Eldorado Gold 2026 Outlook | Profits, Share Price & Analysis

Eldorado Gold

TSX:ELD

C$ 43,51

C$-2,25 (-4,92%)

43,51 C$

C$-2,25 (-4,92%)

Real-time: 04/21/2026 15:59

Eldorado Gold Stock Value

Analysts currently see TSX:ELD at the level of Hold.

Hold

Eldorado Gold Company Info

EPS Growth 5Y

19,14%

Market Cap

C$9,06 B

Long-Term Debt

C$1,68 B

Short Interest

4,62%

Quarterly earnings

04/30/2026

Dividend

C$0,40

Dividend Yield

0,87%

Founded

1996

Industry

Materials

Country

Canada

ISIN Number

CA2849025093

Website

http://www.eldoradogold.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$66,19

44.65%

Last Update: 04/21/2026

Analysts: 6

Highest Price Target C$83,81

Average Price Target C$66,19

Lowest Price Target C$51,92

In the last five quarters, Eldorado Gold’s Price Target has risen from C$10,35 to C$25,23 - a 143,77% increase. One analysts predict that Eldorado Gold’s share price will increase in the coming year, reaching C$66,19. This would represent an increase of 44,65%.

Top growth stocks in the materials sector (5Y.)

What does Eldorado Gold do?

Eldorado Gold Corporation (Eldorado) operates a gold and base metals mining, development, and exploration company. Eldorado’s strategy is to focus on jurisdictions that offer the potential for long-term growth and access to high-quality assets. Fundamental to executing this strategy is the strength of the company’s in-country teams and relationships with affected parties. The company has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece. Eldorado’s...

Eldorado Gold Corporation (Eldorado) operates a gold and base metals mining, development, and exploration company.

Eldorado’s strategy is to focus on jurisdictions that offer the potential for long-term growth and access to high-quality assets. Fundamental to executing this strategy is the strength of the company’s in-country teams and relationships with affected parties. The company has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece.

Eldorado’s focus is on the production of gold and base metals such as silver, lead and zinc. In addition, the company is advancing a copper-gold development project. Its activities involve all facets of the mining industry, including exploration, discovery, acquisition, financing, development, production, reclamation and operation of mining properties. Eldorado Gold is governed by the Canada Business Corporations Act (‘CBCA’).

Mining and Processing

During production, the company’s operations team and site personnel are responsible for mining and extracting ore from its underground mines (Efemçukuru, Olympias and the Lamaque Complex) and the company’s open pit mine (Kisladag), as well as exploring for new Mineral Resources to expand production and mine life. The ore is processed on-site to produce concentrates or dore.

Sales of Mineral Products

The company produces gold dore, as well as gold, silver, lead and zinc contained in concentrates. The company’s in-country marketing teams are responsible for finding downstream smelters and refineries and establishing long-term working relationships and purchase agreements. These agreements outline the terms and conditions of payment for the company’s products, and specify parameters and penalties for the quantity, quality and chemical composition of its dore and concentrate. Gold dore produced at the Lamaque Complex is sold to local refineries in Ontario. Contracts are also in place for the sale of concentrates from Greece and Türkiye. These include gold concentrates from Efemçukuru and Olympias, as well as lead/silver and zinc concentrates from Olympias.

Material Properties

Kisladag

The Kisladag gold mine is an operating open pit mine in commercial production since 2006, with surface facilities consisting of a crushing plant, heap leach pads, and adsorption, desorption, regeneration (‘ADR’) plants, along with ancillary buildings.

The Kisladag Project land position consists of a single operating license, number 85995, with a total area of 17,192 ha. The license was issued on April 9, 2003, renewed on May 10, 2012, and is set to expire on May 10, 2032.

Efemçukuru

The Efemçukuru mine is an operating underground mine in commercial production since 2011. The mine is located near the village of Efemçukuru in the Izmir province in western Türkiye. The Efemçukuru mine land position consists of a single operating license (number 51792) with a total area of 2261.49 ha. The license was issued on April 20, 1999, and renewed on August 19, 2013; it is set to expire on August 19, 2033.

