Eldorado Gold (NYSE:EGO) Shares Down 9.2% Following Weak Earnings

Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD)’s share price traded down 9.2% during mid-day trading on Friday following a weaker than expected earnings announcement. The company traded as low as $42.42 and last traded at $43.2670. 1,099,147 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 2,510,783 shares. The stock had previously closed at $47.63.

The basic materials company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.01). The business had revenue of $575.14 million during the quarter, compared to the consensus estimate of $500.42 million. Eldorado Gold had a return on equity of 8.75% and a net margin of 27.89%.

Eldorado Gold Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.7%.

Trending Headlines about 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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EGO. Scotiabank upgraded shares of Eldorado Gold from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 26th. Canadian Imperial Bank of Commerce downgraded Eldorado Gold from an “outperform” rating to a “neutral” rating and set a $54.00 target price on the stock. in a report on Friday. Bank of America increased their target price on Eldorado Gold from $28.00 to $29.00 and gave the stock an “underperform” rating in a research report on Monday, December 1st. Weiss Ratings restated a “buy (b)” rating on shares of Eldorado Gold in a research report on Wednesday, January 21st. Finally, National Bank Financial reiterated an “outperform” rating on shares of Eldorado Gold in a report on Tuesday, November 4th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $38.20.

Institutional Investors Weigh In On Eldorado Gold

Several hedge funds have recently added to or reduced their stakes in EGO. Van ECK Associates Corp increased its holdings in shares of Eldorado Gold by 33.9% during the third quarter. Van ECK Associates Corp now owns 16,499,858 shares of the basic materials company’s stock valued at $476,679,000 after acquiring an additional 4,173,963 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Eldorado Gold by 228.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,994,328 shares of the basic materials company’s stock valued at $101,649,000 after purchasing an additional 3,472,504 shares in the last quarter. L1 Capital Pty Ltd increased its stake in Eldorado Gold by 35.2% during the 4th quarter. L1 Capital Pty Ltd now owns 9,640,407 shares of the basic materials company’s stock valued at $346,283,000 after purchasing an additional 2,512,168 shares in the last quarter. Mackenzie Financial Corp raised its holdings in Eldorado Gold by 904.1% in the fourth quarter. Mackenzie Financial Corp now owns 1,811,814 shares of the basic materials company’s stock worth $65,322,000 after buying an additional 1,631,373 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Eldorado Gold by 490.6% in the fourth quarter. Millennium Management LLC now owns 1,787,062 shares of the basic materials company’s stock worth $64,193,000 after buying an additional 1,484,503 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Eldorado Gold Trading Down 9.7%

The stock has a market cap of $8.54 billion, a PE ratio of 17.34, a PEG ratio of 0.21 and a beta of 0.51. The company has a quick ratio of 2.28, a current ratio of 2.79 and a debt-to-equity ratio of 0.31. The stock’s fifty day moving average price is $40.70 and its 200 day moving average price is $31.88.

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.