Eldorado Gold Corporation

EGO · NYSE

Market closed$27.95$-0.070000 (-0.25%)After hours $28.08 · +0.47%

Key statistics

Previous close$28.02
Open$27.44
Day high$28.22
Day low$27.09
52-week high$51.16
52-week low$19.70
Market cap5.63B
Volume1.68M
Average volume3.16M
P/E ratio11.50
Forward P/E
EPS2.43
Dividend yield+0.54%

Market context

Why it moved

EGO edged slightly lower as Scotiabank trimmed its FY2027 EPS estimates for Eldorado Gold and broader market sentiment weakened amid a tech-driven selloff and global uncertainty, partially offsetting the stock going ex-dividend today.

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Eldorado Gold closed essentially flat amid a sharp gold price pullback, with spot gold falling over 2% below the $4,000 level — its lowest since early July — on concerns that escalating U.S.-Iran tensions and resilient economic data could delay Fed rate cuts. Adding pressure, Scotiabank trimmed its price target on Eldorado to $47 from $55 (maintaining Outperform) citing gold price model adjustments, while the TSX materials sector dropped 3.4%. On a positive note, BlackRock disclosed an amended 9.1% ownership stake in the company, and a SimplyWallSt analysis highlighted Eldorado's near-term Skouries copper-gold project ramp-up as a key growth catalyst.

-0.2498

July 17, 2026Eldorado Gold tumbled nearly 5% as gold prices slid to a two-week low, with investors growing concerned that escalating U.S.-Iran tensions and rising oil prices could stoke inflation and prompt tighter Fed monetary policy — a headwind for non-yielding assets like gold. The selloff came amid broader analyst pressure, with Scotiabank cutting its price target on EGO to $47 from $55 (maintaining Outperform) and RBC Capital trimming its target to $37, ahead of the company's Q2 2026 results due July 30. The TSX materials sector dropped 3.4% to its lowest level since November, underscoring sector-wide weakness in gold mining stocks.

-4.8234

July 16, 2026Eldorado Gold closed essentially flat amid a confluence of analyst target cuts and a volatile gold price backdrop. Scotiabank trimmed its price target to $47 from $55 (maintaining Outperform), following RBC's recent cut to $37 from $39, as both firms adjusted gold price assumptions after the metal briefly fell below $4,000 on oil-driven inflation fears before rebounding 1.3% following cooler-than-expected June CPI data. Despite the near-term headwinds, VanEck's Precious Metals Portfolio Manager called gold equity valuations still attractive, noting mining stocks are up ~46% year-over-year and generating record cash flow. Investors are now focused on Eldorado's Q2 2026 results due July 30.

-0.1357

July 15, 2026Eldorado Gold edged higher despite a broader gold market selloff, with spot gold falling nearly 3% below $4,000 as Trump's remarks about taking control of the Strait of Hormuz sent oil surging 10%, lifting inflation expectations and pressuring non-yielding assets. Investor attention is focused on the company's upcoming Q2 2026 earnings release on July 30, following RBC Capital's recent price target trim from $39 to $37 and Scotiabank's cut from $55 to $47 (maintaining Sector Outperform), signaling analyst caution ahead of results even as GF Value flags the stock as undervalued.

1.1668

July 14, 2026Eldorado Gold fell nearly 4% as a broad sector selloff in basic materials — the worst-performing sector last week, down 2.46% — weighed on gold miners alongside a softening gold price, which is down 5% year-to-date. Adding pressure, RBC Capital trimmed its price target on Eldorado Gold to $37 from $39 while maintaining a Sector Perform rating, joining a wave of RBC target cuts across gold peers including Newmont, Barrick, and Agnico Eagle. Investors are now looking ahead to the company's Q2 2026 earnings report, scheduled for July 30.

-3.6376

July 10, 2026Eldorado Gold closed nearly 3% higher, rebounding from a steep 7.2% decline the prior session, as gold prices rallied above $4,100 an ounce amid renewed geopolitical tensions following fresh U.S. strikes on Iran. Analyst attention was also in focus, with RBC Capital lowering its price target to $37 (from $39) while maintaining a Sector Perform rating, and B of A Securities raising its target to $33 (from $31) though keeping an Underperform — mixed signals ahead of the company's Q2 2026 results, scheduled for release on July 30.

2.961

July 9, 2026Eldorado Gold tumbled sharply as a broader risk-off selloff swept markets after President Trump declared the U.S.-Iran peace MOU 'over,' sending oil surging over 5% and triggering a global flight from risk assets. Adding to pressure, BofA Securities maintained an Underperform rating on Eldorado while raising its price target modestly to $33, and gold prices fell on rising Middle East tensions — a counterintuitive but typical pattern where gold equities sell off alongside broader markets in acute risk-off episodes. Investors now await Q2 2026 results due July 30.

-7.183

July 8, 2026Eldorado Gold shares declined sharply, falling over 4%, as gold prices consolidated near $4,150/oz following a pullback from recent highs amid a broader softening in gold equities. Investors are now focused on the company's upcoming Q2 2026 earnings release scheduled for July 30 and a conference call on July 31, which could provide key operational updates. The sector-wide pressure reflects gold's steep correction from record highs of $5,500+ earlier in 2026, though CITIC Securities and State Street Global Advisors maintain constructive long-term outlooks, with the latter projecting gold could reach $5,000/oz by early 2027.

-4.1604

GuruFocus · July 17, 2026A Look at Eldorado Gold Corp (EGO) After 4.8% Decline -- GF Value $33.98 vs Price $28.02Stock Titan · July 17, 2026BlackRock discloses 9.1% Eldorado Gold (NYSE: EGO) ownership stakeMoomoo · July 15, 2026Scotiabank Maintains Eldorado Gold(EGO.US) With Buy Rating, Cuts Target Price to $47GuruFocus · July 14, 2026Is Eldorado Gold Corp (EGO) a Bargain After 3.6% Drop? GF Value Says UndervaluedTradingView · July 13, 2026Weekly Recap: Eldorado Gold Q2 results and RBC cuts price target to $37Stock Titan · July 7, 2026Eldorado Gold (NYSE: EGO) schedules Q2 2026 results release and investor callGlobeNewswire · June 23, 2026Eldorado Gold Announces Election of Directors and Results from the 2026 Annual Meeting of ShareholdersGlobeNewswire · April 30, 2026Eldorado Gold Reports Solid First Quarter 2026 Financial
Benzinga · July 14, 2026Scotiabank Maintains Sector Outperform on Eldorado Gold, Lowers Price Target to $47
Benzinga · July 9, 2026RBC Capital Maintains Sector Perform on Eldorado Gold, Lowers Price Target to $37
Benzinga · July 9, 2026B of A Securities Maintains Underperform on Eldorado Gold, Raises Price Target to $33
Mt Newswire · July 9, 2026RBC Capital Cuts Eldorado Gold Price Target to $37 From $39, Maintains Sector Perform Rating
Mt Newswire · July 8, 2026BofA Securities Adjusts Eldorado Gold Price Target to $33 From $31, Maintains Underperform Rating
Benzinga · June 23, 2026Gold Tumbles From Record Highs—But These Gold Miners Are Climbing Into Top Momentum Zones
Mt Newswire · June 18, 2026Amex Exploration Closes Final Tranche of C$80 Million Shares Placement
Mt Newswire · June 8, 2026Eldorado Gold Produces Its First Copper Concentrate at McIlvenna Bay

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