Eldorado Gold Co. (TSE:ELD) Given Average Rating of "Moderate Buy" by Brokerages

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO has earned an average rating of "Moderate Buy" from the eight analysts that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$63.50.

Several equities analysts have commented on ELD shares. Bank of America lifted their target price on shares of Eldorado Gold from C$46.25 to C$52.00 in a research report on Thursday, February 26th. Scotiabank raised shares of Eldorado Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 26th. Royal Bank Of Canada cut shares of Eldorado Gold from a "moderate buy" rating to a "hold" rating and lifted their target price for the stock from C$47.00 to C$48.00 in a research report on Tuesday, February 17th. BMO Capital Markets set a C$82.00 target price on shares of Eldorado Gold and gave the stock an "outperform" rating in a research report on Wednesday, April 15th. Finally, National Bank Financial lifted their target price on shares of Eldorado Gold from C$63.00 to C$70.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 15th.

More Eldorado Gold News

Here are the key news stories impacting Eldorado Gold this week:

• Positive Sentiment: Multiple insiders and directors purchased shares at C$40–43 per share (largest: insider Christian Milau bought 12,400 shares at C$40.17 for ~C$498k and increased his stake ~40% to 43,273 shares). Other buys: Steven Reid (6,000 @ C$43.33), Paul Ferneyhough (1,100 @ C$42.16), Sally Eyre (1,240 @ C$40.33) and Stephen Walker (1,000 @ C$40.56). Insider/director accumulation signals management confidence and can support the stock's rally.
• Positive Sentiment: Eldorado and Teck won top mining sustainability awards — a reputational positive that can reduce project and permitting risk and attract ESG-focused capital. Article Title
• Neutral Sentiment: Val-d'Or exploration update: Eldorado Gold (Quebec) Inc. option activity around the Perestroika prospect — positive from an exploration optionality standpoint but likely longer‑term and speculative for near-term earnings. Article Title
• Negative Sentiment: ATB Cormark downgraded Eldorado from "moderate buy" to "hold" — a near‑term negative that may limit analyst-driven buying and reduce momentum, especially if other brokers follow. Article Title

Insider Activity

In other news, insider Christian Milau bought 12,400 shares of the company's stock in a transaction on Tuesday, May 5th. The shares were purchased at an average price of C$40.17 per share, with a total value of C$498,108.00. Following the transaction, the insider directly owned 43,273 shares in the company, valued at C$1,738,276.41. This represents a 40.16% increase in their ownership of the stock. Also, insider Paul Anthony Ferneyhough purchased 1,100 shares of the firm's stock in a transaction dated Wednesday, May 6th. The shares were bought at an average price of C$42.16 per share, with a total value of C$46,376.00. Following the purchase, the insider owned 35,257 shares in the company, valued at C$1,486,435.12. The trade was a 3.22% increase in their ownership of the stock. Over the last 90 days, insiders have purchased 25,240 shares of company stock worth $1,100,098. Corporate insiders own 0.58% of the company's stock.

Eldorado Gold Price Performance

Eldorado Gold stock opened at C$43.13 on Thursday. Eldorado Gold has a 52 week low of C$23.99 and a 52 week high of C$69.46. The company's 50 day moving average price is C$49.54 and its two-hundred day moving average price is C$49.05. The company has a quick ratio of 2.28, a current ratio of 1.62 and a debt-to-equity ratio of 28.81. The stock has a market cap of C$11.36 billion, a P/E ratio of 15.40, a P/E/G ratio of 56.20 and a beta of 1.62.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last posted its earnings results on Thursday, April 30th. The company reported C$0.95 EPS for the quarter. Eldorado Gold had a net margin of 28.71% and a return on equity of 13.69%. The firm had revenue of C$740.23 million for the quarter. On average, equities analysts predict that Eldorado Gold will post 2.1505174 earnings per share for the current year.

About Eldorado Gold

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.

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