Canadian Imperial Bank of Commerce Downgrades Eldorado Gold (TSE:ELD) to Hold

Eldorado Gold (TSE:ELDGet Free Report) (NYSE:EGO) was downgraded by Canadian Imperial Bank of Commerce from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

ELD has been the subject of several other research reports. Canaccord Genuity Group downgraded Eldorado Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday. Royal Bank Of Canada lowered Eldorado Gold from a “moderate buy” rating to a “hold” rating and boosted their price target for the stock from C$47.00 to C$48.00 in a research report on Tuesday, February 17th. BMO Capital Markets upped their price target on Eldorado Gold from C$59.00 to C$74.00 in a report on Thursday, January 22nd. ATB Cormark Capital Markets lowered their price objective on shares of Eldorado Gold from C$100.00 to C$89.00 and set an “outperform” rating for the company in a research report on Tuesday, February 3rd. Finally, Scotiabank upgraded shares of Eldorado Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$58.93.

Read Our Latest Research Report on ELD

Eldorado Gold Price Performance

Eldorado Gold stock opened at C$58.84 on Friday. The firm has a fifty day moving average of C$55.85 and a 200-day moving average of C$44.18. Eldorado Gold has a 52-week low of C$18.94 and a 52-week high of C$69.46. 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 firm has a market capitalization of C$11.83 billion, a P/E ratio of 32.69, a PEG ratio of 56.20 and a beta of 1.44.

Eldorado Gold (TSE:ELDGet Free Report) (NYSE:EGO) last announced its quarterly earnings results on Thursday, February 19th. The company reported C$3.29 earnings per share for the quarter. Eldorado Gold had a net margin of 23.32% and a return on equity of 7.60%. The firm had revenue of C$767.52 million during the quarter. As a group, analysts predict that Eldorado Gold will post 2.1505174 EPS for the current year.

Eldorado Gold News Summary

Here are the key news stories impacting Eldorado Gold this week:

  • Positive Sentiment: Eldorado reported stronger-than-expected Q4 and full‑year 2025 results — EPS C$3.29, revenue ~C$767.5M — and production hit the high end of guidance, supporting near-term cash flow and operating momentum. Eldorado Gold Tops Q4 Estimates
  • Positive Sentiment: Company reported significant free cash flow when excluding Skouries and increased cash from operations — an important offset to capex needs and a credit-positive datapoint for investors focused on balance-sheet resilience. Full-year results & cash flow
  • Neutral Sentiment: Management released 2026 guidance and reiterated a target of ~40% production growth by 2027 — this provides a multi‑year growth framework but relies on project ramp-up execution. 2026 guidance & 2027 target
  • Negative Sentiment: Management confirmed a delay at the Skouries project — a key growth asset — which pushes out expected production and cash-flow contribution, increasing execution risk and near-term uncertainty. Skouries delay confirmed
  • Negative Sentiment: Several brokerages (Canaccord, CIBC and RBC) cut ratings from “strong‑buy” to “hold,” reflecting elevated project/timing risk and moderating near‑term analyst enthusiasm; these downgrades likely contributed to the selloff and higher trading volume. Analyst downgrades (Zacks) TickerReport on downgrades RBC cut

Eldorado Gold Company Profile

(Get Free Report)

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.

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