Brokers Offer Predictions for Eldorado Gold FY2027 Earnings

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Investment analysts at Cormark reduced their FY2027 earnings per share (EPS) estimates for shares of Eldorado Gold in a note issued to investors on Wednesday, February 26th. Cormark analyst R. Gray now expects that the company will post earnings of $4.33 per share for the year, down from their previous forecast of $4.35. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Several other equities analysts have also commented on ELD. Stifel Nicolaus dropped their price target on shares of Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. BMO Capital Markets reduced their price objective on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Finally, National Bankshares decreased their price target on Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating for the company in a report on Wednesday, January 15th.

Eldorado Gold Trading Down 4.6 %

TSE ELD opened at C$19.75 on Thursday. The stock has a market capitalization of C$2.85 billion, a PE ratio of 10.28, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The firm has a 50 day moving average of C$21.40 and a two-hundred day moving average of C$22.63. Eldorado Gold has a 52 week low of C$13.63 and a 52 week high of C$26.32. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28.

Insider Activity

In other Eldorado Gold news, Senior Officer Joseph Dennis Dick sold 9,275 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of C$20.22, for a total transaction of C$187,540.50. Insiders own 0.58% of the company’s stock.

Eldorado Gold Company Profile

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.