Eldorado Gold (NYSE:EGO) Issues Earnings Results

Eldorado Gold (NYSE:EGO) (TSE:ELD) announced its quarterly earnings results on Wednesday. The basic materials company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.04), reports. Eldorado Gold had a net margin of 29.83% and a return on equity of 10.91%. The company had revenue of $511.90 million for the quarter, compared to analyst estimates of $621.90 million.

Eldorado Gold Stock Performance

NYSE:EGO traded down $2.00 during mid-day trading on Thursday, hitting $32.46. The stock had a trading volume of 7,705,432 shares, compared to its average volume of 2,950,044. Eldorado Gold has a twelve month low of $24.57 and a twelve month high of $51.16. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.85 and a current ratio of 1.31. The stock has a market cap of $8.49 billion, a price-to-earnings ratio of 11.53, a PEG ratio of 0.29 and a beta of 0.67. The company’s 50 day simple moving average is $40.21 and its 200 day simple moving average is $36.99.

Eldorado Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.0750 per share. The ex-dividend date is Tuesday, December 1st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.9%. Eldorado Gold’s dividend payout ratio is currently 10.64%.

Trending Headlines about Eldorado Gold

Here are the key news stories impacting Eldorado Gold this week:

• Positive Sentiment: Eldorado declared a quarterly dividend of $0.075 per share, payable December 15 to shareholders of record December 1. The dividend equates to $0.30 annually and a yield of approximately 0.9%, providing ongoing shareholder income.
• Positive Sentiment: The company said Skouries and McIlvenna Bay continue advancing toward commercial production, supporting Eldorado’s longer-term growth pipeline. Eldorado Gold Q3 2026 Financial and Operational Results
• Neutral Sentiment: Third-quarter adjusted earnings and revenue increased, but the broader results included earnings per share of $0.49, below the $0.53 analyst consensus, and revenue of $511.9 million versus estimates of $621.9 million. Eldorado Gold Q3 Adjusted Earnings and Revenue
• Negative Sentiment: Production guidance for 2026 was revised lower, with reports indicating the company cut its gold outlook by about 18%. The revision reflects execution setbacks at Skouries and raises concerns about near-term production and cash-flow expectations. Eldorado Drops as Skouries Setbacks Cut Gold Outlook 18%
• Negative Sentiment: Skouries costs reportedly reached approximately $2,050 per ounce, adding pressure to project economics and contributing to the guidance reduction. Eldorado Gold Q3 2026 Earnings

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on EGO shares. Jefferies Financial Group started coverage on Eldorado Gold in a research report on Thursday, August 20th. They issued a “buy” rating and a $50.00 price objective for the company. Zacks Research cut Eldorado Gold from a “hold” rating to a “strong sell” rating in a report on Monday, October 19th. Bank of America upgraded shares of Eldorado Gold from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $32.00 to $54.00 in a research note on Tuesday, September 22nd. Stifel Nicolaus raised shares of Eldorado Gold from a “hold” rating to a “buy” rating in a research note on Friday, July 31st. Finally, Royal Bank Of Canada upped their target price on shares of Eldorado Gold from $37.00 to $41.00 and gave the stock a “sector perform” rating in a report on Wednesday, September 16th. Three equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Eldorado Gold presently has an average rating of “Moderate Buy” and a consensus target price of $46.57.

About Eldorado Gold

Eldorado Gold Corporation is a Canadian mining company focused on the exploration, development and operation of gold properties. The company produces gold and related by-products, including silver, and manages a portfolio of mines and development projects in Türkiye, Greece and Canada.

Eldorado’s operations and projects include the Kisladag and Efemcukuru gold mines in Türkiye, the Olympias polymetallic mine and Skouries copper-gold project in Greece, and the Lamaque gold operation in Quebec, Canada.