FY2026 EPS Estimates for Eldorado Gold Raised by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities research analysts at Scotiabank raised their FY2026 earnings estimates for shares of Eldorado Gold in a report issued on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings per share of $3.94 for the year, up from their prior estimate of $3.88. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its earnings results on Thursday, July 30th. The company reported C$0.77 earnings per share for the quarter. The business had revenue of C$692.57 million for the quarter. Eldorado Gold had a net margin of 29.89% and a return on equity of 12.38%.

Other equities research analysts also recently issued reports about the company. National Bank Financial lifted their price objective on Eldorado Gold from C$65.00 to C$69.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Canadian Imperial Bank of Commerce raised Eldorado Gold from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 9th. Stifel Nicolaus upgraded Eldorado Gold from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Canaccord Genuity Group boosted their price target on Eldorado Gold from C$45.00 to C$55.00 in a research note on Thursday, August 13th. Finally, ATB Cormark Capital Markets cut Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, May 4th. Three investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Eldorado Gold has a consensus rating of “Moderate Buy” and a consensus target price of C$62.50.

Eldorado Gold Stock Performance

TSE:ELD opened at C$64.25 on Monday. The firm has a market capitalization of C$16.76 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 56.20 and a beta of 1.43. The company has a quick ratio of 2.27, a current ratio of 1.31 and a debt-to-equity ratio of 25.70. Eldorado Gold has a 12-month low of C$32.32 and a 12-month high of C$69.46. The firm has a 50-day moving average price of C$47.40 and a 200 day moving average price of C$48.79.

Insider Buying and Selling at Eldorado Gold

In other news, insider Per Niklas Frank sold 9,524 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of C$43.02, for a total transaction of C$409,722.48. Following the sale, the insider owned 16,777 shares in the company, valued at approximately C$721,746.54. This represents a 36.21% decrease in their ownership of the stock. Also, insider Mehmet Yilmaz sold 5,000 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of C$44.42, for a total value of C$222,100.00. Following the completion of the sale, the insider owned 27,543 shares of the company’s stock, valued at approximately C$1,223,460.06. This trade represents a 15.36% decrease in their ownership of the stock. In the last quarter, insiders acquired 75 shares of company stock valued at $3,347 and sold 21,915 shares valued at $949,783. Insiders own 0.58% of the company’s stock.

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.