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Eldorado Gold Corporation

TSX:ELD Stock Report

Market Cap: CA$5.8b

Eldorado Gold (ELD) Stock Overview

Engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece. More details

ELD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance5/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 89.4% below our estimate of its fair value

Earnings are forecast to grow 26.58% per year

Earnings grew by 178.9% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Significant insider selling over the past 3 months


ELD Community Fair Values

Create Narrative

See what 41 others think this stock is worth. Follow their fair value or set your own to get alerts.

ELD logo
Eldorado Gold
AN
AnalystLowTarget
AnalystLowTarget
Consensus Narrative from 6 Analysts

Skouries Expenditures And Regulatory Challenges Will Erode Margins

Key Takeaways Long-term gold demand faces pressure from rising ESG trends and alternative investments, threatening sustained revenue growth and market competitiveness. Heightened regulatory, environmental, and capital challenges increase costs and operational risks, potentially constraining margins and shareholder returns.
View narrative
CA$26.58
FV
5.2% overvalued intrinsic discount
22.89%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
2 days ago author updated this narrative
ELD logo
Eldorado Gold
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 6 Analysts

Advancements In Skouries And Olympias Will Transform Production And Improve Profitability

Key Takeaways The Skouries project and Olympias plant expansion are anticipated to transform revenue and profitability through new gold and copper sources and increased capacity. Strong liquidity and strategic developments at Lamaque and Kisladag support sustainable growth and operational efficiency, bolstering financial stability.
View narrative
CA$33.71
FV
17.1% undervalued intrinsic discount
21.74%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
25users have followed this narrative
6 days ago author updated this narrative
ELD logo
Eldorado Gold
AN
AnalystHighTarget
AnalystHighTarget
Consensus Narrative from 6 Analysts

Skouries Completion And Renewables Will Unlock Secular Potential

Key Takeaways Early progress at Skouries and cost reductions at other mines point to accelerated growth, improved margins, and potential outperformance of market expectations. Strong capital returns, responsible mining practices, and rising gold demand position Eldorado Gold for greater investor appeal and strategic industry opportunities.
View narrative
CA$40.73
FV
31.4% undervalued intrinsic discount
28.83%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
2 days ago author updated this narrative
View Stock Community

Eldorado Gold Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Eldorado Gold
Historical stock prices
Current Share PriceCA$27.95
52 Week HighCA$29.78
52 Week LowCA$18.94
Beta0.81
1 Month Change-4.15%
3 Month Change0.47%
1 Year Change19.65%
3 Year Change271.68%
5 Year Change75.02%
Change since IPO377.78%

Recent News & Updates

A Piece Of The Puzzle Missing From Eldorado Gold Corporation's (TSE:ELD) Share Price

Jul 10
A Piece Of The Puzzle Missing From Eldorado Gold Corporation's (TSE:ELD) Share Price

Should You Be Adding Eldorado Gold (TSE:ELD) To Your Watchlist Today?

Jun 13
Should You Be Adding Eldorado Gold (TSE:ELD) To Your Watchlist Today?

Recent updates

A Piece Of The Puzzle Missing From Eldorado Gold Corporation's (TSE:ELD) Share Price

Jul 10
A Piece Of The Puzzle Missing From Eldorado Gold Corporation's (TSE:ELD) Share Price

Should You Be Adding Eldorado Gold (TSE:ELD) To Your Watchlist Today?

Jun 13
Should You Be Adding Eldorado Gold (TSE:ELD) To Your Watchlist Today?

It Looks Like Shareholders Would Probably Approve Eldorado Gold Corporation's (TSE:ELD) CEO Compensation Package

May 27
It Looks Like Shareholders Would Probably Approve Eldorado Gold Corporation's (TSE:ELD) CEO Compensation Package

Is Eldorado Gold (TSE:ELD) Using Too Much Debt?

Apr 15
Is Eldorado Gold (TSE:ELD) Using Too Much Debt?

Eldorado Gold Corporation (TSE:ELD) Stock Rockets 27% But Many Are Still Ignoring The Company

Apr 02
Eldorado Gold Corporation (TSE:ELD) Stock Rockets 27% But Many Are Still Ignoring The Company

Returns At Eldorado Gold (TSE:ELD) Are On The Way Up

Mar 20
Returns At Eldorado Gold (TSE:ELD) Are On The Way Up

There May Be Underlying Issues With The Quality Of Eldorado Gold's (TSE:ELD) Earnings

Mar 05
There May Be Underlying Issues With The Quality Of Eldorado Gold's (TSE:ELD) Earnings

Does Eldorado Gold (TSE:ELD) Deserve A Spot On Your Watchlist?

