Stifel Canada Weighs in on Eldorado Gold Q1 Earnings

Eldorado Gold Co. (NYSE:EGO - Free Report) TSE: ELD - Stifel Canada issued their Q1 2025 earnings estimates for Eldorado Gold in a research report issued on Monday, April 21st. Stifel Canada analyst I. Rico anticipates that the basic materials company will post earnings of $0.34 per share for the quarter. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share. Stifel Canada also issued estimates for Eldorado Gold's FY2026 earnings at $2.45 EPS and FY2027 earnings at $3.79 EPS.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last announced its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.13. The firm had revenue of $435.70 million during the quarter, compared to the consensus estimate of $440.43 million. Eldorado Gold had a return on equity of 8.74% and a net margin of 21.86%.

Other analysts have also issued research reports about the stock. Royal Bank of Canada lifted their price objective on shares of Eldorado Gold from $20.00 to $21.00 and gave the company an "outperform" rating in a research note on Friday, April 4th. National Bankshares reaffirmed an "outperform" rating on shares of Eldorado Gold in a research report on Wednesday. StockNews.com upgraded Eldorado Gold from a "hold" rating to a "buy" rating in a research note on Thursday, April 10th. Scotiabank raised their price objective on Eldorado Gold from $16.50 to $19.00 and gave the company a "sector perform" rating in a research note on Monday, April 14th. Finally, National Bank Financial raised Eldorado Gold to a "strong-buy" rating in a research report on Friday, March 21st. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Eldorado Gold presently has an average rating of "Moderate Buy" and an average price target of $20.38.

Eldorado Gold Stock Down 0.4 %

Shares of EGO stock traded down $0.08 during trading hours on Wednesday, reaching $18.99. The company had a trading volume of 430,136 shares, compared to its average volume of 1,567,851. The stock's fifty day simple moving average is $16.35 and its 200 day simple moving average is $16.04. The company has a market capitalization of $3.90 billion, a P/E ratio of 13.54 and a beta of 0.81. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.54 and a current ratio of 3.37. Eldorado Gold has a twelve month low of $13.29 and a twelve month high of $20.65.

Institutional Trading of Eldorado Gold

Hedge funds and other institutional investors have recently bought and sold shares of the company. ANTIPODES PARTNERS Ltd increased its holdings in shares of Eldorado Gold by 648.7% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 2,649,986 shares of the basic materials company's stock valued at $39,408,000 after acquiring an additional 2,296,018 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Eldorado Gold by 17.5% during the fourth quarter. Jennison Associates LLC now owns 7,090,185 shares of the basic materials company's stock worth $105,431,000 after purchasing an additional 1,058,137 shares during the period. Carrhae Capital LLP lifted its position in shares of Eldorado Gold by 13.9% in the 4th quarter. Carrhae Capital LLP now owns 6,040,730 shares of the basic materials company's stock worth $89,826,000 after buying an additional 738,233 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Eldorado Gold in the 4th quarter valued at about $6,973,000. Finally, BNP Paribas Financial Markets grew its position in shares of Eldorado Gold by 231.7% during the 4th quarter. BNP Paribas Financial Markets now owns 550,876 shares of the basic materials company's stock valued at $8,192,000 after buying an additional 384,793 shares during the last quarter. 69.58% of the stock is owned by institutional investors.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.