FY2026 EPS Estimates for Eldorado Gold Boosted by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of Eldorado Gold in a research report issued on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $3.94 per share for the year, up from their prior forecast of $3.88. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its quarterly earnings results on Thursday, July 30th. The company reported C$0.77 EPS for the quarter. The business had revenue of C$692.57 million for the quarter. Eldorado Gold had a net margin of 29.89% and a return on equity of 12.38%.

Other equities analysts have also issued research reports about the stock. Stifel Nicolaus raised shares of Eldorado Gold from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. ATB Cormark Capital Markets downgraded shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday, May 4th. Jefferies Financial Group upgraded shares of Eldorado Gold to a “strong-buy” rating in a research report on Thursday, August 20th. Canaccord Genuity Group raised their price objective on Eldorado Gold from C$45.00 to C$55.00 in a research note on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce upgraded Eldorado Gold from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 9th. Four research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Eldorado Gold has an average rating of “Buy” and an average target price of C$62.50.

Eldorado Gold Trading Up 3.5%

Shares of ELD opened at C$66.50 on Monday. The firm has a market cap of C$17.34 billion, a price-to-earnings ratio of 23.67, a PEG ratio of 56.20 and a beta of 1.43. The company has a debt-to-equity ratio of 25.70, a quick ratio of 2.27 and a current ratio of 1.31. Eldorado Gold has a fifty-two week low of C$32.43 and a fifty-two week high of C$69.46. The firm has a 50 day moving average price of C$47.76 and a 200-day moving average price of C$48.88.

Insider Activity at Eldorado Gold

In other news, insider Mehmet Yilmaz sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of C$44.42, for a total value of C$222,100.00. Following the transaction, the insider owned 27,543 shares in the company, valued at approximately C$1,223,460.06. This trade represents a 15.36% decrease in their ownership of the stock. Also, insider Per Niklas Frank sold 9,524 shares of Eldorado Gold stock in a transaction on Thursday, June 25th. The stock was sold at an average price of C$43.02, for a total transaction of C$409,722.48. Following the completion of the transaction, the insider directly owned 16,777 shares in the company, valued at approximately C$721,746.54. The trade was a 36.21% decrease in their ownership of the stock. In the last 90 days, insiders bought 75 shares of company stock worth $3,347 and sold 21,915 shares worth $949,783. 0.58% of the stock is currently 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.