Eldorado Gold (TSE:ELD) Downgraded by Canaccord Genuity Group to Hold

Canaccord Genuity Group downgraded shares of Eldorado Gold (TSE:ELD) (NYSE:EGO) from a strong-buy rating to a hold rating in a research note published on Friday,Zacks.com reports.

ELD has been the topic of a number of other reports. Stifel Nicolaus upped their target price on shares of Eldorado Gold from C$48.00 to C$65.00 in a research note on Tuesday, February 10th. ATB Cormark Capital Markets lowered their price target on Eldorado Gold from C$100.00 to C$89.00 and set an “outperform” rating for the company in a report on Tuesday, February 3rd. Royal Bank Of Canada downgraded Eldorado Gold from a “moderate buy” rating to a “hold” rating and raised their price objective for the stock from C$47.00 to C$48.00 in a report on Tuesday. BMO Capital Markets upped their target price on Eldorado Gold from C$59.00 to C$74.00 in a report on Thursday, January 22nd. Finally, Scotiabank upgraded Eldorado Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$58.93.

Eldorado Gold Stock Performance

ELD stock opened at C$58.84 on Friday. Eldorado Gold has a twelve month low of C$18.94 and a twelve month high of C$69.46. The firm has a market cap of C$11.83 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 56.20 and a beta of 1.44. The business’s fifty day simple moving average is C$55.85 and its two-hundred day simple moving average is C$44.09. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its earnings results on Thursday, February 19th. The company reported C$3.29 earnings per share (EPS) for the quarter. The firm had revenue of C$767.52 million during the quarter. Eldorado Gold had a net margin of 23.32% and a return on equity of 7.60%. Analysts predict that Eldorado Gold will post 2.1505174 earnings per share for the current year.

More Eldorado Gold News

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

• Positive Sentiment: Reported strong Q4 and full‑year results — Eldorado posted C$3.29 EPS and C$767.5M revenue for the quarter, with healthy net margin and improved cash generation, a result investors normally view as supportive. MarketBeat Earnings Summary
• Positive Sentiment: Production beat/operational execution — Company output hit the high end of guidance for Q4, which underpins near‑term cash flow and mine performance expectations. Eldorado Gold Tops Q4 Estimates as Production Hits High End of Guidance
• Positive Sentiment: Company highlights strong free cash flow excluding Skouries and increased operating cash — a sign of improving balance‑sheet flexibility if management sustains this conversion. Business Insider Full-Year & Q4 Results
• Neutral Sentiment: Earnings transcript available for detail — useful for investors who want management commentary on production outlook, capital allocation and Skouries project status. Eldorado Gold (EGO) Q4 2025 Earnings Transcript
• Neutral Sentiment: Pre-earnings coverage and mine development notes — coverage flagged major mines nearing production (context for future volumes). Eldorado Gold earnings on deck as major mines near production
• Negative Sentiment: Canaccord Genuity downgraded ELD from “strong-buy” to “hold” — a near‑term negative for sentiment and dealer support. Canaccord Downgrade
• Negative Sentiment: Canadian Imperial Bank of Commerce (CIBC) also cut its rating from “strong‑buy” to “hold” — further pressure on buy‑side momentum. CIBC Downgrade
• Negative Sentiment: Royal Bank of Canada reduced its stance to “hold” — another large‑bank downgrade contributing to the selloff despite solid results. RBC Cut to Hold
• Neutral Sentiment: Exploration update (Val‑d’Or Perestroika prospect) under an Eldorado option — early‑stage and unlikely to move the stock near term. Val‑d’Or Exploration Update

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.