Cormark Issues Positive Estimate for Eldorado Gold Earnings

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities research analysts at Cormark upped their Q1 2025 earnings per share estimates for Eldorado Gold in a research note issued on Wednesday, February 26th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.34 for the quarter, up from their previous forecast 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.

ELD has been the subject of a number of other research reports. Stifel Nicolaus lowered their price target on Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th. National Bankshares decreased their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating for the company in a report on Wednesday, January 15th. Finally, BMO Capital Markets lowered their target price on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th.

Eldorado Gold Stock Performance

Shares of TSE ELD opened at C$19.75 on Friday. The business’s 50-day simple moving average is C$21.40 and its 200-day simple moving average is C$22.63. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37. Eldorado Gold has a 52 week low of C$13.63 and a 52 week high of C$26.32. The firm has a market cap of C$2.85 billion, a price-to-earnings ratio of 10.28, a P/E/G ratio of 56.20 and a beta of 1.22.

Insider Transactions at Eldorado Gold

In related news, Senior Officer Joseph Dennis Dick sold 9,275 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of C$20.22, for a total value of C$187,540.50. 0.58% of the stock is currently owned by corporate insiders.

Eldorado Gold Company Profile

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.