Eldorado Gold (TSE:ELD) Stock Rating Lowered by Canaccord Genuity Group

Eldorado Gold (TSE:ELD) (NYSE:EGO) was downgraded by investment analysts at Canaccord Genuity Group from a “strong-buy” rating to a “hold” rating in a report released on Friday,Zacks.com reports.

Several other research firms have also recently issued reports on ELD. Stifel Nicolaus boosted their target price on Eldorado Gold from C$48.00 to C$65.00 in a research report on Tuesday, February 10th. Scotiabank raised Eldorado Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Royal Bank Of Canada lowered Eldorado Gold from a “moderate buy” rating to a “hold” rating and upped their price objective for the stock from C$47.00 to C$48.00 in a report on Tuesday, February 17th. BMO Capital Markets increased their price objective on Eldorado Gold from C$59.00 to C$74.00 in a research report on Thursday, January 22nd. Finally, ATB Cormark Capital Markets reduced their target price on Eldorado Gold from C$100.00 to C$89.00 and set an “outperform” rating for the company in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$58.93.

Eldorado Gold Stock Down 9.7%

Shares of Eldorado Gold stock opened at C$58.84 on Friday. Eldorado Gold has a one year low of C$18.94 and a one year high of C$69.46. The company has a market cap of C$11.83 billion, a P/E ratio of 32.69, a PEG ratio of 56.20 and a beta of 1.44. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37. The firm has a fifty day moving average of C$55.85 and a two-hundred day moving average of C$44.18.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its earnings results on Thursday, February 19th. The company reported C$3.29 earnings per share for the quarter. The business had revenue of C$767.52 million for the quarter. Eldorado Gold had a net margin of 23.32% and a return on equity of 7.60%. On average, analysts forecast that Eldorado Gold will post 2.1505174 earnings per share for the current year.

Key Headlines Impacting Eldorado Gold

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

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.