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

Eldorado Gold (EGO) edged slightly lower as Scotiabank reduced its FY2027 EPS estimates for the company, tempering investor sentiment despite the miner's recent strong quarterly earnings beat.

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Eldorado Gold closed essentially flat amid a broader gold market selloff that sent spot gold tumbling over 2% to below $4,000 — its lowest level since early July — as Fed officials signaled caution on rate cuts and Middle East tensions stoked inflation fears. The stock's resilience relative to the sharp gold price drop was notable, supported by a significant filing revealing BlackRock disclosed a 9.1% ownership stake (roughly 23.7 million shares) in the company. Scotiabank maintained its Outperform rating but trimmed its price target to $47 from $55, while analysts highlight the upcoming Skouries copper-gold project ramp-up as a key catalyst for earnings growth.

-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 stakeGuruFocus · July 15, 2026Is Eldorado Gold Corp (EGO) a Bargain After 3.6% Drop? GF Value Says UndervaluedMoomoo · July 15, 2026Scotiabank Maintains Eldorado Gold(EGO.US) With Buy Rating, Cuts Target Price to $47TradingView · 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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