FY2025 Earnings Estimate for Eldorado Gold Issued By Cormark

Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) – Research analysts at Cormark dropped their FY2025 earnings per share (EPS) estimates for shares of Eldorado Gold in a research note issued to investors on Monday, February 10th. Cormark analyst R. Gray now expects that the basic materials company will post earnings of $1.06 per share for the year, down from their prior forecast of $1.87. The consensus estimate for Eldorado Gold’s current full-year earnings is $1.50 per share. Cormark also issued estimates for Eldorado Gold’s Q4 2025 earnings at $0.29 EPS, FY2026 earnings at $1.71 EPS and FY2027 earnings at $3.04 EPS.

Other research analysts have also issued reports about the stock. TD Securities dropped their price objective on shares of Eldorado Gold from $20.00 to $19.00 and set a “hold” rating on the stock in a research note on Monday, November 4th. Scotiabank dropped their target price on Eldorado Gold from $18.50 to $16.50 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Finally, StockNews.com upgraded Eldorado Gold from a “hold” rating to a “buy” rating in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $20.00.

Eldorado Gold Trading Down 0.5 %

Shares of Eldorado Gold stock opened at $14.43 on Wednesday. The stock has a market capitalization of $2.96 billion, a PE ratio of 10.77 and a beta of 0.93. Eldorado Gold has a 52 week low of $9.72 and a 52 week high of $19.06. The stock has a 50 day moving average price of $15.35 and a two-hundred day moving average price of $16.40. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.54 and a current ratio of 3.37.

Hedge Funds Weigh In On Eldorado Gold

Hedge funds and other institutional investors have recently modified their holdings of the business. Jennison Associates LLC increased its position in shares of Eldorado Gold by 65.0% during the third quarter. Jennison Associates LLC now owns 6,032,048 shares of the basic materials company’s stock valued at $104,777,000 after acquiring an additional 2,376,241 shares during the last quarter. ANTIPODES PARTNERS Ltd increased its position in shares of Eldorado Gold by 648.7% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 2,649,986 shares of the basic materials company’s stock valued at $39,408,000 after purchasing an additional 2,296,018 shares during the last quarter. Carrhae Capital LLP increased its position in shares of Eldorado Gold by 13.9% during the 4th quarter. Carrhae Capital LLP now owns 6,040,730 shares of the basic materials company’s stock valued at $89,826,000 after purchasing an additional 738,233 shares during the last quarter. Millennium Management LLC raised its stake in shares of Eldorado Gold by 230.6% during the 2nd quarter. Millennium Management LLC now owns 188,529 shares of the basic materials company’s stock worth $2,788,000 after purchasing an additional 332,913 shares during the period. Finally, Equinox Partners Investment Management LLC boosted its holdings in shares of Eldorado Gold by 32.0% in the 3rd quarter. Equinox Partners Investment Management LLC now owns 989,376 shares of the basic materials company’s stock worth $17,185,000 after buying an additional 239,800 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.