FY2025 EPS Estimates for Eldorado Gold Lowered by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Stock analysts at Scotiabank decreased their FY2025 earnings estimates for shares of Eldorado Gold in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $1.80 per share for the year, down from their prior estimate of $2.26. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Scotiabank also issued estimates for Eldorado Gold’s FY2026 earnings at $1.36 EPS.

Several other equities research analysts have also commented on ELD. National Bank Financial raised shares of Eldorado Gold to a “strong-buy” rating in a research report on Friday, March 21st. Cormark reduced their target price on shares of Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th. BMO Capital Markets dropped their price target on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Finally, National Bankshares boosted their price objective on shares of Eldorado Gold from C$25.00 to C$29.00 and gave the company an “outperform” rating in a research report on Wednesday, March 19th.

Eldorado Gold Stock Up 5.3 %

ELD stock opened at C$23.70 on Monday. The company has a market cap of C$3.42 billion, a price-to-earnings ratio of 12.34, a P/E/G ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37. The business’s 50-day moving average is C$21.18 and its two-hundred day moving average is C$22.38. Eldorado Gold has a fifty-two week low of C$18.23 and a fifty-two week high of C$26.32.

Insider Buying and Selling at Eldorado Gold

In related news, Director George Raymond Burns sold 7,590 shares of Eldorado Gold stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$19.61, for a total transaction of C$148,853.56. Also, Senior Officer Joseph Dennis Dick sold 9,275 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$20.22, for a total value of C$187,540.50. Insiders have sold 40,924 shares of company stock valued at $811,687 over the last 90 days. 0.58% of the stock is currently owned by corporate insiders.

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.