Eldorado Gold FY2024 EPS Forecast Raised by Stifel Canada

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Research analysts at Stifel Canada raised their FY2024 earnings per share (EPS) estimates for shares of Eldorado Gold in a note issued to investors on Tuesday, February 4th. Stifel Canada analyst I. Rico now anticipates that the company will earn $2.15 per share for the year, up from their previous forecast of $2.00. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Stifel Canada also issued estimates for Eldorado Gold’s Q4 2024 earnings at $0.78 EPS.

ELD has been the topic of several other reports. Stifel Nicolaus decreased their target price on shares of Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th. National Bankshares decreased their price objective on Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a report on Wednesday, January 15th. Finally, BMO Capital Markets cut their target price on Eldorado Gold from C$31.00 to C$29.00 in a research note on Thursday, January 30th.

Eldorado Gold Trading Down 11.5 %

Shares of ELD stock opened at C$20.02 on Thursday. Eldorado Gold has a twelve month low of C$13.10 and a twelve month high of C$26.32. The stock has a market cap of C$4.10 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 56.20 and a beta of 1.22. The company’s 50-day moving average price is C$22.15 and its 200-day moving average price is C$22.90. The company has a current ratio of 3.62, a quick ratio of 2.28 and a debt-to-equity ratio of 20.85.

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.