FY2025 EPS Estimates for Eldorado Gold Cut by Stifel Canada

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Research analysts at Stifel Canada lowered their FY2025 EPS estimates for shares of Eldorado Gold in a report released on Monday, October 20th. Stifel Canada analyst I. Rico now anticipates that the company will post earnings of $2.28 per share for the year, down from their previous forecast of $2.34. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Stifel Canada also issued estimates for Eldorado Gold’s FY2026 earnings at $5.26 EPS and FY2027 earnings at $8.64 EPS.

Several other research firms also recently weighed in on ELD. National Bankshares lifted their target price on shares of Eldorado Gold from C$38.00 to C$41.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Canaccord Genuity Group raised shares of Eldorado Gold from a “hold” rating to a “buy” rating and lifted their target price for the stock from C$42.00 to C$54.00 in a research report on Wednesday. Finally, Bank of America lifted their target price on shares of Eldorado Gold from C$28.50 to C$33.50 in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$35.75.

Eldorado Gold Stock Performance

Eldorado Gold stock opened at C$36.66 on Thursday. The firm’s 50 day simple moving average is C$37.09 and its 200-day simple moving average is C$30.87. The company has a market cap of C$7.45 billion, a P/E ratio of 18.42, a price-to-earnings-growth ratio of 56.20 and a beta of 1.12. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28. Eldorado Gold has a fifty-two week low of C$18.94 and a fifty-two week high of C$43.41.

Insider Buying and Selling at Eldorado Gold

In other Eldorado Gold news, insider Ryan Swedburg sold 6,153 shares of Eldorado Gold stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of C$33.43, for a total value of C$205,694.79. Following the completion of the sale, the insider directly owned 2,617 shares in the company, valued at C$87,486.31. The trade was a 70.16% decrease in their ownership of the stock. Also, insider Christine Tamiko Ohta sold 5,438 shares of the business’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of C$32.56, for a total transaction of C$177,061.28. Following the completion of the sale, the insider owned 6,408 shares of the company’s stock, valued at C$208,644.48. The trade was a 45.91% decrease in their ownership of the stock. Insiders sold 20,091 shares of company stock worth $679,773 over the last ninety days. 0.58% of the stock is currently owned by insiders.

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.