Scotiabank Brokers Lift Earnings Estimates for Eldorado Gold

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Stock analysts at Scotiabank upped their FY2024 earnings per share (EPS) estimates for Eldorado Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $2.06 per share for the year, up from their previous estimate of $1.80. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Separately, Stifel Nicolaus decreased their price target on shares of Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Eldorado Gold currently has a consensus rating of “Moderate Buy” and an average target price of C$23.61.

Eldorado Gold Stock Down 1.6 %

TSE ELD opened at C$23.04 on Friday. The business’s 50-day moving average is C$22.46 and its 200 day moving average is C$22.79. The stock has a market capitalization of C$4.72 billion, a PE ratio of 19.20, a PEG ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28. Eldorado Gold has a 1 year low of C$13.10 and a 1 year high of C$26.32.

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.