Eldorado Gold Corp Financial Update

Eldorado Gold Corporation, a prominent player in the materials sector specializing in the acquisition, exploration, and development of mineral properties, has recently made several significant announcements. The company, which operates gold mines in Brazil, China, Turkey, Greece, and surrounding regions, is listed on the Toronto Stock Exchange and trades in Canadian dollars (CAD).

Renewal of Normal Course Issuer Bid

On July 31, 2025, Eldorado Gold announced the renewal of its Normal Course Issuer Bid (NCIB). The Toronto Stock Exchange has approved the company’s request to repurchase up to 10,159,967 common shares, representing 5% of its outstanding shares. This buyback program is set to run from August 6, 2025, to July 31, 2026, and will be conducted through the Toronto Stock Exchange, New York Stock Exchange, and alternative trading systems.

Quarterly Earnings Outlook

Eldorado Gold is scheduled to present its quarterly financial results for the period ending June 30, 2025, on July 31, 2025. Analysts anticipate a significant increase in earnings per share (EPS), projecting a figure of 0.646 CAD, which represents a 74.59% increase compared to the 0.370 CAD EPS reported in the same quarter of the previous year.

Analyst Ratings and Price Target Adjustments

In a notable development, CIBC has raised its price target for Eldorado Gold from $23 to $32. This adjustment reflects a positive outlook on the company’s performance. Additionally, both National Bank and Bank of America Merrill Lynch have maintained their ‘Outperform’ rating for Eldorado Gold, further endorsing the company’s strong market position.

Company Fundamentals

As of July 29, 2025, Eldorado Gold’s close price stood at 28.33 CAD. The company’s 52-week high was recorded at 29.78 CAD on June 1, 2025, while the 52-week low was 18.94 CAD on February 20, 2025. With a market capitalization of 4.21 billion CAD and a price-to-earnings ratio of 12.478, Eldorado Gold continues to be a significant entity within the metals and mining industry.

These developments highlight Eldorado Gold’s strategic initiatives and positive market sentiment, positioning the company for potential growth in the coming quarters. For more detailed information, stakeholders can visit Eldorado Gold’s official website at www.eldoradogold.com .