FY2024 EPS Forecast for Eldorado Gold Raised by Analyst

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Analysts at National Bank Financial raised their FY2024 EPS estimates for Eldorado Gold in a research report issued on Wednesday, January 15th. National Bank Financial analyst M. Parkin now expects that the company will post earnings of $2.46 per share for the year, up from their previous forecast of $2.24. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share. National Bank Financial also issued estimates for Eldorado Gold’s FY2025 earnings at $2.35 EPS and FY2026 earnings at $3.25 EPS.

Other analysts have also issued reports about the stock. National Bankshares lowered their price target on shares of Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 15th. Stifel Nicolaus dropped their price target on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$23.61.

Eldorado Gold Stock Performance

TSE:ELD opened at C$21.42 on Monday. 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 company has a market capitalization of C$4.39 billion, a P/E ratio of 17.85, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The firm has a 50-day moving average price of C$22.24 and a two-hundred day moving average price of C$22.85. Eldorado Gold has a twelve month low of C$13.10 and a twelve month high of C$26.32.

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.