FY2024 EPS Estimates for Eldorado Gold Lifted by Analyst

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Scotiabank lifted their FY2024 earnings estimates for Eldorado Gold in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $2.06 per share for the year, up from their previous forecast of $1.80. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Separately, Stifel Nicolaus decreased their price target on Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Eldorado Gold has an average rating of “Moderate Buy” and a consensus price target of C$23.61.

Eldorado Gold Stock Up 1.5 %

TSE:ELD opened at C$23.42 on Friday. The stock’s fifty day moving average price is C$22.46 and its two-hundred day moving average price is C$22.79. The company has a market cap of C$4.80 billion, a price-to-earnings ratio of 19.52, a P/E/G ratio of 56.20 and a beta of 1.22. Eldorado Gold has a 52-week low of C$13.10 and a 52-week high of C$26.32. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62.

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.