Cormark Issues Negative Forecast for Eldorado Gold Earnings

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Analysts at Cormark decreased their Q1 2025 earnings estimates for Eldorado Gold in a research note issued on Monday, February 10th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.33 for the quarter, down from their prior forecast of $0.46. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold’s Q3 2025 earnings at $0.41 EPS.

ELD has been the subject of several other research reports. BMO Capital Markets reduced their target price on shares of Eldorado Gold from C$29.00 to C$27.00 in a report on Friday. National Bankshares lowered their target price on Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 15th. Finally, Stifel Nicolaus decreased their price objective on Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th.

Eldorado Gold Trading Up 4.4 %

Shares of Eldorado Gold stock opened at C$20.76 on Tuesday. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28. The business has a fifty day simple moving average of C$22.07 and a two-hundred day simple moving average of C$22.86. Eldorado Gold has a 1 year low of C$13.10 and a 1 year high of C$26.32. The company has a market capitalization of C$4.25 billion, a price-to-earnings ratio of 17.30, a P/E/G ratio of 56.20 and a beta of 1.22.

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.