Eldorado Gold (NYSE:EGO) Posts Earnings Results

Eldorado Gold (NYSE:EGO) (TSE:ELD) issued its quarterly earnings data on Wednesday. The basic materials company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.04), reports. Eldorado Gold had a return on equity of 10.91% and a net margin of 29.83%. The business had revenue of $511.90 million during the quarter, compared to analysts’ expectations of $621.90 million.

Eldorado Gold Trading Down 5.6%

Shares of EGO traded down $1.92 during midday trading on Thursday, hitting $32.55. The stock had a trading volume of 7,442,851 shares, compared to its average volume of 2,947,861. The stock’s 50 day moving average is $40.21 and its 200 day moving average is $36.99. The firm has a market cap of $8.51 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 0.29 and a beta of 0.67. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.31 and a quick ratio of 0.85. Eldorado Gold has a 1 year low of $24.57 and a 1 year high of $51.16.

Eldorado Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $0.0750 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $0.30 annualized dividend and a dividend yield of 0.9%. Eldorado Gold’s dividend payout ratio is currently 10.64%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on EGO shares. Stifel Nicolaus raised shares of Eldorado Gold from a “hold” rating to a “buy” rating in a report on Friday, July 31st. Canadian Imperial Bank of Commerce raised Eldorado Gold from a “neutral” rating to an “outperform” rating in a research note on Sunday, August 9th. Canaccord Genuity Group upgraded Eldorado Gold from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 23rd. Royal Bank Of Canada upped their price objective on Eldorado Gold from $37.00 to $41.00 and gave the company a “sector perform” rating in a research report on Wednesday, September 16th. Finally, Jefferies Financial Group started coverage on Eldorado Gold in a research note on Thursday, August 20th. They issued a “buy” rating and a $50.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.57.

Trending Headlines about Eldorado Gold

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

• Positive Sentiment: Eldorado declared a quarterly dividend of $0.075 per share, payable December 15 to shareholders of record December 1. The dividend equates to $0.30 annually and a yield of approximately 0.9%, providing ongoing shareholder income.
• Positive Sentiment: The company said Skouries and McIlvenna Bay continue advancing toward commercial production, supporting Eldorado’s longer-term growth pipeline. Eldorado Gold Q3 2026 Financial and Operational Results
• Neutral Sentiment: Third-quarter adjusted earnings and revenue increased, but the broader results included earnings per share of $0.49, below the $0.53 analyst consensus, and revenue of $511.9 million versus estimates of $621.9 million. Eldorado Gold Q3 Adjusted Earnings and Revenue
• Negative Sentiment: Production guidance for 2026 was revised lower, with reports indicating the company cut its gold outlook by about 18%. The revision reflects execution setbacks at Skouries and raises concerns about near-term production and cash-flow expectations. Eldorado Drops as Skouries Setbacks Cut Gold Outlook 18%
• Negative Sentiment: Skouries costs reportedly reached approximately $2,050 per ounce, adding pressure to project economics and contributing to the guidance reduction. Eldorado Gold Q3 2026 Earnings

Eldorado Gold Company Profile

Eldorado Gold Corporation is a Canadian mining company focused on the exploration, development and operation of gold properties. The company produces gold and related by-products, including silver, and manages a portfolio of mines and development projects in Türkiye, Greece and Canada.

Eldorado’s operations and projects include the Kisladag and Efemcukuru gold mines in Türkiye, the Olympias polymetallic mine and Skouries copper-gold project in Greece, and the Lamaque gold operation in Quebec, Canada.