Q1 2024 Earnings Estimate for Eldorado Gold Co. Issued By National Bank Financial (TSE:ELD)

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at National Bank Financial issued their Q1 2024 EPS estimates for Eldorado Gold in a research note issued to investors on Thursday, April 18th. National Bank Financial analyst M. Parkin anticipates that the company will post earnings of $0.22 per share for the quarter. National Bank Financial has a “Outperform Spec Overweight” rating on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $0.98 per share. National Bank Financial also issued estimates for Eldorado Gold’s FY2025 earnings at $1.49 EPS.

ELD has been the topic of several other research reports. Stifel Nicolaus boosted their target price on shares of Eldorado Gold from C$17.25 to C$19.50 in a research note on Friday. Stifel Canada downgraded shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. Cormark cut their price target on Eldorado Gold from C$26.00 to C$25.00 in a report on Monday, February 26th. Bank of America lifted their price target on Eldorado Gold from C$13.40 to C$16.80 in a report on Tuesday, April 9th. Finally, National Bankshares cut their price target on Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating for the company in a report on Monday, February 26th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Eldorado Gold currently has a consensus rating of “Hold” and an average target price of C$19.11.

Eldorado Gold Stock Up 0.8 %

Shares of TSE:ELD opened at C$20.68 on Monday. Eldorado Gold has a 52 week low of C$11.38 and a 52 week high of C$22.01. The company has a debt-to-equity ratio of 18.60, a quick ratio of 2.28 and a current ratio of 3.39. The company’s fifty day moving average is C$17.58 and its 200-day moving average is C$16.47. The company has a market capitalization of C$4.20 billion, a PE ratio of 28.33, a P/E/G ratio of 56.20 and a beta of 1.13.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its earnings results on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, beating the consensus estimate of C$0.28 by C$0.05. Eldorado Gold had a net margin of 10.37% and a return on equity of 3.15%. The company had revenue of C$417.85 million for the quarter.

Insider Activity

In other news, Director George Raymond Burns sold 13,434 shares of the company’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of C$14.87, for a total value of C$199,806.57. In other news, Director George Raymond Burns sold 13,434 shares of the company’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of C$14.87, for a total value of C$199,806.57. Also, Senior Officer Peter Jonathan Lind sold 9,130 shares of the company’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of C$18.24, for a total value of C$166,531.20. Insiders sold a total of 41,338 shares of company stock valued at $684,168 in the last ninety days. 0.69% of the stock is owned by insiders.

About Eldorado Gold

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.