Mining licenses in Türkiye are divided into five groups. The Efemçukuru mine operating license belongs to group 4, which includes gold, silver, and platinum mines. The Efemçukuru operation is an underground mine with facilities consisting of an underground crushing plant, milling and flotation plant, filtration and paste backfill plant, water treatment plant, and ancillary buildings.

Olympias

Olympias is located within the Kassandra Mines complex located on the Halkidiki Peninsula of Northern Greece. The property consists of mining concession numbers F13 and F14, which has a combined area of 47.27 km2. Hellas Gold has been granted mining rights over these concessions until March 6, 2026. Hellas Gold has ownership of a small portion of private land within the concessions. The Investment Agreement became legally effective on March 23, 2021, following ratification by the Hellenic Parliament and publication in the Greek Government Gazette. The Investment Agreement is governed by Greek law. Its initial term continues to 2051 and may be extended by an additional 25 years subject to certain conditions. The Olympias mine is an underground mining operation extracting ore from three main zones: East, West and Flats; the Remnants are a sub-zone of the West Zone. The Olympias plant produces three concentrates: an arsenopyrite / pyrite concentrate containing gold, a lead concentrate that also contains silver and gold, and a zinc concentrate that also contains gold.

Skouries

The property is located within the Kassandra Mines complex, located on the Halkidiki Peninsula of northern Greece. The properties within the complex include the Olympias mine in production, the Stratoni mine on care and maintenance, and the Skouries copper-gold porphyry deposit under development.

The Skouries Project is a copper-gold porphyry deposit to be mined using a combination of conventional open pit and underground mining techniques. The property consists of concession numbers OP03, OP04, OP20, OP38, OP39, OP40, OP48, and OP57, which has a combined area of 55.1 km2. Hellas Gold has been granted mining rights over these concessions until March 6, 2026. The Environmental Impact Study (EIS) for the Kassandra Mines includes an area of 26,400 hectares (ha), in northeastern Halkidiki (Macedonia Region). The Skouries Project covers approximately 250 ha of the Kassandra Mines complex.

Lamaque Complex

The company is referring to specific assets within the Eldorado Quebec portfolio as the Lamaque Complex. The Lamaque Complex (as previously defined), includes the Triangle Mine (Upper and Lower), the Ormaque Deposit, the Parallel Deposit, the Plug No. 4 Deposit, the Sigma mill, the Sigma tailings storage facilities (Sigma TSF), the historic Lamaque tailings storage facilities, surface and underground infrastructure from the historic Sigma mine, and underground infrastructure from the historic Lamaque mine.

The Lamaque Complex is situated near the city of Val-d’Or in the province of Quebec, Canada, approximately 550 km northwest of Montreal. The Lamaque Complex is in the Val-d’Or district of the eastern Abitibi Greenstone Belt within the Superior Province of the Canadian Shield.

In 2025, Lamaque is expected to mine and process approximately 950,000 to 1,000,000 tonnes of ore. The Lamaque Complex includes significant fixed infrastructure in place at the Triangle deposit and the Sigma mill. The Lamaque Complex operations include a diverse fleet of owner operated underground mining equipment including underground haulage trucks ranging from 30-tonne to 45-tonne underground loaders ranging in size from 3.1 to 7.6 m3, development jumbos, production drills, mechanized bolters, and support equipment, such as scissor lifts, personnel carriers, backhoes, boomtrucks, explosive loaders and others. One 50-tonne electric (BEV) Sandvik truck was put into use in 2023 and a second in 2024. In 2025, Lamaque is expected to mine and process approximately 950,000 to 1,000,000 tonnes of ore at an average gold grade of 5.5 to 6.2 grams per tonne.

Non-Material Properties

Perama Hill

Perama Hill and Perama South, located 1.5 km southeast of Perama Hill, are epithermal gold-silver deposits located in the Thrace region of northern Greece.

Sapes Project

The Sapes project is located approximately 2 km east of the village of Sapes in northeastern Greece and is 14 km northeast from the Perama Hill project. Sapes was acquired in 2014 through Eldorado Gold’s acquisition of Glory Resources Ltd.

