Eldorado Gold (NYSE:EGO) Downgraded to “Neutral” Rating by Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce cut shares of Eldorado Gold (NYSE:EGOFree Report) (TSE:ELD) from an outperform rating to a neutral rating in a research report released on Friday morning, MarketBeat reports. They currently have $54.00 target price on the basic materials company’s stock.

EGO has been the topic of several other reports. Royal Bank Of Canada downgraded shares of Eldorado Gold from an “outperform” rating to a “sector perform” rating and set a $48.00 price objective on the stock. in a report on Tuesday. Canaccord Genuity Group lowered shares of Eldorado Gold from a “buy” rating to a “hold” rating in a report on Friday. Bank of America boosted their price objective on Eldorado Gold from $28.00 to $29.00 and gave the company an “underperform” rating in a report on Monday, December 1st. National Bank Financial reaffirmed an “outperform” rating on shares of Eldorado Gold in a report on Tuesday, November 4th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Eldorado Gold in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $38.20.

View Our Latest Report on Eldorado Gold

Eldorado Gold Stock Down 9.7%

Eldorado Gold stock opened at $43.00 on Friday. Eldorado Gold has a fifty-two week low of $13.29 and a fifty-two week high of $51.16. The company has a market cap of $8.54 billion, a PE ratio of 17.34, a PEG ratio of 0.21 and a beta of 0.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.28 and a current ratio of 2.79. The business’s 50-day simple moving average is $40.70 and its two-hundred day simple moving average is $31.88.

Eldorado Gold (NYSE:EGOGet Free Report) (TSE:ELD) last issued its earnings results on Thursday, February 19th. The basic materials company reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.01). Eldorado Gold had a net margin of 27.89% and a return on equity of 8.75%. The firm had revenue of $575.14 million during the quarter, compared to analysts’ expectations of $500.42 million. Equities analysts anticipate that Eldorado Gold will post 1.5 EPS for the current year.

Eldorado Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, February 27th. Eldorado Gold’s dividend payout ratio (DPR) is presently 12.10%.

Institutional Trading of Eldorado Gold

Institutional investors and hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd purchased a new position in Eldorado Gold in the 2nd quarter valued at about $32,000. Headlands Technologies LLC purchased a new position in Eldorado Gold in the 2nd quarter valued at $32,000. Smartleaf Asset Management LLC acquired a new stake in Eldorado Gold during the 4th quarter worth $33,000. Aventura Private Wealth LLC purchased a new stake in shares of Eldorado Gold during the fourth quarter worth $36,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Eldorado Gold during the fourth quarter worth $36,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Trending Headlines about Eldorado Gold

Here are the key news stories impacting Eldorado Gold this week:

  • Positive Sentiment: Company provided 2026 guidance and a three‑year outlook targeting ~40% gold production growth and updated Skouries construction status — a clear operational growth story that supports longer‑term upside. Eldorado Gold Provides 2026 Guidance
  • Positive Sentiment: Company reported strong 2025 full‑year and Q4 results with significant free cash flow (excluding Skouries) and increased cash from operations — positive for balance‑sheet strength and funding growth. Eldorado Gold Delivers Strong 2025 Results
  • Positive Sentiment: Quarterly results showed revenue materially above estimates ($575.1M vs. ~$500.4M) and healthy margins, although EPS missed by $0.01 — mixed but tilted positive on cash generation and unit economics. Earnings Release & Call
  • Neutral Sentiment: Unusually large options flow: traders bought ~2,739 call contracts (≈48% above typical volume), indicating elevated speculative/hedging interest—adds volatility and trading volume but not a direct directional signal.
  • Negative Sentiment: Analyst downgrades from CIBC (from Outperform/Sector Outperform to Neutral) weighed on the stock; CIBC still sets a $54 target, but the rating change likely triggered selling pressure. BayStreet.CA The Fly
  • Negative Sentiment: Canaccord downgraded EGO from Buy to Hold, adding further analyst pressure and reducing near‑term investor conviction. Finviz TickerReport

About Eldorado Gold

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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.

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