Eldorado Gold (NYSE:EGO) Stock Rating Lowered by Canadian Imperial Bank of Commerce

Eldorado Gold (NYSE:EGO) (TSE:ELD) was downgraded by Canadian Imperial Bank of Commerce from an “outperform” rating to a “neutral” rating in a research note issued on Friday, MarketBeat Ratings reports. They presently have a $54.00 price objective on the basic materials company’s stock. Canadian Imperial Bank of Commerce’s price objective suggests a potential upside of 25.60% from the stock’s current price.

Several other analysts also recently issued reports on EGO. National Bank Financial restated an “outperform” rating on shares of Eldorado Gold in a research report on Tuesday, November 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Eldorado Gold in a research note on Wednesday, January 21st. Canaccord Genuity Group downgraded Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Friday. Scotiabank upgraded Eldorado Gold from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 26th. Finally, Bank of America boosted their target price on shares of Eldorado Gold from $28.00 to $29.00 and gave the company an “underperform” rating in a research note on Monday, December 1st. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $38.20.

Eldorado Gold Stock Down 9.7%

NYSE EGO opened at $43.00 on Friday. The company has a quick ratio of 2.28, a current ratio of 2.79 and a debt-to-equity ratio of 0.31. Eldorado Gold has a 52 week low of $13.29 and a 52 week high of $51.16. The firm has a market capitalization of $8.54 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 0.19 and a beta of 0.51. The company has a fifty day moving average of $40.70 and a two-hundred day moving average of $31.94.

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

Institutional Trading of Eldorado Gold

Several institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new stake in Eldorado Gold in the second quarter worth about $32,000. Headlands Technologies LLC bought a new stake in shares of Eldorado Gold in the 2nd quarter valued at about $32,000. Smartleaf Asset Management LLC purchased a new stake in shares of Eldorado Gold in the 4th quarter worth approximately $33,000. Aventura Private Wealth LLC purchased a new stake in shares of Eldorado Gold in the 4th quarter worth approximately $36,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Eldorado Gold during the fourth quarter valued at approximately $36,000. 69.58% of the stock is currently owned by institutional investors.

More Eldorado Gold News

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

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.