FY2025 EPS Estimates for Eldorado Gold Raised by Scotiabank

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Equities researchers at Scotiabank lifted their FY2025 EPS estimates for Eldorado Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings of $1.57 per share for the year, up from their prior forecast of $1.14. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.42 per share. Scotiabank also issued estimates for Eldorado Gold’s FY2026 earnings at $2.06 EPS.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its quarterly earnings results on Thursday, October 31st. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $331.76 million for the quarter. Eldorado Gold had a return on equity of 6.67% and a net margin of 23.16%. During the same quarter in the prior year, the business earned $0.17 EPS.

A number of other analysts have also recently weighed in on EGO. TD Securities decreased their price target on shares of Eldorado Gold from $20.00 to $19.00 and set a “hold” rating for the company in a research note on Monday, November 4th. StockNews.com downgraded shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Eldorado Gold presently has an average rating of “Hold” and a consensus price target of $20.88.

Eldorado Gold Price Performance

EGO stock opened at $15.59 on Monday. The business has a 50 day simple moving average of $15.78 and a 200-day simple moving average of $16.57. The company has a market capitalization of $3.19 billion, a P/E ratio of 11.63 and a beta of 0.94. Eldorado Gold has a twelve month low of $9.72 and a twelve month high of $19.06. The company has a current ratio of 3.37, a quick ratio of 2.54 and a debt-to-equity ratio of 0.23.

Hedge Funds Weigh In On Eldorado Gold

A number of large investors have recently bought and sold shares of the company. Financial Management Professionals Inc. acquired a new position in shares of Eldorado Gold during the third quarter worth about $32,000. Blue Trust Inc. boosted its holdings in Eldorado Gold by 232.8% in the 3rd quarter. Blue Trust Inc. now owns 1,910 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 1,336 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in Eldorado Gold during the 3rd quarter worth approximately $36,000. Point72 DIFC Ltd purchased a new position in shares of Eldorado Gold during the 2nd quarter worth approximately $74,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Eldorado Gold in the 2nd quarter valued at approximately $97,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Eldorado Gold Company Profile

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.