FY2024 Earnings Estimate for Eldorado Gold Issued By Cormark

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Cormark raised their FY2024 earnings per share (EPS) estimates for Eldorado Gold in a report released on Wednesday, January 29th. Cormark analyst R. Gray now forecasts that the company will post earnings of $2.22 per share for the year, up from their prior forecast of $2.19. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold’s Q4 2024 earnings at $0.86 EPS, Q1 2025 earnings at $0.46 EPS, Q2 2025 earnings at $0.53 EPS, Q3 2025 earnings at $0.56 EPS and Q4 2025 earnings at $1.14 EPS.

Other equities research analysts have also recently issued reports about the company. Stifel Nicolaus cut their price target on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. National Bankshares lowered their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating for the company in a research report on Wednesday, January 15th.

Eldorado Gold Trading Down 0.3 %

Shares of ELD stock opened at C$21.76 on Thursday. The company has a current ratio of 3.62, a quick ratio of 2.28 and a debt-to-equity ratio of 20.85. The stock has a market cap of C$4.46 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The stock has a 50 day simple moving average of C$22.22 and a 200 day simple moving average of C$22.91. Eldorado Gold has a 1 year low of C$13.10 and a 1 year high of C$26.32.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its quarterly earnings data on Thursday, October 31st. The company reported C$0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.46 by C$0.01. Eldorado Gold had a return on equity of 4.99% and a net margin of 15.68%. During the same quarter in the previous year, the firm earned $0.23 earnings per share.

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.