FY2026 EPS Estimates for Eldorado Gold Reduced by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Research analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Eldorado Gold in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $3.88 per share for the year, down from their prior estimate of $4.10. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its quarterly earnings results on Thursday, April 30th. The company reported C$1.32 earnings per share (EPS) for the quarter. Eldorado Gold had a return on equity of 13.69% and a net margin of 28.71%.The business had revenue of C$740.23 million for the quarter.

A number of other research firms have also weighed in on ELD. TD dropped their price objective on Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. National Bank Financial lifted their target price on shares of Eldorado Gold from C$63.00 to C$70.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. BMO Capital Markets set a C$82.00 price target on shares of Eldorado Gold and gave the company an “outperform” rating in a report on Wednesday, April 15th. Finally, ATB Cormark Capital Markets cut shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$63.50.

Eldorado Gold Price Performance

Shares of Eldorado Gold stock opened at C$39.16 on Monday. The company has a debt-to-equity ratio of 28.81, a current ratio of 1.62 and a quick ratio of 2.27. Eldorado Gold has a one year low of C$27.02 and a one year high of C$69.46. The business’s 50 day simple moving average is C$44.26 and its two-hundred day simple moving average is C$49.96. The stock has a market capitalization of C$10.20 billion, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 56.20 and a beta of 1.41.

Insider Activity at Eldorado Gold

In other Eldorado Gold news, Director George Raymond Burns sold 61,327 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of C$43.17, for a total transaction of C$2,647,486.59. Following the completion of the transaction, the director owned 502,605 shares of the company’s stock, valued at C$21,697,457.85. This represents a 10.87% decrease in their position. Also, insider Frank Hamilton Herbert sold 17,736 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of C$43.17, for a total value of C$765,663.12. Following the completion of the sale, the insider owned 19,621 shares of the company’s stock, valued at approximately C$847,038.57. This trade represents a 47.48% decrease in their position. Over the last 90 days, insiders have bought 47,356 shares of company stock worth $2,091,456 and have sold 143,588 shares worth $6,212,553. 0.58% of the stock is currently owned by company 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.