FY2025 EPS Estimates for Eldorado Gold Lowered by Analyst

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities research analysts at Scotiabank reduced their FY2025 earnings per share estimates for shares of Eldorado Gold in a report issued on Friday, January 30th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $2.19 per share for the year, down from their prior estimate of $2.46. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

ELD has been the subject of a number of other reports. Canaccord Genuity Group cut their price target on shares of Eldorado Gold from C$70.00 to C$62.00 and set a “buy” rating on the stock in a report on Tuesday. ATB Capital dropped their target price on Eldorado Gold from C$100.00 to C$89.00 and set an “outperform” rating for the company in a research report on Tuesday. Finally, BMO Capital Markets upped their target price on Eldorado Gold from C$59.00 to C$74.00 in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$51.21.

Eldorado Gold Trading Up 1.1%

Shares of ELD opened at C$54.06 on Monday. The company’s fifty day simple moving average is C$51.83 and its 200-day simple moving average is C$41.44. The company has a market cap of C$10.87 billion, a P/E ratio of 30.03, a P/E/G ratio of 56.20 and a beta of 1.44. The company has a current ratio of 3.37, a quick ratio of 2.28 and a debt-to-equity ratio of 23.28. Eldorado Gold has a twelve month low of C$18.94 and a twelve month high of C$69.46.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its quarterly earnings results on Thursday, October 30th. The company reported C$0.27 earnings per share (EPS) for the quarter. The company had revenue of C$605.32 million during the quarter. Eldorado Gold had a return on equity of 7.60% and a net margin of 23.32%.

Insider Activity at Eldorado Gold

In related news, insider Christian Milau purchased 2,700 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was purchased at an average price of C$36.99 per share, with a total value of C$99,873.00. Following the completion of the purchase, the insider owned 11,290 shares of the company’s stock, valued at approximately C$417,617.10. The trade was a 31.43% increase in their position. Company insiders own 0.58% of the company’s stock.

More Eldorado Gold News

Here are the key news stories impacting Eldorado Gold this week:

• Positive Sentiment: The company agreed to acquire Foran Mining in a deal reported between ~$2.8bn and $3.8bn, adding significant copper assets and positioning Eldorado for growth beyond pure gold exposure; this strategic pivot supports a higher long‑term growth runway. Read More.
• Positive Sentiment: Coverage notes the deal “recasts valuation and shifts toward copper growth,” which can attract investors bullish on copper fundamentals (electrification, clean‑energy demand). That narrative is likely a primary reason shares are trading up. Read More.
• Neutral Sentiment: Major broker updates revised price targets but kept constructive ratings: ATB Capital cut its target from C$100 to C$89 while retaining an “outperform,” and Canaccord lowered its target to C$62 while keeping a “buy” — signals that analysts see upside but are re‑pricing risk/valuation for the deal. Read More.
• Negative Sentiment: Markets reacted negatively at announcement time — press coverage shows Eldorado and Foran shares tumbled on deal news, reflecting investor concerns about the size, execution risk, integration and financing/dilution implications of a multibillion‑dollar acquisition. Read More.
• Negative Sentiment: Scotiabank and other analysts trimmed FY2025 EPS estimates for Eldorado, increasing near‑term earnings uncertainty tied to transaction costs, integration, and potential capital/credit actions. That reduction is a headwind for near‑term valuation metrics. Read More.

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.