Cormark Estimates Eldorado Gold’s FY2025 Earnings (NYSE:EGO)

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Cormark decreased their FY2025 earnings per share estimates for Eldorado Gold in a report released on Monday, February 10th. Cormark analyst R. Gray now forecasts that the basic materials company will post earnings per share of $1.06 for the year, down from their previous estimate of $1.87. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.50 per share. Cormark also issued estimates for Eldorado Gold’s Q4 2025 earnings at $0.29 EPS, FY2026 earnings at $1.71 EPS and FY2027 earnings at $3.04 EPS.

Several other equities analysts have also recently issued reports on EGO. StockNews.com upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. TD Securities decreased their price objective on Eldorado Gold from $20.00 to $19.00 and set a “hold” rating for the company in a report on Monday, November 4th. Finally, Scotiabank cut their target price on Eldorado Gold from $18.50 to $16.50 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.00.

Eldorado Gold Stock Down 0.5 %

Shares of NYSE EGO opened at $14.43 on Wednesday. The company has a 50 day simple moving average of $15.35 and a 200 day simple moving average of $16.40. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.37 and a quick ratio of 2.54. Eldorado Gold has a 1 year low of $9.72 and a 1 year high of $19.06. The firm has a market cap of $2.96 billion, a PE ratio of 10.77 and a beta of 0.93.

Hedge Funds Weigh In On Eldorado Gold

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Management Professionals Inc. bought a new position in shares of Eldorado Gold in the 3rd quarter worth about $32,000. Blue Trust Inc. grew its stake in Eldorado Gold by 232.8% during the third quarter. Blue Trust Inc. now owns 1,910 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 1,336 shares during the period. Banque Cantonale Vaudoise bought a new stake in Eldorado Gold in the third quarter worth approximately $36,000. SBI Securities Co. Ltd. acquired a new position in Eldorado Gold in the fourth quarter valued at approximately $55,000. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of Eldorado Gold during the 4th quarter worth approximately $113,000. 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.