Cormark Has Optimistic Outlook of Eldorado Gold Q2 Earnings

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Investment analysts at Cormark upped their Q2 2025 EPS estimates for Eldorado Gold in a research note issued to investors on Monday, May 5th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.55 for the quarter, up from their previous estimate of $0.36. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold's Q3 2025 earnings at $0.62 EPS, Q4 2025 earnings at $0.62 EPS, FY2025 earnings at $2.17 EPS, FY2026 earnings at $3.74 EPS and FY2027 earnings at $5.71 EPS.

Several other equities analysts have also issued reports on the company. National Bankshares raised their price objective on Eldorado Gold from C$25.00 to C$29.00 and gave the stock an "outperform" rating in a report on Wednesday, March 19th. BMO Capital Markets lowered their price target on Eldorado Gold from C$29.00 to C$27.00 in a report on Friday, February 7th. Stifel Nicolaus increased their price target on Eldorado Gold from C$25.00 to C$29.00 in a report on Monday, April 21st. Finally, National Bank Financial raised Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st.

Eldorado Gold Stock Down 1.6%

TSE ELD traded down C$0.40 on Thursday, hitting C$24.59. 178,118 shares of the stock were exchanged, compared to its average volume of 420,279. Eldorado Gold has a fifty-two week low of C$18.94 and a fifty-two week high of C$28.50. The company has a 50-day moving average price of C$24.59 and a 200-day moving average price of C$22.87. The company has a market cap of C$3.55 billion, a PE ratio of 12.80, a PEG ratio of 56.20 and a beta of 1.22. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28.

Insider Buying and Selling

In other news, Senior Officer Nicolae Stanca sold 4,235 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of C$13.92, for a total value of C$58,951.20. Also, Senior Officer Frank Hamilton Herbert sold 2,000 shares of the stock in a transaction on Thursday, May 8th. The shares were sold at an average price of C$27.64, for a total value of C$55,280.00. Over the last quarter, insiders sold 43,461 shares of company stock worth $881,625. 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.