Eldorado Gold (EGO) Scheduled to Post Quarterly Earnings on Thursday

Eldorado Gold (NYSE:EGO) (TSE:ELD) will post its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect Eldorado Gold to post earnings of $0.16 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its earnings results on Thursday, February 22nd. The basic materials company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. The company had revenue of $306.90 million during the quarter. Eldorado Gold had a return on equity of 3.56% and a net margin of 10.54%. On average, analysts expect Eldorado Gold to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Eldorado Gold Trading Up 1.0 %

EGO stock opened at $14.45 on Wednesday. The company has a market cap of $2.95 billion, a P/E ratio of 27.26, a PEG ratio of 6.34 and a beta of 1.10. Eldorado Gold has a twelve month low of $8.30 and a twelve month high of $16.01. The company has a quick ratio of 2.53, a current ratio of 3.39 and a debt-to-equity ratio of 0.18. The business has a fifty day moving average of $13.07 and a 200-day moving average of $12.23.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. CIBC boosted their target price on Eldorado Gold from $16.50 to $18.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 7th. Stifel Canada downgraded Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. National Bank Financial restated an “outperform spec overweight” rating on shares of Eldorado Gold in a research report on Monday, April 8th. TD Securities decreased their price objective on Eldorado Gold from $14.50 to $13.00 and set a “hold” rating for the company in a research note on Monday, February 26th. Finally, Stifel Nicolaus reaffirmed a “hold” rating on shares of Eldorado Gold in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Eldorado Gold currently has an average rating of “Hold” and an average target price of $13.30.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.