FY2024 EPS Estimates for Eldorado Gold Boosted by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Investment analysts at Scotiabank increased their FY2024 earnings per share (EPS) estimates for Eldorado Gold in a report released 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 cut their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Eldorado Gold currently has a consensus rating of “Moderate Buy” and a consensus price target of C$23.61.

Eldorado Gold Trading Up 1.5 %

TSE ELD opened at C$23.42 on Friday. The stock has a market capitalization of C$4.80 billion, a price-to-earnings ratio of 19.52, a PEG 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 stock’s 50 day moving average price is C$22.46 and its two-hundred day moving average price is C$22.79. 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.