Stratoni

Stratoni, an underground, silver-lead-zinc mine which includes the underground mine of Mavres Petres and the Stratoni facility, is in the Halkidiki Peninsula in northern Greece. As of December 13, 2021, Mavres Petres mine, which is part of the Stratoni project, was placed under care and maintenance with the workforce being re-distributed to other operations of Hellas Gold. In 2024, exploration drilling was conducted to the east of Mavres Petres at the Stratoni Skarn target. Eldorado plans to evaluate those results and may follow up with drilling on an additional target in 2025.

Certej

The Certej project (the ‘Certej Project’) is in the southern part of the Apuseni Mountains in central Romania, approximately 12 kilometres north-east of the town of Deva.

Bourlamaque

The Bourlamaque property covers approximately 20,000 hectares in Quebec contiguous to the property, where the Lamaque Complex is located. Eldorado advanced desktop data reviews and compilations toward defining future drill targets.

History

The company was incorporated in 1996. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in 1996.

Eldorado Gold Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry revenues:** Mining (100%) **TOP 3 Markets:** 1. **Turkey:** approx. 40% 2. **Canada:** approx. 30% 3. **Greece:** approx. 20% Eldorado Gold Corporation is a company specializing in mining, particularly in the extraction of gold. The majority of revenues come from the mining and sale of...

At which locations are the company’s products manufactured?

**Production sites of Eldorado Gold Corporation:** 1. **Turkey:** Kışladağ and Efemçukuru mines 2. **Greece:** Olympias, Skouries, and Stratoni mines 3. **Canada:** Lamaque Mine 4. **Romania:** Certej Project (in the development phase) Eldorado Gold Corporation is a medium-sized gold and base meta...

What strategy does Eldorado Gold pursue for future growth?

**Revenue Growth:** Estimated 10% (2025, based on historical data and market trends) **Capital Expenditure:** Increased by 20% (2024) Eldorado Gold Corporation pursues a growth strategy focusing on increasing production and optimizing existing mines. The company plans to expand its production capa...

Which raw materials are imported and from which countries?

**Main Imported Raw Materials:** Machinery and equipment, chemicals for gold processing **Countries of Origin:** USA, China, Germany Eldorado Gold Corporation is a Canadian mining company that focuses on the exploration, development, and production of gold. While the company operates mainly in cou...

How strong is the company’s competitive advantage?

**Market share in the gold sector:** 2.5% (2025, estimated) **Gold production:** 500,000 ounces annually (2024) **Cost per ounce:** 900 USD (2024) Eldorado Gold Corporation has a moderate competitive advantage in the gold sector. The company benefits from a diversified geographical presence, es...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 65% (estimated for 2025) **Insider Purchases:** No significant purchases in the last year **Insider Sales:** Moderate, approximately 1.5% of total shares in the last year The institutional investor share in Eldorado Gold Corporation is estimated to be around 65...

What percentage market share does Eldorado Gold have?

**Market Share of Eldorado Gold Corporation:** Estimated 3-5% (2025) **Top Competitors and Their Market Shares:** 1. **Newmont Corporation:** 15-20% 2. **Barrick Gold Corporation:** 12-15% 3. **AngloGold Ashanti Limited:** 8-10% 4. **Gold Fields Limited:** 5-7% 5. **Kinross Gold Corporation:** 4-6%...

Is Eldorado Gold stock currently a good investment?

**Revenue Growth:** 8% (2024) **Profit Growth:** 10% (2024) **Production Increase:** 5% (2024) Eldorado Gold Corporation recorded a revenue growth of 8% in 2024, attributed to increased production and higher gold prices. The company increased its production by 5%, leading to a profit growth of 10%....

Does Eldorado Gold pay a dividend – and how reliable is the payout?

**Dividend payment:** Yes, Eldorado Gold Corporation pays a dividend. **Dividend yield:** 1.5% (estimated for 2025) **Dividend history:** Irregular in recent years. Eldorado Gold Corporation has started paying dividends to its shareholders in recent years, but not every year. The amount and fre...

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Eldorado Gold Stock Value

Eldorado Gold Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Eldorado Gold do?

Eldorado Gold Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Eldorado Gold Stock Value

Eldorado Gold Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Eldorado Gold do?

Eldorado Gold Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.