FY2025 Earnings Estimate for Eldorado Gold Issued By Cormark

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Cormark upped their FY2025 earnings estimates for Eldorado Gold in a research report issued on Tuesday, August 5th. Cormark analyst R. Gray now expects that the company will post earnings per share of $2.19 for the year, up from their prior estimate of $2.17. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

A number of other brokerages have also recently issued reports on ELD. Stifel Nicolaus lifted their price objective on Eldorado Gold from C$25.00 to C$29.00 in a research note on Monday, April 21st. National Bankshares upped their price target on shares of Eldorado Gold from C$38.00 to C$41.00 and gave the stock an “outperform” rating in a research note on Wednesday.

Eldorado Gold Stock Performance

Shares of ELD opened at C$32.00 on Wednesday. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28. The stock has a market cap of C$4.61 billion, a P/E ratio of 16.66, a P/E/G ratio of 56.20 and a beta of 1.22. The business’s 50 day moving average price is C$28.42 and its 200-day moving average price is C$25.21. Eldorado Gold has a 52 week low of C$18.94 and a 52 week high of C$32.14.

Insiders Place Their Bets

In related news, Senior Officer Graham Magnus Morrison sold 12,207 shares of the stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of C$28.93, for a total transaction of C$353,092.36. Also, Director George Raymond Burns sold 70,592 shares of the business’s stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of C$29.30, for a total value of C$2,068,430.31. Insiders sold a total of 182,964 shares of company stock worth $5,310,299 in the last three months. Corporate insiders own 0.58% of the company’s stock.

About Eldorado Gold

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.