TT International Asset Management LTD Sells 365,525 Shares of Eldorado Gold Corporation $EGO

Posted by Stanley Muller on Nov 4th, 2026

TT International Asset Management LTD lowered its stake in Eldorado Gold Corporation (NYSE:EGO – Free Report) (TSE:ELD) by 13.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,300,836 shares of the basic materials company’s stock after selling 365,525 shares during the period. Eldorado Gold accounts for 9.9% of TT International Asset Management LTD’s holdings, making the stock its 3rd biggest position. TT International Asset Management LTD’s holdings in Eldorado Gold were worth $88,559,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Eldorado Gold during the second quarter valued at $587,469,000. Van ECK Associates Corp increased its position in shares of Eldorado Gold by 39.0% in the 2nd quarter. Van ECK Associates Corp now owns 18,678,256 shares of the basic materials company’s stock valued at $580,739,000 after acquiring an additional 5,241,277 shares during the period. Donald Smith & CO. Inc. acquired a new position in shares of Eldorado Gold in the 2nd quarter valued at $272,580,000. Dimensional Fund Advisors LP raised its stake in Eldorado Gold by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,113,413 shares of the basic materials company’s stock worth $175,522,000 after acquiring an additional 54,964 shares during the last quarter. Finally, Ninety One UK Ltd raised its stake in Eldorado Gold by 5.1% in the 3rd quarter. Ninety One UK Ltd now owns 3,303,287 shares of the basic materials company’s stock worth $127,246,000 after acquiring an additional 158,798 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on the company. Zacks Research cut Eldorado Gold from a “hold” rating to a “strong sell” rating in a research report on Monday, October 19th. Scotiabank cut their price objective on Eldorado Gold from $55.00 to $47.00 and set a “sector outperform” rating on the stock in a report on Tuesday, July 14th. Royal Bank Of Canada raised their price objective on Eldorado Gold from $37.00 to $41.00 and gave the stock a “sector perform” rating in a research note on Wednesday, September 16th. Bank of America upgraded Eldorado Gold from an “underperform” rating to a “buy” rating and raised their price objective for the stock from $32.00 to $54.00 in a research note on Tuesday, September 22nd. Finally, Jefferies Financial Group started coverage on Eldorado Gold in a report on Thursday, August 20th. They set a “buy” rating and a $50.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Eldorado Gold has an average rating of “Moderate Buy” and an average target price of $46.57.

Read Our Latest Analysis on EGO

Eldorado Gold Stock Down 1.8%

EGO stock opened at $31.67 on Wednesday. The company has a market capitalization of $8.28 billion, a P/E ratio of 10.56, a price-to-earnings-growth ratio of 0.33 and a beta of 0.67. Eldorado Gold Corporation has a 12 month low of $24.60 and a 12 month high of $51.16. The firm’s fifty day simple moving average is $39.21 and its 200-day simple moving average is $36.82. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.42 and a quick ratio of 0.84.

Eldorado Gold (NYSE:EGO – Get Free Report) (TSE:ELD) last issued its earnings results on Wednesday, October 28th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.04). Eldorado Gold had a return on equity of 10.31% and a net margin of 31.67%. The business had revenue of $511.90 million for the quarter, compared to analysts’ expectations of $621.90 million. As a group, equities research analysts forecast that Eldorado Gold Corporation will post 2.71 earnings per share for the current year.

Eldorado Gold Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.0750 per share. This represents a $0.30 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 1st. Eldorado Gold’s dividend payout ratio (DPR) is currently 10.00%.

Eldorado Gold Profile

(Free Report)

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.