FY2026 EPS Estimates for Eldorado Gold Lowered by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Investment analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Eldorado Gold in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $3.88 per share for the year, down from their previous forecast of $4.10. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Several other equities analysts also recently commented on ELD. National Bank Financial upped their price objective on Eldorado Gold from C$63.00 to C$70.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. BMO Capital Markets set a C$82.00 target price on Eldorado Gold and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. TD lowered their target price on shares of Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Finally, ATB Cormark Capital Markets cut shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$63.50.

Eldorado Gold Price Performance

Shares of ELD stock opened at C$42.96 on Monday. The stock has a 50 day moving average price of C$43.98 and a 200 day moving average price of C$49.84. Eldorado Gold has a 52-week low of C$27.53 and a 52-week high of C$69.46. The company has a debt-to-equity ratio of 28.81, a quick ratio of 2.27 and a current ratio of 1.62. The firm has a market capitalization of C$11.19 billion, a P/E ratio of 15.34, a P/E/G ratio of 56.20 and a beta of 1.41.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last released its earnings results on Thursday, April 30th. The company reported C$1.32 EPS for the quarter. Eldorado Gold had a return on equity of 13.69% and a net margin of 28.71%.The firm had revenue of C$740.23 million for the quarter.

Insider Buying and Selling

In other Eldorado Gold news, insider Sylvain Lehoux sold 10,247 shares of Eldorado Gold stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of C$43.17, for a total transaction of C$442,362.99. Following the completion of the sale, the insider directly owned 2,146 shares of the company’s stock, valued at C$92,642.82. The trade was a 82.68% decrease in their position. Also, Director George Raymond Burns sold 61,327 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of C$43.17, for a total value of C$2,647,486.59. Following the completion of the sale, the director owned 502,605 shares of the company’s stock, valued at C$21,697,457.85. This represents a 10.87% decrease in their ownership of the stock. Over the last 90 days, insiders have purchased 47,356 shares of company stock valued at $2,091,456 and have sold 143,588 shares valued at $6,212,553. 0.58% of the stock is owned by company insiders.

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.