Brokerages Set Eldorado Gold Corporation (NYSE:EGO) PT at $32.80

Eldorado Gold Corporation (NYSE:EGOGet Free Report) (TSE:ELD) has earned an average rating of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $38.20.

A number of equities analysts have weighed in on EGO shares. Scotiabank raised Eldorado Gold from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, January 26th. Bank of America lifted their target price on Eldorado Gold from $28.00 to $29.00 and gave the stock an “underperform” rating in a research note on Monday, December 1st. Weiss Ratings restated a “buy (b)” rating on shares of Eldorado Gold in a research note on Wednesday, January 21st. National Bank Financial reaffirmed an “outperform” rating on shares of Eldorado Gold in a research report on Tuesday, November 4th. Finally, Royal Bank Of Canada lowered shares of Eldorado Gold from an “outperform” rating to a “sector perform” rating and set a $48.00 price objective on the stock. in a research report on Tuesday.

Read Our Latest Research Report on EGO

Key Headlines Impacting Eldorado Gold

Here are the key news stories impacting Eldorado Gold this week:

  • Positive Sentiment: Company provided 2026 guidance and a three‑year outlook targeting ~40% gold production growth and updated Skouries construction status — a clear operational growth story that supports longer‑term upside. Eldorado Gold Provides 2026 Guidance
  • Positive Sentiment: Company reported strong 2025 full‑year and Q4 results with significant free cash flow (excluding Skouries) and increased cash from operations — positive for balance‑sheet strength and funding growth. Eldorado Gold Delivers Strong 2025 Results
  • Positive Sentiment: Quarterly results showed revenue materially above estimates ($575.1M vs. ~$500.4M) and healthy margins, although EPS missed by $0.01 — mixed but tilted positive on cash generation and unit economics. Earnings Release & Call
  • Neutral Sentiment: Unusually large options flow: traders bought ~2,739 call contracts (≈48% above typical volume), indicating elevated speculative/hedging interest—adds volatility and trading volume but not a direct directional signal.
  • Negative Sentiment: Analyst downgrades from CIBC (from Outperform/Sector Outperform to Neutral) weighed on the stock; CIBC still sets a $54 target, but the rating change likely triggered selling pressure. BayStreet.CA The Fly
  • Negative Sentiment: Canaccord downgraded EGO from Buy to Hold, adding further analyst pressure and reducing near‑term investor conviction. Finviz TickerReport

Institutional Investors Weigh In On Eldorado Gold

A number of institutional investors have recently made changes to their positions in the company. Linden Thomas Advisory Services LLC increased its stake in shares of Eldorado Gold by 4.2% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 7,896 shares of the basic materials company’s stock worth $284,000 after purchasing an additional 318 shares during the period. Savant Capital LLC grew its holdings in Eldorado Gold by 2.7% in the 4th quarter. Savant Capital LLC now owns 14,135 shares of the basic materials company’s stock valued at $508,000 after buying an additional 371 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its position in Eldorado Gold by 0.9% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 63,081 shares of the basic materials company’s stock worth $1,794,000 after buying an additional 582 shares during the period. TD Waterhouse Canada Inc. increased its position in Eldorado Gold by 35.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,247 shares of the basic materials company’s stock worth $46,000 after buying an additional 587 shares during the period. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Eldorado Gold by 7.6% during the second quarter. SBI Securities Co. Ltd. now owns 9,693 shares of the basic materials company’s stock worth $197,000 after buying an additional 687 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

Eldorado Gold Stock Performance

Shares of EGO stock opened at $43.00 on Friday. The company has a fifty day moving average price of $40.70 and a two-hundred day moving average price of $31.94. Eldorado Gold has a one year low of $13.29 and a one year high of $51.16. The stock has a market cap of $8.54 billion, a P/E ratio of 17.34, a P/E/G ratio of 0.19 and a beta of 0.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 2.28.

Eldorado Gold (NYSE:EGOGet Free Report) (TSE:ELD) last released its quarterly earnings data on Thursday, February 19th. The basic materials company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.01). Eldorado Gold had a return on equity of 8.75% and a net margin of 27.89%.The firm had revenue of $575.14 million for the quarter, compared to analyst estimates of $500.42 million. As a group, equities analysts predict that Eldorado Gold will post 1.5 EPS for the current year.

Eldorado Gold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, February 27th.

About Eldorado Gold

(Get Free Report)

Eldorado Gold Corporation is a Canada‐based gold producer engaged in the acquisition, exploration, development and operation of mineral properties. The company’s core focus is on gold, silver and select base metals, with an emphasis on advancing projects through feasibility and into production. Eldorado Gold maintains a diversified portfolio of both producing mines and advanced‐stage development projects.

Operationally, Eldorado Gold manages multiple gold mining operations across Turkey, Canada and Greece.

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Analyst Recommendations for Eldorado Gold (NYSE:EGO)

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