Eldorado Gold (EGO) Projected to Post Earnings on Thursday

Eldorado Gold (NYSE:EGO) (TSE:ELD) is expected to release its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect Eldorado Gold to post earnings of $0.23 per share and revenue of $319.83 million for the quarter.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last issued its earnings results on Thursday, February 20th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.13. The firm had revenue of $435.70 million for the quarter, compared to the consensus estimate of $440.43 million. Eldorado Gold had a net margin of 21.86% and a return on equity of 8.74%. On average, analysts expect Eldorado Gold to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Eldorado Gold Price Performance

Shares of EGO opened at $19.06 on Thursday. Eldorado Gold has a twelve month low of $13.29 and a twelve month high of $20.65. The company has a market capitalization of $3.92 billion, a P/E ratio of 13.62 and a beta of 0.81. The firm has a 50 day moving average of $16.15 and a 200 day moving average of $16.02. The company has a quick ratio of 2.54, a current ratio of 3.37 and a debt-to-equity ratio of 0.23.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EGO shares. Royal Bank of Canada increased their price objective on Eldorado Gold from $20.00 to $21.00 and gave the company an “outperform” rating in a research report on Friday, April 4th. StockNews.com upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating in a research note on Thursday, April 10th. Scotiabank increased their price target on Eldorado Gold from $16.50 to $19.00 and gave the company a “sector perform” rating in a report on Monday, April 14th. Finally, National Bank Financial raised Eldorado Gold to a “strong-buy” rating in a report on Friday, March 21st. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $20.38.

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.