Eldorado Gold (EGO) Expected to Announce Quarterly Earnings on Thursday

Eldorado Gold (NYSE:EGO) (TSE:ELD) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.46 per share and revenue of $401.85 million for the quarter.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last issued its quarterly earnings results on Thursday, May 1st. The basic materials company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.04). Eldorado Gold had a return on equity of 8.41% and a net margin of 23.10%. The business had revenue of $341.59 million for the quarter, compared to the consensus estimate of $319.83 million. 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 Trading Up 2.8%

Shares of NYSE:EGO opened at $21.00 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.12 and a quick ratio of 2.53. The company’s 50-day moving average price is $20.56 and its two-hundred day moving average price is $17.81. The stock has a market capitalization of $4.28 billion, a PE ratio of 13.20, a price-to-earnings-growth ratio of 0.34 and a beta of 0.46. Eldorado Gold has a one year low of $13.29 and a one year high of $21.79.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Eldorado Gold stock. Goldman Sachs Group Inc. grew its holdings in shares of Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) by 50.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 798,205 shares of the basic materials company’s stock after purchasing an additional 266,048 shares during the period. Goldman Sachs Group Inc. owned about 0.39% of Eldorado Gold worth $13,426,000 at the end of the most recent quarter. 69.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on EGO shares. CIBC reaffirmed an “outperform” rating on shares of Eldorado Gold in a report on Tuesday, July 15th. Scotiabank upped their target price on shares of Eldorado Gold from $16.50 to $19.00 and gave the company a “sector perform” rating in a report on Monday, April 14th. National Bankshares reaffirmed an “outperform” rating on shares of Eldorado Gold in a report on Wednesday, July 16th. Canaccord Genuity Group dropped their target price on shares of Eldorado Gold from $29.00 to $27.00 and set a “hold” rating on the stock in a report on Monday, May 5th. Finally, Royal Bank Of Canada upped their target price on shares of Eldorado Gold from $20.00 to $21.00 and gave the company an “outperform” rating in a report on Friday, April 4th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Eldorado Gold has an average rating of “Moderate Buy” and a consensus target price of $23.60.

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.