FY2025 Earnings Forecast for Eldorado Gold Issued By Cormark

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities research analysts at Cormark cut their FY2025 earnings per share (EPS) estimates for Eldorado Gold in a report released on Wednesday, January 29th. Cormark analyst R. Gray now forecasts that the company will earn $2.69 per share for the year, down from their prior forecast of $2.88. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

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

Eldorado Gold Price Performance

ELD stock opened at C$22.12 on Friday. The firm has a 50-day moving average of C$22.18 and a 200 day moving average of C$22.91. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28. The company has a market cap of C$4.53 billion, a P/E ratio of 18.43, a PEG ratio of 56.20 and a beta of 1.22. Eldorado Gold has a 1 year low of C$13.10 and a 1 year high of C$26.32.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its quarterly earnings results on Thursday, October 31st. The company reported C$0.47 EPS for the quarter, topping the consensus estimate of C$0.46 by C$0.01. Eldorado Gold had a net margin of 15.68% and a return on equity of 4.99%. During the same quarter in the prior year, the firm earned $0.23 EPS.

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.