Eldorado Gold FY2024 EPS Boosted by National Bank Financial

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – National Bank Financial increased their FY2024 earnings per share estimates for shares of Eldorado Gold in a note issued to investors on Wednesday, January 15th. National Bank Financial analyst M. Parkin now anticipates that the company will earn $2.46 per share for the year, up from their prior estimate of $2.24. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. National Bank Financial also issued estimates for Eldorado Gold’s FY2025 earnings at $2.35 EPS and FY2026 earnings at $3.25 EPS.

Other equities research analysts have also issued research reports about the company. Stifel Nicolaus reduced their target price on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. National Bankshares reduced their price target 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. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$23.61.

Eldorado Gold Price Performance

ELD stock opened at C$20.99 on Monday. Eldorado Gold has a 1 year low of C$13.10 and a 1 year high of C$26.32. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62. The stock’s 50 day moving average price is C$22.27 and its 200 day moving average price is C$22.85. The firm has a market cap of C$4.30 billion, a P/E ratio of 17.49, a PEG ratio of 56.20 and a beta of 1.22.

About Eldorado Gold

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.