FY2027 Earnings Forecast for Eldorado Gold Issued By Cormark

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Research analysts at Cormark decreased their FY2027 earnings per share 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 estimate of $4.35. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Several other equities analysts have also issued reports on ELD. National Bankshares dropped their price objective 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. BMO Capital Markets decreased their target price on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Finally, Stifel Nicolaus decreased their target price on shares of Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th.

Eldorado Gold Stock Performance

Shares of ELD stock opened at C$20.71 on Thursday. The stock’s 50-day moving average is C$21.43 and its two-hundred day moving average is C$22.65. The firm has a market cap of C$2.99 billion, a price-to-earnings ratio of 10.78, a PEG ratio of 56.20 and a beta of 1.22. Eldorado Gold has a 1 year low of C$13.63 and a 1 year 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.

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.