Feb 22
Does Eldorado Gold (TSE:ELD) Deserve A Spot On Your Watchlist?
author-image

Skouries And Olympias Expansions Will Increase Future Gold And Copper Output

Expansion efforts and operational optimizations at Olympias and Kisladag aim to boost production capacity and recovery rates for future revenue growth.

Is Eldorado Gold (TSE:ELD) A Risky Investment?

Jan 03
Is Eldorado Gold (TSE:ELD) A Risky Investment?

Eldorado Gold Corporation's (TSE:ELD) Subdued P/E Might Signal An Opportunity

Dec 17
Eldorado Gold Corporation's (TSE:ELD) Subdued P/E Might Signal An Opportunity

Investors Will Want Eldorado Gold's (TSE:ELD) Growth In ROCE To Persist

Nov 19
Investors Will Want Eldorado Gold's (TSE:ELD) Growth In ROCE To Persist

With EPS Growth And More, Eldorado Gold (TSE:ELD) Makes An Interesting Case

Nov 04
With EPS Growth And More, Eldorado Gold (TSE:ELD) Makes An Interesting Case

We Think Eldorado Gold (TSE:ELD) Can Stay On Top Of Its Debt

Sep 23
We Think Eldorado Gold (TSE:ELD) Can Stay On Top Of Its Debt

Eldorado Gold Corporation (TSE:ELD) Not Flying Under The Radar

Aug 26
Eldorado Gold Corporation (TSE:ELD) Not Flying Under The Radar

Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher

Aug 10
Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher

Eldorado Gold (TSE:ELD) Seems To Use Debt Quite Sensibly

Jun 13
Eldorado Gold (TSE:ELD) Seems To Use Debt Quite Sensibly

Eldorado Gold Corporation (TSE:ELD) Looks Just Right With A 29% Price Jump

Apr 10
Eldorado Gold Corporation (TSE:ELD) Looks Just Right With A 29% Price Jump

Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher

Mar 19
Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher

These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well

Feb 15
These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well

Eldorado Gold Corporation's (TSE:ELD) P/S Still Appears To Be Reasonable

Dec 31
Eldorado Gold Corporation's (TSE:ELD) P/S Still Appears To Be Reasonable

Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue

Nov 18
Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue

We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt

Sep 17
We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt

Returns Are Gaining Momentum At Eldorado Gold (TSE:ELD)

Jul 31
Returns Are Gaining Momentum At Eldorado Gold (TSE:ELD)

Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue

Apr 02
Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue

Eldorado Gold (TSE:ELD) Has A Somewhat Strained Balance Sheet

Mar 15
Eldorado Gold (TSE:ELD) Has A Somewhat Strained Balance Sheet

Returns On Capital Are Showing Encouraging Signs At Eldorado Gold (TSE:ELD)

Nov 24
Returns On Capital Are Showing Encouraging Signs At Eldorado Gold (TSE:ELD)

Shareholder Returns

ELDCA Metals and MiningCA Market
7D2.9%1.7%0.6%
1Y19.6%24.2%15.6%

Return vs Industry: ELD underperformed the Canadian Metals and Mining industry which returned 24.2% over the past year.

Return vs Market: ELD exceeded the Canadian Market which returned 15.6% over the past year.

Price Volatility

Is ELD's price volatile compared to industry and market?
ELD volatility
ELD Average Weekly Movement5.4%
Metals and Mining Industry Average Movement10.8%
Market Average Movement8.8%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.0%

Stable Share Price: ELD has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ELD's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19965,800George Burnswww.eldoradogold.com

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece. 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 Quebec, Canada; Olympias located in northern Greece; and Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece.

Eldorado Gold Corporation Fundamentals Summary

How do Eldorado Gold's earnings and revenue compare to its market cap?
ELD fundamental statistics
Market capCA$5.76b
Earnings (TTM)CA$466.07m
Revenue (TTM)CA$1.95b
12.3x
P/E Ratio
2.9x
P/S Ratio

Is ELD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELD income statement (TTM)
RevenueUS$1.42b
Cost of RevenueUS$602.18m
Gross ProfitUS$817.68m
Other ExpensesUS$478.02m
EarningsUS$339.66m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Jul 31, 2025

Earnings per share (EPS)1.66
Gross Margin57.59%
Net Profit Margin23.92%
Debt/Equity Ratio23.4%

How did ELD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/15 04:55
End of Day Share Price 2025/07/15 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Eldorado Gold Corporation is covered by 35 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Farooq HamedBarclays
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research