Eldorado Gold Corporation (NYSE:EGO - Free Report) TSE: ELD - Research analysts at Stifel Canada raised their FY2025 earnings per share estimates for Eldorado Gold in a research report issued on Monday, July 21st. Stifel Canada analyst I. Rico now anticipates that the basic materials company will post earnings of $1.71 per share for the year, up from their previous estimate of $1.56. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share.
A number of other equities analysts have also commented on the company. Canaccord Genuity Group cut their price objective on Eldorado Gold from $29.00 to $27.00 and set a "hold" rating on the stock in a research note on Monday, May 5th. 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 note on Monday, April 14th. CIBC reissued an "outperform" rating on shares of Eldorado Gold in a research note on Tuesday, July 15th. Wall Street Zen raised Eldorado Gold from a "hold" rating to a "buy" rating in a research report on Friday, June 6th. Finally, Royal Bank Of Canada upped their target price on Eldorado Gold from $20.00 to $21.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Three research 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. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $23.60.
Get Our Latest Stock Report on Eldorado Gold
Eldorado Gold Trading Up 1.2%
Shares of Eldorado Gold stock traded up $0.25 during midday trading on Thursday, reaching $20.72. The company had a trading volume of 1,682,971 shares, compared to its average volume of 1,449,056. The stock has a fifty day moving average price of $20.48 and a 200 day moving average price of $17.75. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.12 and a quick ratio of 2.53. The firm has a market cap of $4.22 billion, a PE ratio of 13.03, a P/E/G ratio of 0.34 and a beta of 0.46. Eldorado Gold has a fifty-two week low of $13.29 and a fifty-two week high of $21.79.
Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last posted its quarterly earnings data on Thursday, May 1st. The basic materials company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.04). The company had revenue of $341.59 million during the quarter, compared to analyst estimates of $319.83 million. Eldorado Gold had a return on equity of 8.41% and a net margin of 23.10%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Continuum Advisory LLC grew its stake in shares of Eldorado Gold by 335.3% during the 1st quarter. Continuum Advisory LLC now owns 2,525 shares of the basic materials company's stock worth $42,000 after acquiring an additional 1,945 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in Eldorado Gold by 26.5% during the 4th quarter. TD Waterhouse Canada Inc. now owns 3,252 shares of the basic materials company's stock worth $48,000 after purchasing an additional 682 shares in the last quarter. SBI Securities Co. Ltd. lifted its holdings in Eldorado Gold by 142.6% during the 1st quarter. SBI Securities Co. Ltd. now owns 9,006 shares of the basic materials company's stock worth $151,000 after purchasing an additional 5,294 shares in the last quarter. Tradition Wealth Management LLC purchased a new stake in Eldorado Gold during the 4th quarter worth about $153,000. Finally, Envestnet Asset Management Inc. purchased a new stake in Eldorado Gold during the 4th quarter worth about $183,000. Institutional investors own 69.58% of the company's stock.
Eldorado Gold Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Eldorado Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eldorado Gold wasn't on the list.
While Eldorado Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
