Cormark Weighs in on Eldorado Gold’s Q4 Earnings (TSE:ELD)

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Investment analysts at Cormark increased their Q4 2024 earnings per share (EPS) estimates for shares of Eldorado Gold in a report issued on Thursday, January 16th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.82 for the quarter, up from their previous forecast of $0.70. 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 $0.50 EPS, Q2 2025 earnings at $0.58 EPS, Q3 2025 earnings at $0.59 EPS, Q4 2025 earnings at $1.21 EPS and FY2025 earnings at $2.88 EPS.

Other research analysts have also issued research reports about the stock. National Bankshares decreased their target price on shares of Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a research report on Wednesday. Stifel Nicolaus reduced their price target on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$23.61.

Eldorado Gold Price Performance

TSE:ELD opened at C$20.99 on Friday. Eldorado Gold has a 52 week low of C$13.10 and a 52 week high of C$26.32. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62. The firm’s 50-day simple moving average is C$22.27 and its 200 day simple moving average is C$22.83. The firm has a market cap of C$4.30 billion, a price-to-earnings ratio of 17.49, a P/E/G ratio of 56.20 and a beta of 1.22.

About Eldorado Gold

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.