<div id="readability-page-1"><ul><li>3 High-Momentum Gold Stocks Surging on the Metals Rally</li></ul><p>Eldorado Gold Corporation (NYSE:EGO - Free Report) <span>TSE: ELD<span></span></span> - Equities research analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for Eldorado Gold in a research note issued to investors on Tuesday, October 28th. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will earn $3.06 per share for the year, up from their previous forecast of $2.06. Scotiabank currently has a &#34;Sector Perform&#34; rating and a $33.00 target price on the stock. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share.</p><p>Several other brokerages have also recently commented on EGO. Bank of America upped their target price on Eldorado Gold from $25.00 to $28.00 and gave the company an &#34;underperform&#34; rating in a report on Thursday, October 16th. National Bankshares  restated an &#34;outperform&#34; rating on shares of Eldorado Gold in a research report on Wednesday, July 16th. Weiss Ratings  reiterated a &#34;buy (b)&#34; rating on shares of Eldorado Gold in a research report on Wednesday, October 8th. Wall Street Zen downgraded shares of Eldorado Gold from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, October 11th. Finally, CIBC boosted their target price on shares of Eldorado Gold from $32.00 to $46.00 and gave the company an &#34;outperformer&#34; rating in a report on Friday, October 10th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued  a Buy rating, two have issued  a Hold rating and one  has issued  a Sell rating to the stock. According to MarketBeat, Eldorado Gold presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $29.00.</p><div><p><span></span><span>Get <strong>Eldorado Gold</strong> alerts:</span></p></div><ul><li>Which of these Gold Mining Stocks is Glittering After Earnings?</li></ul><p><b>Get Our Latest Stock Report on Eldorado Gold</b></p><h2>Eldorado Gold Trading Up 1.7%</h2><p>NYSE EGO opened at $25.51 on Friday. The firm has a market capitalization of $5.19 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 0.29 and a beta of 0.44. The business's 50-day moving average price is $27.07 and its two-hundred day moving average price is $22.74. The company has a current ratio of 3.23, a quick ratio of 2.65 and a debt-to-equity ratio of 0.28. Eldorado Gold has a 12 month low of $13.29 and a 12 month high of $30.89. </p><p>Eldorado Gold (NYSE:EGO - Get Free Report) <span>TSE: ELD<span></span></span> last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.07). The company had revenue of $459.53 million during the quarter, compared to analyst estimates of $401.85 million. Eldorado Gold had a net margin of 26.07% and a return on equity of 8.79%. </p><h2>Hedge Funds Weigh In On Eldorado Gold</h2><p>Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new stake in  Eldorado Gold during the 2nd quarter valued at $32,000.  Headlands Technologies LLC bought a new stake in shares of  Eldorado Gold during the second quarter worth about $32,000.  TD Waterhouse Canada Inc. increased its position in shares of  Eldorado Gold by 35.4% during the second quarter. TD Waterhouse Canada Inc. now owns 2,247 shares of the basic materials company's stock worth $46,000 after acquiring an additional 587 shares in the last quarter.  State of Wyoming acquired a new stake in shares of  Eldorado Gold in the 2nd quarter worth about $58,000.  Finally, Employees Retirement System of Texas bought a new position in  Eldorado Gold in the 2nd quarter valued at about $83,000. 69.58% of the stock is owned by institutional investors and hedge funds. </p><h2>Eldorado Gold Company Profile</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Eldorado Gold</li><li>Why is the Ex-Dividend Date Significant to Investors?</li><li>Cameco's $80 Billion U.S. Nuclear Deal Changes Everything </li><li>Golden Cross Stocks: Pattern, Examples and Charts </li><li>NU Stock: U.S. Bank License May Be the Next Growth Catalyst</li><li>How to Invest in the FAANG Stocks</li><li>5 Stocks to Stuff Your Portfolio This November</li></ul> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVHTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVHTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Eldorado Gold Right Now?</h2><p>Before you consider Eldorado Gold, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eldorado Gold wasn't on the list.</p><p>While Eldorado Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Scotiabank has raised its FY2026 earnings per share (EPS) estimate for Eldorado Gold Corporation from $2.06 to $3.06, maintaining a "Sector Perform" rating with a target price of $33.00. The consensus estimate for the company's current full-year earnings is $1.50 per share. Other brokerages have also adjusted their ratings and target prices for Eldorado Gold, reflecting a generally positive outlook. The stock is currently trading at $25.51, with a market capitalization of $5.19 billion and a consensus rating of "Moderate Buy."</p>

FY2026 EPS Estimates for Eldorado Gold Lifted by Scotiabank