Cormark Has Weak Forecast for Eldorado Gold FY2027 Earnings

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Research analysts at Cormark decreased their FY2027 earnings per share (EPS) estimates for Eldorado Gold in a research report issued on Wednesday, February 26th. Cormark analyst R. Gray now anticipates that the company will earn $4.33 per share for the year, down from their prior forecast of $4.35. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

ELD has been the topic of a number of other research reports. Stifel Nicolaus reduced their target price on Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th. BMO Capital Markets reduced their target price on Eldorado Gold from C$29.00 to C$27.00 in a report on Friday, February 7th. Finally, National Bankshares reduced their target price on Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a report on Wednesday, January 15th.

Eldorado Gold Trading Up 0.8 %

Shares of ELD stock opened at C$19.91 on Thursday. The stock’s fifty day moving average price is C$21.36 and its two-hundred day moving average price is C$22.61. The company has a market cap of C$2.87 billion, a PE ratio of 10.36, a P/E/G ratio of 56.20 and a beta of 1.22. Eldorado Gold has a fifty-two week low of C$13.90 and a fifty-two week high of C$26.32. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37.

Insider Activity

In other news, Senior Officer Joseph Dennis Dick sold 9,275 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of C$20.22, for a total value of C$187,540.50. 0.58% of the stock is owned by corporate insiders.

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.