National Bank Financial Forecasts Eldorado Gold Q2 Earnings

Eldorado Gold Corporation (NYSE:EGO - Free Report) TSE: ELD - National Bank Financial issued their Q2 2025 earnings estimates for Eldorado Gold in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco expects that the basic materials company will earn $0.49 per share for the quarter. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share. National Bank Financial also issued estimates for Eldorado Gold's FY2025 earnings at $1.82 EPS.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last released its quarterly earnings results on Thursday, May 1st. The basic materials company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.04). Eldorado Gold had a return on equity of 8.41% and a net margin of 23.10%. The company had revenue of $341.59 million during the quarter, compared to the consensus estimate of $319.83 million.

Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada upped their price objective on Eldorado Gold from $20.00 to $21.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. Wall Street Zen upgraded shares of Eldorado Gold from a "hold" rating to a "buy" rating in a research note on Friday, June 6th. Canaccord Genuity Group reduced their target price on shares of Eldorado Gold from $29.00 to $27.00 and set a "hold" rating on the stock in a report on Monday, May 5th. National Bankshares restated an "outperform" rating on shares of Eldorado Gold in a report on Wednesday. Finally, Scotiabank boosted their target price on shares of Eldorado Gold from $16.50 to $19.00 and gave the stock a "sector perform" rating in a report on Monday, April 14th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Eldorado Gold has a consensus rating of "Moderate Buy" and a consensus target price of $23.60.

Eldorado Gold Trading Down 1.9%

EGO stock traded down $0.39 during trading on Thursday, reaching $19.74. The company had a trading volume of 1,060,546 shares, compared to its average volume of 1,690,469. Eldorado Gold has a 52 week low of $13.29 and a 52 week high of $21.79. The business has a 50 day moving average of $20.19 and a 200 day moving average of $17.57. The company has a market cap of $4.02 billion, a P/E ratio of 12.42, a PEG ratio of 0.34 and a beta of 0.46. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.12 and a quick ratio of 2.53.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in Eldorado Gold in the 4th quarter worth about $1,249,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Eldorado Gold by 11.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,377 shares of the basic materials company's stock worth $764,000 after acquiring an additional 5,397 shares in the last quarter. HighTower Advisors LLC bought a new position in Eldorado Gold in the 4th quarter worth about $461,000. Swiss National Bank boosted its stake in shares of Eldorado Gold by 0.6% during the fourth quarter. Swiss National Bank now owns 403,620 shares of the basic materials company's stock valued at $6,000,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Boston Partners boosted its stake in shares of Eldorado Gold by 3.8% during the fourth quarter. Boston Partners now owns 1,777,646 shares of the basic materials company's stock valued at $26,456,000 after purchasing an additional 64,528 shares in the last quarter. Institutional investors own 69.58% of the company's stock.

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.