Eldorado Gold Corporation (NYSE:EGO) Receives $41.83 Consensus PT from Analysts

Posted by Brian Himes on Aug 14th, 2026

Shares of Eldorado Gold Corporation (NYSE:EGO – Get Free Report) (TSE:ELD) have received a consensus rating of “Hold” from the fourteen research firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $41.8333.

Several research firms have commented on EGO. Bank of America upped their price objective on Eldorado Gold from $31.00 to $33.00 and gave the company an “underperform” rating in a research note on Thursday, July 9th. ATB Cormark Capital Markets lowered Eldorado Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, May 4th. Weiss Ratings cut Eldorado Gold from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Citigroup downgraded Eldorado Gold to a “sector perform” rating in a report on Monday, May 4th. Finally, Stifel Nicolaus upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating in a research report on Friday, July 31st.

Check Out Our Latest Analysis on Eldorado Gold

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in EGO. Cibc World Market Inc. acquired a new stake in Eldorado Gold in the second quarter valued at about $9,369,000. Sanctuary Advisors LLC acquired a new position in Eldorado Gold during the 2nd quarter worth approximately $249,000. Heartland Advisors Inc. acquired a new position in Eldorado Gold during the 2nd quarter worth approximately $22,060,000. Donald Smith & CO. Inc. purchased a new position in shares of Eldorado Gold during the 2nd quarter worth approximately $272,580,000. Finally, LaSalle St. Investment Advisors LLC purchased a new position in shares of Eldorado Gold during the 2nd quarter worth approximately $454,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Eldorado Gold Trading Down 3.1%

NYSE EGO opened at $38.46 on Friday. The firm’s fifty day moving average is $32.12 and its two-hundred day moving average is $35.42. Eldorado Gold has a one year low of $21.84 and a one year high of $51.16. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.85 and a current ratio of 1.31. The firm has a market cap of $10.05 billion, a PE ratio of 13.64, a P/E/G ratio of 0.29 and a beta of 0.63.

Eldorado Gold (NYSE:EGO – Get Free Report) (TSE:ELD) last announced its earnings results on Thursday, July 30th. The basic materials company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.02. Eldorado Gold had a net margin of 29.83% and a return on equity of 10.91%. The business had revenue of $487.50 million during the quarter, compared to the consensus estimate of $529.92 million. Analysts expect that Eldorado Gold will post 3.2 earnings per share for the current year.

Eldorado Gold Announces Dividend

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

Eldorado Gold Company Profile

(Get 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.