Eldorado Gold (NYSE:EGO) Releases Quarterly Earnings Results

Eldorado Gold (NYSE:EGO) (TSE:ELD) posted its earnings results on Wednesday. The basic materials company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.04), reports. Eldorado Gold had a net margin of 31.67% and a return on equity of 11.21%. The firm had revenue of $511.90 million for the quarter, compared to analysts’ expectations of $621.90 million.

Eldorado Gold Stock Performance

Shares of NYSE:EGO traded down $1.26 during trading on Friday, hitting $31.12. The stock had a trading volume of 931,891 shares, compared to its average volume of 2,951,419. Eldorado Gold has a 12-month low of $24.57 and a 12-month high of $51.16. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of 10.29, a price-to-earnings-growth ratio of 0.35 and a beta of 0.67. The company has a quick ratio of 0.85, a current ratio of 1.31 and a debt-to-equity ratio of 0.22. The stock has a 50-day simple moving average of $40.02 and a two-hundred day simple moving average of $36.96.

Eldorado Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a $0.0750 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.0%. Eldorado Gold’s dividend payout ratio is currently 10.00%.

Key Headlines Impacting Eldorado Gold

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

• Positive Sentiment: Eldorado reported higher third-quarter adjusted earnings and revenue year over year, while maintaining strong profitability with a 31.67% net margin and 11.21% return on equity. Eldorado Gold Q3 Adjusted Earnings, Revenue Rise
• Positive Sentiment: Skouries and McIlvenna Bay are advancing toward commercial production, supporting Eldorado’s longer-term growth strategy despite near-term execution challenges. Eldorado Gold Reports Q3 2026 Results and Updates Guidance
• Positive Sentiment: The board declared a quarterly dividend of $0.075 per share, or $0.30 annualized, providing a dividend yield of approximately 0.9%. The dividend is payable December 15 to shareholders of record December 1.
• Negative Sentiment: Eldorado cut its 2026 gold-production outlook by 18%, primarily because of setbacks at Skouries. The revision raises concerns about project execution, expected production growth and near-term cash-flow generation. Eldorado Drops as Skouries Setbacks Cut Gold Outlook 18%
• Negative Sentiment: Third-quarter adjusted EPS of $0.49 missed the $0.53 consensus estimate, while revenue of $511.9 million was below the $621.9 million analyst forecast. Skouries costs were reported at roughly $2,050 per ounce, adding to investor concerns about profitability and cost control. Eldorado Gold Q3 2026 Earnings Call Transcript

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EGO. Scotiabank decreased their price objective on Eldorado Gold from $55.00 to $47.00 and set a “sector outperform” rating for the company in a report on Tuesday, July 14th. Weiss Ratings cut Eldorado Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Canadian Imperial Bank of Commerce upgraded Eldorado Gold from a “neutral” rating to an “outperform” rating in a research note on Sunday, August 9th. Canaccord Genuity Group raised Eldorado Gold from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 23rd. Finally, Royal Bank Of Canada increased their price target on Eldorado Gold from $37.00 to $41.00 and gave the company a “sector perform” rating in a research note on Wednesday, September 16th. Three equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $46.57.

Eldorado Gold Company Profile

Eldorado Gold Corporation is a Canadian mining company focused on the exploration, development and operation of gold properties. The company produces gold and related by-products, including silver, and manages a portfolio of mines and development projects in Türkiye, Greece and Canada.

Eldorado’s operations and projects include the Kisladag and Efemcukuru gold mines in Türkiye, the Olympias polymetallic mine and Skouries copper-gold project in Greece, and the Lamaque gold operation in Quebec, Canada.