Stock Traders Purchase High Volume of Eldorado Gold Call Options (NYSE:EGO)

Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) saw some unusual options trading on Friday. Traders acquired 2,739 call options on the stock. This is an increase of approximately 48% compared to the average volume of 1,851 call options.

Analyst Upgrades and Downgrades

Several research firms recently commented on EGO. Canadian Imperial Bank of Commerce lowered shares of Eldorado Gold from an “outperform” rating to a “neutral” rating and set a $54.00 price objective on the stock. in a research report on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Eldorado Gold in a report on Wednesday, January 21st. National Bank Financial reissued an “outperform” rating on shares of Eldorado Gold in a research note on Tuesday, November 4th. Scotiabank upgraded Eldorado Gold from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 26th. Finally, Canaccord Genuity Group cut Eldorado Gold from a “buy” rating to a “hold” rating in a report on Friday. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $38.20.

Key Stories Impacting Eldorado Gold

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

• Positive Sentiment: Company provided 2026 guidance and a three‑year outlook targeting ~40% gold production growth and updated Skouries construction status — a clear operational growth story that supports longer‑term upside. Eldorado Gold Provides 2026 Guidance
• Positive Sentiment: Company reported strong 2025 full‑year and Q4 results with significant free cash flow (excluding Skouries) and increased cash from operations — positive for balance‑sheet strength and funding growth. Eldorado Gold Delivers Strong 2025 Results
• Positive Sentiment: Quarterly results showed revenue materially above estimates ($575.1M vs. ~$500.4M) and healthy margins, although EPS missed by $0.01 — mixed but tilted positive on cash generation and unit economics. Earnings Release & Call
• Neutral Sentiment: Unusually large options flow: traders bought ~2,739 call contracts (≈48% above typical volume), indicating elevated speculative/hedging interest—adds volatility and trading volume but not a direct directional signal.
• Negative Sentiment: Analyst downgrades from CIBC (from Outperform/Sector Outperform to Neutral) weighed on the stock; CIBC still sets a $54 target, but the rating change likely triggered selling pressure. BayStreet.CA The Fly
• Negative Sentiment: Canaccord downgraded EGO from Buy to Hold, adding further analyst pressure and reducing near‑term investor conviction. Finviz TickerReport

Institutional Trading of Eldorado Gold

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mackenzie Financial Corp lifted its holdings in shares of Eldorado Gold by 904.1% during the 4th quarter. Mackenzie Financial Corp now owns 1,811,814 shares of the basic materials company’s stock worth $65,322,000 after acquiring an additional 1,631,373 shares during the period. Empowered Funds LLC acquired a new position in Eldorado Gold during the fourth quarter worth approximately $3,499,000. XTX Topco Ltd raised its stake in Eldorado Gold by 17.4% during the fourth quarter. XTX Topco Ltd now owns 12,941 shares of the basic materials company’s stock worth $465,000 after purchasing an additional 1,919 shares during the period. Quadrature Capital Ltd boosted its holdings in shares of Eldorado Gold by 285.1% in the 4th quarter. Quadrature Capital Ltd now owns 150,200 shares of the basic materials company’s stock valued at $5,405,000 after purchasing an additional 111,200 shares during the last quarter. Finally, Orion Resource Partners LP grew its stake in shares of Eldorado Gold by 27.1% during the 4th quarter. Orion Resource Partners LP now owns 110,608 shares of the basic materials company’s stock valued at $3,975,000 after buying an additional 23,570 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Eldorado Gold Stock Performance

Shares of EGO opened at $43.00 on Friday. Eldorado Gold has a 1 year low of $13.29 and a 1 year high of $51.16. The company’s 50 day simple moving average is $40.70 and its 200 day simple moving average is $31.88. The company has a market capitalization of $8.54 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 0.21 and a beta of 0.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.28 and a current ratio of 2.79.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its earnings results on Thursday, February 19th. The basic materials company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.01). The firm had revenue of $575.14 million during the quarter, compared to analysts’ expectations of $500.42 million. Eldorado Gold had a return on equity of 8.75% and a net margin of 27.89%. On average, sell-side analysts predict that Eldorado Gold will post 1.5 EPS for the current year.

Eldorado Gold Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, February 27th.

Eldorado Gold Company Profile

Eldorado Gold Corporation is a Canada‐based gold producer engaged in the acquisition, exploration, development and operation of mineral properties. The company’s core focus is on gold, silver and select base metals, with an emphasis on advancing projects through feasibility and into production. Eldorado Gold maintains a diversified portfolio of both producing mines and advanced‐stage development projects.

Operationally, Eldorado Gold manages multiple gold mining operations across Turkey, Canada and Greece.