ATB Capital Has Lowered Expectations for Eldorado Gold (TSE:ELD) Stock Price

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price target cut by research analysts at ATB Capital from C$100.00 to C$89.00 in a report issued on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Capital’s target price suggests a potential upside of 65.30% from the company’s current price.

Several other equities analysts have also commented on ELD. Scotiabank raised shares of Eldorado Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Canaccord Genuity Group raised shares of Eldorado Gold from a “hold” rating to a “buy” rating and raised their target price for the company from C$42.00 to C$54.00 in a research note on Wednesday, October 22nd. Finally, BMO Capital Markets boosted their target price on shares of Eldorado Gold from C$59.00 to C$74.00 in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to data from MarketBeat, Eldorado Gold presently has a consensus rating of “Buy” and a consensus price target of C$51.21.

Eldorado Gold Trading Up 0.7%

Shares of TSE:ELD traded up C$0.37 during midday trading on Tuesday, reaching C$53.84. The company’s stock had a trading volume of 874,679 shares, compared to its average volume of 583,405. The firm has a market cap of C$10.82 billion, a price-to-earnings ratio of 29.91, a price-to-earnings-growth ratio of 56.20 and a beta of 1.38. The business has a 50 day moving average price of C$51.57 and a 200 day moving average price of C$41.25. Eldorado Gold has a 1 year low of C$18.94 and a 1 year high of C$69.46. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its quarterly earnings results on Thursday, October 30th. The company reported C$0.27 earnings per share (EPS) for the quarter. Eldorado Gold had a return on equity of 7.60% and a net margin of 23.32%.The firm had revenue of C$605.32 million for the quarter. Research analysts forecast that Eldorado Gold will post 2.1505174 EPS for the current year.

Insider Buying and Selling

In other Eldorado Gold news, insider Christian Milau purchased 2,700 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were bought at an average price of C$36.99 per share, with a total value of C$99,873.00. Following the completion of the acquisition, the insider owned 11,290 shares in the company, valued at approximately C$417,617.10. This represents a 31.43% increase in their position. Company insiders own 0.58% of the company’s stock.

More Eldorado Gold News

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

• Positive Sentiment: Eldorado agreed to acquire Foran Mining in a transaction reported between roughly $2.8B–$3.8B, adding sizeable copper-gold assets and moving Eldorado from a pure-play gold producer toward a gold-copper growth profile — a strategic diversification that could support longer‑term revenue and leverage to copper prices. Eldorado Gold to acquire Foran Mining in $2.78bn deal
• Positive Sentiment: Analysts and coverage note the deal “recasts valuation” by increasing Eldorado’s copper exposure — which can be positive if copper markets remain strong and Eldorado can realize synergies at Foran’s Saskatchewan deposits. Eldorado Gold Foran Deal Recasts Valuation And Shifts Toward Copper Growth
• Neutral Sentiment: Media reports vary on the headline price (some report ~$2.8B, others ~$3.8B), creating short-term uncertainty about the deal economics and currency/consideration details — investors will await the formal transaction terms and financing plan. Eldorado Gold to buy Foran Mining in $2.8bn deal, to deepen copper exposure
• Neutral Sentiment: Local/regional reporting highlights that Foran’s Saskatchewan assets (including McIlvenna Bay) were among early major projects of note and could bring provincial support or tax/credit considerations — potential permitting/tax benefits are positive but timing is uncertain. Canadian miner Eldorado buys one of Carney’s first major projects picks
• Negative Sentiment: Market reaction has been negative: shares of both Eldorado and Foran fell after the announcement as investors digested deal size, integration risk and potential dilution/financing needs. Short-term sentiment appears risk‑off. Eldorado Gold and Foran Mining shares tumble after announcing $3.8-billion acquisition
• Negative Sentiment: Scotiabank reduced FY2025 EPS estimates for Eldorado following the deal, signaling analyst concerns about near-term earnings dilution and that financial forecasts will need updating — a catalyst for further downside until clarity on financing and accretion emerges. FY2025 EPS Estimates for Eldorado Gold Reduced by Scotiabank

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.