What is Cormark's Estimate for Eldorado Gold Q1 Earnings?

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Analysts at Cormark raised their Q1 2025 earnings per share estimates for shares of Eldorado Gold in a research note issued on Tuesday, April 22nd. Cormark analyst R. Gray now anticipates that the company will earn $0.43 per share for the quarter, up from their previous estimate of $0.34. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share.

A number of other research analysts have also recently commented on ELD. BMO Capital Markets cut their target price on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. National Bank Financial upgraded shares of Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st. Stifel Nicolaus boosted their price target on Eldorado Gold from C$25.00 to C$29.00 in a research note on Monday, April 21st. Finally, National Bankshares boosted their target price on shares of Eldorado Gold from C$25.00 to C$29.00 and gave the company an "outperform" rating in a research report on Wednesday, March 19th.

Eldorado Gold Stock Performance

TSE ELD traded down C$0.31 during trading hours on Wednesday, hitting C$26.08. 73,389 shares of the company's stock traded hands, compared to its average volume of 419,279. The business's fifty day moving average price is C$23.19 and its two-hundred day moving average price is C$22.73. The firm has a market capitalization of C$3.76 billion, a P/E ratio of 13.58, a P/E/G ratio of 56.20 and a beta of 1.22. The company has a current ratio of 3.37, a quick ratio of 2.28 and a debt-to-equity ratio of 23.28. Eldorado Gold has a 52 week low of C$18.94 and a 52 week high of C$28.50.

Insider Transactions at Eldorado Gold

In related news, Senior Officer Joseph Dennis Dick sold 9,275 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$20.22, for a total value of C$187,540.50. Also, Senior Officer Mehmet Yilmaz sold 3,000 shares of the business's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of C$22.85, for a total value of C$68,550.00. Insiders sold 40,924 shares of company stock valued at $811,687 over the last quarter. Company 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.