NewEdge Advisors LLC Has $2.02 Million Position in Eldorado Gold Corporation $EGO

Posted by George Bondi on Aug 15th, 2026

NewEdge Advisors LLC lowered its stake in shares of Eldorado Gold Corporation (NYSE:EGO – Free Report) (TSE:ELD) by 25.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,683 shares of the basic materials company’s stock after selling 19,849 shares during the quarter. NewEdge Advisors LLC’s holdings in Eldorado Gold were worth $2,015,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in EGO. Artemis Investment Management LLP bought a new stake in shares of Eldorado Gold during the 4th quarter valued at $3,214,000. U S Global Investors Inc. acquired a new stake in shares of Eldorado Gold during the 4th quarter worth $1,796,000. Jupiter Asset Management Ltd. increased its position in shares of Eldorado Gold by 794.9% in the fourth quarter. Jupiter Asset Management Ltd. now owns 109,342 shares of the basic materials company’s stock worth $3,935,000 after purchasing an additional 97,124 shares during the period. Pictet Asset Management Holding SA increased its position in shares of Eldorado Gold by 255.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 123,176 shares of the basic materials company’s stock worth $4,427,000 after purchasing an additional 88,508 shares during the period. Finally, L1 Global Manager Pty Ltd acquired a new position in Eldorado Gold in the fourth quarter valued at about $1,437,000. Institutional investors own 69.58% of the company’s stock.

Eldorado Gold Stock Up 3.2%

Shares of EGO opened at $39.69 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.85 and a current ratio of 1.31. Eldorado Gold Corporation has a 52 week low of $21.84 and a 52 week high of $51.16. The stock has a market capitalization of $10.37 billion, a price-to-earnings ratio of 14.07, a PEG ratio of 0.28 and a beta of 0.63. The stock has a fifty day moving average of $32.33 and a 200-day moving average of $35.45.

Eldorado Gold (NYSE:EGO – Get Free Report) (TSE:ELD) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. Eldorado Gold had a return on equity of 10.91% and a net margin of 29.83%.The business had revenue of $487.50 million for the quarter, compared to analyst estimates of $529.92 million. As a group, sell-side analysts anticipate that Eldorado Gold Corporation will post 3.2 earnings per share for the current fiscal year.

Eldorado Gold Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 1st. Eldorado Gold’s dividend payout ratio (DPR) is presently 10.64%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on EGO. Zacks Research cut shares of Eldorado Gold from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Bank of America raised their target price on shares of Eldorado Gold from $31.00 to $33.00 and gave the company an “underperform” rating in a report on Thursday, July 9th. Canadian Imperial Bank of Commerce upgraded shares of Eldorado Gold from a “neutral” rating to an “outperform” rating in a research report on Sunday, August 9th. Weiss Ratings downgraded shares of Eldorado Gold from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 11th. Finally, Stifel Nicolaus raised shares of Eldorado Gold from a “hold” rating to a “buy” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $41.83.

Get Our Latest Analysis on EGO

Eldorado Gold Company Profile

(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.