FY2026 EPS Estimates for Eldorado Gold Increased by Analyst

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Equities research analysts at National Bank Financial upped their FY2026 EPS estimates for Eldorado Gold in a research note issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $2.72 per share for the year, up from their prior forecast of $2.36. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.50 per share.

Other equities analysts have also issued research reports about the company. Royal Bank of Canada increased their target price on Eldorado Gold from $20.00 to $21.00 and gave the stock an “outperform” rating in a research note on Friday, April 4th. Scotiabank increased their price target on shares of Eldorado Gold from $16.50 to $19.00 and gave the stock a “sector perform” rating in a research report on Monday, April 14th. National Bankshares restated an “outperform” rating on shares of Eldorado Gold in a report on Wednesday. Finally, StockNews.com upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating in a report on Thursday, April 10th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Eldorado Gold currently has an average rating of “Moderate Buy” and a consensus target price of $20.38.

Eldorado Gold Trading Down 1.9 %

EGO opened at $19.05 on Friday. Eldorado Gold has a 52 week low of $13.29 and a 52 week high of $20.65. The company has a quick ratio of 2.54, a current ratio of 3.37 and a debt-to-equity ratio of 0.23. The business has a fifty day simple moving average of $16.35 and a 200-day simple moving average of $16.05. The firm has a market cap of $3.91 billion, a P/E ratio of 13.61 and a beta of 0.81.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last posted its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.13. The firm had revenue of $435.70 million during the quarter, compared to analysts’ expectations of $440.43 million. Eldorado Gold had a net margin of 21.86% and a return on equity of 8.74%.

Hedge Funds Weigh In On Eldorado Gold

Institutional investors and hedge funds have recently made changes to their positions in the stock. ANTIPODES PARTNERS Ltd lifted its stake in Eldorado Gold by 648.7% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 2,649,986 shares of the basic materials company’s stock worth $39,408,000 after acquiring an additional 2,296,018 shares during the last quarter. Jennison Associates LLC lifted its position in shares of Eldorado Gold by 17.5% during the 4th quarter. Jennison Associates LLC now owns 7,090,185 shares of the basic materials company’s stock worth $105,431,000 after purchasing an additional 1,058,137 shares during the last quarter. Carrhae Capital LLP grew its stake in shares of Eldorado Gold by 13.9% during the fourth quarter. Carrhae Capital LLP now owns 6,040,730 shares of the basic materials company’s stock worth $89,826,000 after purchasing an additional 738,233 shares in the last quarter. Wellington Management Group LLP purchased a new position in Eldorado Gold in the fourth quarter valued at $6,973,000. Finally, BNP Paribas Financial Markets raised its stake in Eldorado Gold by 231.7% in the fourth quarter. BNP Paribas Financial Markets now owns 550,876 shares of the basic materials company’s stock valued at $8,192,000 after buying an additional 384,793 shares in the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

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.