Eldorado Gold (NYSE:EGO) Trading Down 9.2% on Disappointing Earnings

Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) was down 9.2% on Friday after the company announced weaker than expected quarterly earnings. The company traded as low as $42.42 and last traded at $43.2670. Approximately 1,099,147 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 2,510,783 shares. The stock had previously closed at $47.63.

The basic materials company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.01). The company had revenue of $575.14 million for the quarter, compared to analyst estimates of $500.42 million. Eldorado Gold had a return on equity of 8.75% and a net margin of 27.89%.

Eldorado Gold Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.7%.

Eldorado Gold News Roundup

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

• Positive Sentiment: Company provided 2026 guidance and a three‑year outlook targeting ~40% gold production growth and updated Skouries construction status — a clear operational growth story that supports longer‑term upside. Eldorado Gold Provides 2026 Guidance
• Positive Sentiment: Company reported strong 2025 full‑year and Q4 results with significant free cash flow (excluding Skouries) and increased cash from operations — positive for balance‑sheet strength and funding growth. Eldorado Gold Delivers Strong 2025 Results
• Positive Sentiment: Quarterly results showed revenue materially above estimates ($575.1M vs. ~$500.4M) and healthy margins, although EPS missed by $0.01 — mixed but tilted positive on cash generation and unit economics. Earnings Release & Call
• Neutral Sentiment: Unusually large options flow: traders bought ~2,739 call contracts (≈48% above typical volume), indicating elevated speculative/hedging interest—adds volatility and trading volume but not a direct directional signal.
• Negative Sentiment: Analyst downgrades from CIBC (from Outperform/Sector Outperform to Neutral) weighed on the stock; CIBC still sets a $54 target, but the rating change likely triggered selling pressure. BayStreet.CA The Fly
• Negative Sentiment: Canaccord downgraded EGO from Buy to Hold, adding further analyst pressure and reducing near‑term investor conviction. Finviz TickerReport

Analysts Set New Price Targets

EGO has been the subject of several research analyst reports. National Bank Financial restated an “outperform” rating on shares of Eldorado Gold in a research note on Tuesday, November 4th. Scotiabank raised shares of Eldorado Gold from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 26th. Canaccord Genuity Group cut shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Friday. Weiss Ratings restated a “buy (b)” rating on shares of Eldorado Gold in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada downgraded Eldorado Gold from an “outperform” rating to a “sector perform” rating and set a $48.00 price target on the stock. in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $38.20.

Hedge Funds Weigh In On Eldorado Gold

Several large investors have recently made changes to their positions in EGO. Linden Thomas Advisory Services LLC grew its position in Eldorado Gold by 4.2% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 7,896 shares of the basic materials company’s stock valued at $284,000 after buying an additional 318 shares during the period. Savant Capital LLC raised its position in shares of Eldorado Gold by 2.7% in the fourth quarter. Savant Capital LLC now owns 14,135 shares of the basic materials company’s stock worth $508,000 after acquiring an additional 371 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in shares of Eldorado Gold by 0.9% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 63,081 shares of the basic materials company’s stock worth $1,794,000 after acquiring an additional 582 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in shares of Eldorado Gold by 35.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,247 shares of the basic materials company’s stock valued at $46,000 after acquiring an additional 587 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in shares of Eldorado Gold by 7.6% in the 2nd quarter. SBI Securities Co. Ltd. now owns 9,693 shares of the basic materials company’s stock valued at $197,000 after purchasing an additional 687 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Eldorado Gold Stock Down 9.7%

The company has a market cap of $8.54 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 0.19 and a beta of 0.51. The business has a fifty day moving average of $40.70 and a two-hundred day moving average of $31.94. The company has a current ratio of 2.79, a quick ratio of 2.28 and a debt-to-equity ratio of 0.31.

Eldorado Gold Company Profile

Eldorado Gold Corporation is a Canada‐based gold producer engaged in the acquisition, exploration, development and operation of mineral properties. The company’s core focus is on gold, silver and select base metals, with an emphasis on advancing projects through feasibility and into production. Eldorado Gold maintains a diversified portfolio of both producing mines and advanced‐stage development projects.

Operationally, Eldorado Gold manages multiple gold mining operations across Turkey, Canada and Greece.