Van Eck Associates Reduces $28M in Eldorado Gold Corporation ($EGO)

Key Points

  • Van Eck Associates changed its Eldorado Gold Corporation ($EGO) stake by 6.5% last quarter, cutting to 13,436,979 shares worth $402.71 million.
  • Wall Street's consensus rating on $EGO is Hold and an average price target of $42.80.
  • $EGO last traded around $29.97.

Van Eck Associates trimmed its position in Eldorado Gold Corporation ($EGO) by 6.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,436,979 shares of Eldorado Gold Corporation after selling 934,606 shares during the quarter. Van Eck Associates's holdings in Eldorado Gold Corporation were worth $402.71 million as of its most recent filing.

Eldorado Gold Corporation ($EGO) Stock

Last price$29.97
Market cap$7.99B
P/E ratio10.72
Forward P/E5.36
PEG ratio5.96
Beta1.37
52-week low$19.56
52-week high$51.16
50-day MA$32.58
200-day MA$33.57
Current ratio1.62
Quick ratio1.18
Debt-to-equity0.29

Eldorado Gold Corporation Earnings

EPS (ttm)$2.86
Revenue (ttm)$2.00B
Revenue growth49.9%
Net margin28.6%
Return on equity14.0%
Next earningsJul 30, 2026

Eldorado Gold Corporation Dividend

Annual dividend$0.30
Dividend yield98.00%
Payout ratio2.6%
Ex-dividend dateJun 2, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$42.80
High target$55.00
Low target$31.00
Analysts covering5

About Eldorado Gold Corporation

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece. It primarily produces gold, as well as silver, lead, and zinc. The company 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. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1996 and is headquartered in Vancouver, Canada.

ExchangeNYSE
SectorBasic Materials
IndustryGold
HeadquartersVancouver, BC
CEOMr. George Raymond Burns
Employees8,400

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.