National Bank Financial Comments on Eldorado Gold Co.’s FY2025 Earnings (NYSE:EGO)

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Investment analysts at National Bank Financial upped their FY2025 earnings estimates for Eldorado Gold in a report released on Sunday, July 28th. National Bank Financial analyst M. Parkin now forecasts that the basic materials company will post earnings of $1.79 per share for the year, up from their prior forecast of $1.54. National Bank Financial currently has a “Outperform Spec Overweight” rating on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.28 per share. National Bank Financial also issued estimates for Eldorado Gold’s FY2026 earnings at $1.98 EPS.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its earnings results on Thursday, July 25th. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. The firm had revenue of $297.14 million during the quarter. Eldorado Gold had a net margin of 15.67% and a return on equity of 5.82%. During the same quarter in the previous year, the firm posted $0.09 earnings per share.

Several other analysts have also recently issued reports on the stock. StockNews.com raised shares of Eldorado Gold from a “hold” rating to a “buy” rating in a report on Monday, July 1st. CIBC increased their target price on shares of Eldorado Gold from $18.00 to $22.50 and gave the company an “outperformer” rating in a research report on Wednesday, July 10th. Scotiabank increased their target price on shares of Eldorado Gold from $15.00 to $18.00 and gave the company a “sector perform” rating in a research report on Thursday, May 23rd. Finally, Royal Bank of Canada upgraded shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $14.00 to $20.00 in a research report on Wednesday, May 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Eldorado Gold currently has a consensus rating of “Hold” and a consensus target price of $16.50.

Eldorado Gold Trading Down 1.2 %

NYSE EGO opened at $16.76 on Wednesday. The company’s fifty day simple moving average is $15.74 and its 200-day simple moving average is $14.19. Eldorado Gold has a 52 week low of $8.30 and a 52 week high of $17.28. The company has a current ratio of 3.62, a quick ratio of 2.65 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.43 billion, a P/E ratio of 29.40, a PEG ratio of 0.26 and a beta of 0.92.

Institutional Investors Weigh In On Eldorado Gold

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Van ECK Associates Corp lifted its holdings in Eldorado Gold by 1.7% in the 1st quarter. Van ECK Associates Corp now owns 22,526,713 shares of the basic materials company’s stock valued at $316,950,000 after acquiring an additional 380,991 shares during the last quarter. Donald Smith & CO. Inc. boosted its holdings in shares of Eldorado Gold by 9.8% during the first quarter. Donald Smith & CO. Inc. now owns 13,948,916 shares of the basic materials company’s stock worth $196,261,000 after purchasing an additional 1,240,732 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Eldorado Gold by 0.6% during the first quarter. Vanguard Group Inc. now owns 6,812,900 shares of the basic materials company’s stock worth $95,858,000 after purchasing an additional 38,630 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Eldorado Gold by 7.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,203,248 shares of the basic materials company’s stock worth $54,517,000 after purchasing an additional 295,282 shares during the period. Finally, Jennison Associates LLC acquired a new stake in shares of Eldorado Gold during the first quarter worth approximately $36,374,000. 69.58% of the stock is owned by institutional investors and hedge funds.

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.