Brokers Offer Predictions for Eldorado Gold FY2025 Earnings

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Stifel Canada dropped their FY2025 earnings estimates for shares of Eldorado Gold in a report released on Tuesday, February 4th. Stifel Canada analyst I. Rico now expects that the basic materials company will post earnings per share of $1.74 for the year, down from their prior estimate of $2.07. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.50 per share. Stifel Canada also issued estimates for Eldorado Gold’s FY2026 earnings at $1.88 EPS.

Other equities research analysts have also issued reports about the company. 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 research report on Monday, November 4th. StockNews.com upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating in a report on Friday. Finally, Scotiabank dropped their price objective on shares of Eldorado Gold from $18.50 to $16.50 and set a “sector perform” rating on the stock in a research note on Friday. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Eldorado Gold presently has an average rating of “Moderate Buy” and a consensus target price of $20.00.

Eldorado Gold Stock Performance

Shares of EGO stock opened at $13.92 on Friday. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of 10.38 and a beta of 0.93. Eldorado Gold has a 1-year low of $9.72 and a 1-year high of $19.06. 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 stock’s fifty day simple moving average is $15.41 and its 200-day simple moving average is $16.42.

Hedge Funds Weigh In On Eldorado Gold

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Financial Management Professionals Inc. acquired a new position in shares of Eldorado Gold during the 3rd quarter worth $32,000. Blue Trust Inc. increased its position 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 buying an additional 1,336 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in Eldorado Gold during the third quarter valued at about $36,000. SBI Securities Co. Ltd. acquired a new stake in shares of Eldorado Gold in the fourth quarter worth about $55,000. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of Eldorado Gold during the 4th quarter worth about $113,000. Institutional investors own 69.58% of the company’s stock.

Eldorado Gold Company Profile

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.