Eldorado Gold (EGO) to Release Earnings on Thursday

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.23 per share and revenue of $319.83 million for the quarter.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last issued its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.13. The company had revenue of $435.70 million for the quarter, compared to analyst estimates of $440.43 million. Eldorado Gold had a return on equity of 8.74% and a net margin of 21.86%. On average, analysts expect Eldorado Gold to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Eldorado Gold Stock Performance

Shares of EGO stock traded down $0.55 during mid-day trading on Tuesday, hitting $18.66. 1,771,882 shares of the stock were exchanged, compared to its average volume of 1,573,979. The stock's fifty day simple moving average is $16.53 and its two-hundred day simple moving average is $16.07. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of 13.33 and a beta of 0.81. Eldorado Gold has a 12-month low of $13.29 and a 12-month high of $20.65. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.54 and a current ratio of 3.37.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on EGO shares. Royal Bank of Canada raised their price objective on Eldorado Gold from $20.00 to $21.00 and gave the stock an "outperform" rating in a report on Friday, April 4th. National Bank Financial raised Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st. StockNews.com raised Eldorado Gold from a "hold" rating to a "buy" rating in a report on Thursday, April 10th. Scotiabank raised their price target on Eldorado Gold from $16.50 to $19.00 and gave the stock a "sector perform" rating in a report on Monday, April 14th. Finally, National Bankshares reissued an "outperform" rating on shares of Eldorado Gold in a report on Wednesday, April 23rd. Two investment 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's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $20.38.

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.