Eldorado Gold (EGO) Set to Announce Quarterly Earnings on Thursday

Eldorado Gold (NYSE:EGO) (TSE:ELD) will be announcing its earnings results after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last issued its earnings results on Thursday, February 22nd. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.03. Eldorado Gold had a net margin of 10.54% and a return on equity of 3.56%. The firm had revenue of $306.90 million for the quarter. On average, analysts expect Eldorado Gold to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Eldorado Gold Stock Down 4.9 %

Shares of Eldorado Gold stock opened at $14.31 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.53 and a current ratio of 3.39. Eldorado Gold has a 52-week low of $8.30 and a 52-week high of $16.01. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 27.00, a P/E/G ratio of 6.34 and a beta of 1.10. The company’s 50 day moving average price is $13.00 and its 200-day moving average price is $12.20.

Analysts Set New Price Targets

EGO has been the topic of several recent analyst reports. Stifel Nicolaus restated a “hold” rating on shares of Eldorado Gold in a report on Friday, January 26th. TD Securities cut their price target on shares of Eldorado Gold from $14.50 to $13.00 and set a “hold” rating on the stock in a report on Monday, February 26th. CIBC lifted their price target on shares of Eldorado Gold from $16.50 to $18.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. National Bank Financial reiterated an “outperform spec overweight” rating on shares of Eldorado Gold in a report on Monday, April 8th. Finally, Stifel Canada cut shares of Eldorado Gold from a “buy” rating to a “hold” rating in a report on Friday, January 26th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $13.30.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.