Cormark Brokers Lower Earnings Estimates for Eldorado Gold

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Analysts at Cormark decreased their Q1 2025 earnings per share estimates for shares of Eldorado Gold in a research report issued on Monday, February 10th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.33 for the quarter, down from their previous forecast of $0.46. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold’s Q3 2025 earnings at $0.41 EPS.

Several other analysts have also commented on ELD. BMO Capital Markets cut their target price on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Stifel Nicolaus cut their price objective on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Finally, National Bankshares decreased their target price 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.

Eldorado Gold Stock Performance

ELD opened at C$20.58 on Tuesday. Eldorado Gold has a 1-year low of C$13.10 and a 1-year high of C$26.32. The company has a market capitalization of C$4.21 billion, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The business has a 50 day moving average price of C$22.03 and a two-hundred day moving average price of C$22.84. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28.

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.