FY2027 EPS Estimates for Eldorado Gold Reduced by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Research analysts at Scotiabank dropped their FY2027 earnings estimates for shares of Eldorado Gold in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $7.14 per share for the year, down from their previous estimate of $7.30. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

A number of other equities analysts have also weighed in on the company. TD reduced their price objective on Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. BMO Capital Markets set a C$82.00 target price on Eldorado Gold and gave the stock an “outperform” rating in a report on Wednesday, April 15th. ATB Cormark Capital Markets cut Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, National Bank Financial boosted their price target on Eldorado Gold from C$63.00 to C$70.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$63.50.

Eldorado Gold Price Performance

TSE:ELD opened at C$39.16 on Friday. Eldorado Gold has a one year low of C$27.02 and a one year high of C$69.46. The company has a debt-to-equity ratio of 28.81, a quick ratio of 2.27 and a current ratio of 1.62. The firm has a market cap of C$10.20 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 56.20 and a beta of 1.41. The firm’s fifty day moving average is C$44.26 and its two-hundred day moving average is C$49.95.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last released its quarterly earnings data on Thursday, April 30th. The company reported C$1.32 EPS for the quarter. Eldorado Gold had a net margin of 28.71% and a return on equity of 13.69%. The business had revenue of C$740.23 million for the quarter.

Insider Buying and Selling at Eldorado Gold

In other Eldorado Gold news, Director George Raymond Burns purchased 21,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average price of C$47.34 per share, for a total transaction of C$994,140.00. Following the purchase, the director directly owned 517,356 shares in the company, valued at approximately C$24,491,633.04. This trade represents a 4.23% increase in their ownership of the stock. Also, Director Daniel Myerson purchased 1,100 shares of Eldorado Gold stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of C$43.71 per share, with a total value of C$48,081.00. Following the acquisition, the director directly owned 3,941 shares in the company, valued at C$172,261.11. This trade represents a 38.72% increase in their position. Over the last 90 days, insiders bought 47,356 shares of company stock worth $2,091,456 and sold 143,588 shares worth $6,212,553. Insiders own 0.58% of the company’s stock.

Eldorado Gold Company Profile

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.