Eldorado Gold (EGO) Projected to Post Earnings on Thursday

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.46 per share and revenue of $401.85 million for the quarter.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last posted its earnings results on Thursday, May 1st. The basic materials company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.04). Eldorado Gold had a net margin of 23.10% and a return on equity of 8.41%. The firm had revenue of $341.59 million during the quarter, compared to analysts' expectations of $319.83 million. 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 Eldorado Gold stock traded up $0.25 on Friday, hitting $20.72. The stock had a trading volume of 1,682,971 shares, compared to its average volume of 1,449,056. Eldorado Gold has a 52-week low of $13.29 and a 52-week high of $21.79. The company has a current ratio of 3.12, a quick ratio of 2.53 and a debt-to-equity ratio of 0.23. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 13.03, a P/E/G ratio of 0.34 and a beta of 0.46. The company's 50 day moving average price is $20.48 and its 200 day moving average price is $17.75.

Analyst Ratings Changes

EGO has been the subject of several research reports. National Bankshares reissued an "outperform" rating on shares of Eldorado Gold in a report on Wednesday, July 16th. CIBC reissued an "outperform" rating on shares of Eldorado Gold in a report on Tuesday, July 15th. Scotiabank boosted their price target on Eldorado Gold from $16.50 to $19.00 and gave the company a "sector perform" rating in a research report on Monday, April 14th. Wall Street Zen raised Eldorado Gold from a "hold" rating to a "buy" rating in a research note on Friday, June 6th. Finally, 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 note on Friday, April 4th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $23.60.

Institutional Trading of Eldorado Gold

An institutional investor recently raised its position in Eldorado Gold stock. Goldman Sachs Group Inc. lifted its holdings in shares of Eldorado Gold Corporation (NYSE:EGO - Free Report) TSE: ELD by 50.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 798,205 shares of the basic materials company's stock after buying an additional 266,048 shares during the period. Goldman Sachs Group Inc. owned about 0.39% of Eldorado Gold worth $13,426,000 at the end of the most recent reporting period. 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.