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Eldorado Gold (EGO) Reports $1.68B Q4 Revenue, Stock Down 1.6% Post-Earnings

Earnings Per Share
estimate N/A
Revenue
$1.7B
+31.0% YoY growth
Stock Price
$46.25
-1.60% after hours

Gold miner closes volatile quarter with $1.68 billion in revenue. Eldorado Gold Corporation reported Q4 2025 revenue of $1.68 billion, capping a turbulent fiscal year marked by 31% revenue growth. The stock declined 1.5% in regular trading to $46.31, extending losses from its late-January peak of $51.16 as broader gold sector volatility pressures mid-tier producers.

Shares whipsaw through three-month rally. EGO surged 63% from late November’s $28.38 to late January’s $51.16 before retreating sharply in early February—falling as low as $36.40 on February 2nd during sector-wide deleveraging. The stock now trades 17% above its 50-day moving average of $39.62 but remains vulnerable as traders take profits following the near-doubling since Thanksgiving.

Margins outshine revenue growth. The company’s 39.7% operating margin and 22.1% profit margin substantially exceed sector averages, positioning EGO as one of the more efficiently run mid-cap gold producers. Trailing twelve-month EPS of $1.82 reflects significant operational improvements, though forward estimates point to choppiness—analysts project Q1 2026 loss of $0.41 per share before profitability rebounds. The forward P/E of 9.9x trades at a steep discount to the trailing 25.4x multiple, signaling expectations for accelerating earnings.

New leadership inherits momentum. President Christian Milau, who joined in September 2025, emphasized the company’s “high quality asset base, including operations and projects in attractive mining jurisdictions with long average mine lives” during Q3’s October 31st earnings call. His arrival as part of succession planning brings “a fresh perspective and a strong focus on operational excellence,” according to EVP Simon Hille. Management’s Q3 guidance commentary referenced expectations for commercial production reaching 80% of design throughput with ramp to 100% by year-end.

Valuation gap narrows but room remains. Analysts maintain a “buy” rating with a $48.20 median price target, implying just 4% upside from current levels—a notably compressed spread following the January surge. The stock’s 66% gain over six months has largely closed the valuation discount, though the forward earnings multiple suggests the market hasn’t fully priced in 2026’s expected $4.70 per share in earnings power.

What to Watch: Focus on Q1 2026 earnings (expected April 30th, 2026) for confirmation that the projected $0.41 loss represents temporary operational headwinds rather than structural margin erosion—subsequent quarters must deliver to justify the 9.9x forward multiple.

This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.

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