FY2025 EPS Estimates for Eldorado Gold Reduced by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Scotiabank decreased their FY2025 earnings estimates for Eldorado Gold in a research report issued to clients and investors on Friday, January 30th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings per share of $2.19 for the year, down from their previous estimate of $2.46. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

A number of other equities analysts also recently commented on the company. BMO Capital Markets lifted their target price on Eldorado Gold from C$59.00 to C$74.00 in a research note on Thursday, January 22nd. Canaccord Genuity Group upgraded Eldorado Gold from a “hold” rating to a “buy” rating and upped their price objective for the stock from C$42.00 to C$54.00 in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Strong Buy” and a consensus target price of C$43.58.

Eldorado Gold Stock Down 10.0%

Shares of TSE:ELD opened at C$58.42 on Monday. Eldorado Gold has a 1-year low of C$18.94 and a 1-year high of C$69.46. The company’s fifty day moving average is C$51.31 and its two-hundred day moving average is C$41.07. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37. The stock has a market capitalization of C$11.74 billion, a price-to-earnings ratio of 32.46, a price-to-earnings-growth ratio of 56.20 and a beta of 1.38.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its earnings results on Thursday, October 30th. The company reported C$0.27 EPS for the quarter. The company had revenue of C$605.32 million during the quarter. Eldorado Gold had a return on equity of 7.60% and a net margin of 23.32%.

Insider Activity

In other Eldorado Gold news, insider Christian Milau purchased 2,700 shares of the stock in a transaction dated Friday, November 7th. The shares were bought at an average cost of C$36.99 per share, with a total value of C$99,873.00. Following the completion of the acquisition, the insider owned 11,290 shares of the company’s stock, valued at approximately C$417,617.10. This trade represents a 31.43% increase in their ownership of the stock. 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.