FY2026 EPS Estimates for Eldorado Gold Lifted by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Investment analysts at Scotiabank upped their FY2026 EPS estimates for Eldorado Gold in a research note issued on Tuesday, October 28th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $4.27 for the year, up from their prior forecast of $2.85. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

A number of other equities analysts also recently weighed in on the stock. Bank of America lifted their target price on shares of Eldorado Gold from C$28.50 to C$33.50 in a research note on Friday, August 29th. National Bankshares lifted their target price 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, August 6th. Finally, Canaccord Genuity Group raised shares of Eldorado Gold from a “hold” rating to a “buy” rating and lifted their target price for the stock from C$42.00 to C$54.00 in a research note on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. According to MarketBeat, Eldorado Gold has a consensus rating of “Buy” and an average price target of C$35.75.

Eldorado Gold Price Performance

Shares of TSE ELD opened at C$35.95 on Friday. Eldorado Gold has a twelve month low of C$18.94 and a twelve month high of C$43.41. The firm has a fifty day simple moving average of C$37.68 and a 200 day simple moving average of C$31.50. The company has a market capitalization of C$7.31 billion, a PE ratio of 18.07, a P/E/G ratio of 56.20 and a beta of 1.12. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28.

Insiders Place Their Bets

In other Eldorado Gold news, insider Ryan Swedburg sold 6,153 shares of the firm’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of C$33.43, for a total value of C$205,694.79. Following the completion of the sale, the insider directly owned 2,617 shares in the company, valued at approximately C$87,486.31. This trade represents a 70.16% decrease in their ownership of the stock. Also, insider Christine Tamiko Ohta sold 5,438 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of C$32.56, for a total transaction of C$177,061.28. Following the completion of the sale, the insider owned 6,408 shares of the company’s stock, valued at C$208,644.48. The trade was a 45.91% decrease in their ownership of the stock. Over the last ninety days, insiders sold 20,091 shares of company stock worth $679,773. 0.58% of the stock is currently owned by company insiders.

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.