Recent Analysts’ Ratings Updates for Eldorado Gold (EGO)

Eldorado Gold (NYSE: EGO) recently received a number of ratings updates from brokerages and research firms:

• 4/14/2025 – Eldorado Gold had its price target raised by analysts at Scotiabank from $16.50 to $19.00. They now have a “sector perform” rating on the stock.
• 4/10/2025 – Eldorado Gold was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 4/4/2025 – Eldorado Gold had its price target raised by analysts at Royal Bank of Canada from $20.00 to $21.00. They now have an “outperform” rating on the stock.
• 4/2/2025 – Eldorado Gold was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 3/21/2025 – Eldorado Gold was upgraded by analysts at National Bank Financial to a “strong-buy” rating.
• 2/28/2025 – Eldorado Gold was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/20/2025 – Eldorado Gold was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.

Eldorado Gold Stock Performance

Eldorado Gold stock traded down $0.07 during mid-day trading on Tuesday, hitting $19.34. The company had a trading volume of 1,475,760 shares, compared to its average volume of 1,554,192. The company has a current ratio of 3.37, a quick ratio of 2.54 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 13.81 and a beta of 0.81. The company’s fifty day moving average is $15.41 and its 200-day moving average is $15.89. Eldorado Gold Co. has a 12-month low of $13.29 and a 12-month high of $19.74.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.13. Eldorado Gold had a return on equity of 8.74% and a net margin of 21.86%. The company had revenue of $435.70 million during the quarter, compared to analysts’ expectations of $440.43 million. Equities research analysts predict that Eldorado Gold Co. will post 1.5 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EGO. Jennison Associates LLC lifted its holdings in shares of Eldorado Gold by 17.5% in the 4th quarter. Jennison Associates LLC now owns 7,090,185 shares of the basic materials company’s stock worth $105,431,000 after acquiring an additional 1,058,137 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Eldorado Gold by 130.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 150,107 shares of the basic materials company’s stock valued at $2,607,000 after buying an additional 85,053 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Eldorado Gold in the fourth quarter worth $55,000. Barclays PLC increased its position in shares of Eldorado Gold by 18.6% during the third quarter. Barclays PLC now owns 176,381 shares of the basic materials company’s stock worth $3,064,000 after acquiring an additional 27,667 shares during the period. Finally, Swiss National Bank grew its stake in Eldorado Gold by 0.6% during the 4th quarter. Swiss National Bank now owns 403,620 shares of the basic materials company’s stock worth $6,000,000 after purchasing an additional 2,500 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

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.