FY2025 EPS Estimates for Eldorado Gold Reduced by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Scotiabank lowered their FY2025 earnings estimates for Eldorado Gold in a note issued to investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $1.80 per share for the year, down from their prior estimate of $2.26. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Scotiabank also issued estimates for Eldorado Gold’s FY2026 earnings at $1.36 EPS.

ELD has been the topic of several other reports. BMO Capital Markets reduced their price objective on Eldorado Gold from C$29.00 to C$27.00 in a report on Friday, February 7th. National Bankshares upped their price objective on shares of Eldorado Gold from C$25.00 to C$29.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 19th. Cormark cut their target price on shares of Eldorado Gold from C$33.50 to C$30.00 in a research report on Monday, February 10th. Finally, Stifel Nicolaus lowered their price target on shares of Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th.

Eldorado Gold Price Performance

Shares of ELD stock opened at C$22.50 on Monday. The company has a market capitalization of C$3.24 billion, a P/E ratio of 11.71, a P/E/G ratio of 56.20 and a beta of 1.22. The company’s 50-day simple moving average is C$21.15 and its two-hundred day simple moving average is C$22.38. Eldorado Gold has a one year low of C$18.23 and a one year high of C$26.32. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28.

Insider Activity

In other Eldorado Gold news, Senior Officer Mehmet Yilmaz sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of C$22.85, for a total transaction of C$68,550.00. Also, Senior Officer Joseph Dennis Dick sold 9,275 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of C$20.22, for a total transaction of C$187,540.50. In the last quarter, insiders sold 35,924 shares of company stock worth $700,087. Insiders own 0.58% of the company’s stock.

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.