Stifel Canada Increases Earnings Estimates for Eldorado Gold

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Stifel Canada upped their FY2025 earnings per share (EPS) estimates for shares of Eldorado Gold in a research report issued to clients and investors on Monday, July 21st. Stifel Canada analyst I. Rico now anticipates that the company will post earnings of $2.34 per share for the year, up from their previous forecast of $2.17. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share. Stifel Canada also issued estimates for Eldorado Gold's FY2027 earnings at $5.19 EPS.

Separately, Stifel Nicolaus boosted their price target on Eldorado Gold from C$25.00 to C$29.00 in a research report on Monday, April 21st.

Eldorado Gold Trading Up 1.6%

Shares of TSE ELD traded up C$0.45 during midday trading on Thursday, hitting C$28.38. The stock had a trading volume of 253,214 shares, compared to its average volume of 400,983. The company has a market capitalization of C$4.09 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 56.20 and a beta of 1.22. Eldorado Gold has a 1-year low of C$18.94 and a 1-year high of C$29.78. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28. The company has a fifty day moving average price of C$28.04 and a 200 day moving average price of C$24.82.

Insiders Place Their Bets

In other news, Senior Officer Per Niklas Frank sold 11,107 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of C$27.91, for a total value of C$309,996.37. Also, Senior Officer Mehmet Yilmaz sold 10,798 shares of the business's stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of C$28.70, for a total value of C$309,917.72. In the last ninety days, insiders sold 185,501 shares of company stock worth $5,380,236. Corporate insiders own 0.58% of the company's stock.

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.