Brokers Set Expectations for Eldorado Gold FY2025 Earnings

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Equities researchers at Scotiabank lowered their FY2025 earnings per share estimates for shares of Eldorado Gold in a research report issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $1.26 for the year, down from their previous estimate of $1.57. Scotiabank currently has a “Sector Perform” rating and a $16.50 target price on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.50 per share. Scotiabank also issued estimates for Eldorado Gold’s FY2026 earnings at $0.95 EPS.

Separately, StockNews.com raised shares of Eldorado Gold from a “hold” rating to a “buy” rating in a report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Eldorado Gold currently has an average rating of “Moderate Buy” and an average target price of $20.00.

Eldorado Gold Trading Up 0.5 %

NYSE EGO opened at $15.72 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.54 and a current ratio of 3.37. Eldorado Gold has a one year low of $13.29 and a one year high of $19.06. The company has a 50-day simple moving average of $14.74 and a 200-day simple moving average of $15.92. The firm has a market capitalization of $3.22 billion, a PE ratio of 11.23 and a beta of 1.11.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.13. The firm had revenue of $435.70 million during the quarter, compared to the consensus estimate of $440.43 million. Eldorado Gold had a net margin of 21.86% and a return on equity of 8.74%.

Institutional Trading of Eldorado Gold

A number of large investors have recently modified their holdings of EGO. Banque Cantonale Vaudoise acquired a new position in Eldorado Gold during the 3rd quarter valued at about $36,000. TD Waterhouse Canada Inc. raised its holdings in Eldorado Gold by 26.5% during the fourth quarter. TD Waterhouse Canada Inc. now owns 3,252 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 682 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Eldorado Gold during the 4th quarter valued at $55,000. Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of Eldorado Gold in the 4th quarter worth $113,000. Finally, Tradition Wealth Management LLC acquired a new stake in shares of Eldorado Gold in the fourth quarter valued at $153,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

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.