officer Ryan Swedburg sold 3,553 shares of Eldorado Gold stock in a transaction on Thursday, September 12th. The shares were sold at an average price of C$23.43, for a total value of C$83,234.71. In the last 90 days, insiders sold 14,988 shares of company stock valued at $334,328. 0.58% of the stock is owned by company insiders.

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.