What is Cormark’s Estimate for Eldorado Gold Q1 Earnings?

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Cormark boosted their Q1 2025 earnings per share estimates for Eldorado Gold in a research report issued to clients and investors on Wednesday, February 26th. Cormark analyst R. Gray now forecasts that the company will earn $0.34 per share for the quarter, up from their prior estimate of $0.33. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold’s Q1 2025 earnings at $0.34 EPS, FY2025 earnings at $1.53 EPS, FY2025 earnings at $1.53 EPS and FY2026 earnings at $2.46 EPS.

Several other equities research analysts have also issued reports on ELD. Stifel Nicolaus lowered their price objective on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. BMO Capital Markets lowered their price objective on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Finally, National Bankshares lowered their price objective on Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating for the company in a research note on Wednesday, January 15th.

Eldorado Gold Price Performance

TSE:ELD opened at C$19.91 on Friday. The firm has a market capitalization of C$2.87 billion, a price-to-earnings ratio of 10.36, a PEG ratio of 56.20 and a beta of 1.22. Eldorado Gold has a 1 year low of C$13.90 and a 1 year high of C$26.32. The business has a 50 day simple moving average of C$21.36 and a 200-day simple moving average of C$22.61. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28.

Insider Buying and Selling

In related news, Senior Officer Joseph Dennis Dick sold 9,275 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$20.22, for a total transaction of C$187,540.50. 0.58% of the stock is owned by corporate insiders.

About Eldorado Gold

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.