RBC raises target for Eldorado Gold stock to USD 41.00

Published on 10/20/2026 at 21:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results are due October 28, 2026. Eldorado Gold stock costs EUR 31.63 on October 20, 2026, down 0.09 percent versus the Xetra close.

RBC target and reporting date

RBC Capital adjusted its target from USD 37.00 to USD 41.00 on October 13, 2026.
Eldorado Gold is scheduled to report third-quarter 2026 results on October 28, 2026.
Eldorado Gold stock costs EUR 31.63 at Lang & Schwarz on October 20, 2026, down 0.09 percent versus the Xetra close of EUR 31.66.

ELD, CA2849025093, Illustration mit AI erstellt.

Eldorado Gold Corporation (CA2849025093) drew a higher RBC Capital target after analyst Josh Wolfson adjusted it from USD 37.00 to USD 41.00 on October 13, 2026, while retaining a Hold rating, Moomoo News reports. The target stands 16.84 percent above the USD 35.09 closing price reported for October 19, 2026. At Lang & Schwarz, the stock was trading at EUR 31.63 on October 20, 2026 at 9:17 p.m. CEST, down 0.09 percent versus the Xetra close of October 19, 2026 at EUR 31.66.

October 28 brings the next test

Eldorado Gold is scheduled to report third-quarter 2026 results on October 28, 2026, after the market closes, with a conference call set for October 29, 2026 at 9:00 a.m. ET, according to MarketBeat. Its consensus calls for USD 666.72 million in revenue and USD 0.5980 in earnings per share, compared with USD 436.44 million and USD 0.41 in the same quarter a year earlier.

Stock sits below its yearly high

The TSX quote was CAD 49.89 on October 20, 2026 at 3:20 p.m. ET, up 0.52 percent on the session. The 52-week range was CAD 34.25 to CAD 69.46, placing the stock 54.46 percent below its high and 45.66 percent above its low. Trading volume reached 274,528 shares, while market capitalization stood at CAD 13.0 billion.

Production supports the valuation

Eldorado's investor materials set 2026 gold production guidance at 490,000 to 590,000 ounces and identify commercial production at Skouries in the fourth quarter of 2026. The company produced 488,268 ounces in 2025, and its 2025 all-in sustaining cost was USD 1,664 per ounce, according to the Eldorado Gold investor overview.

The latest standardized quarterly figures show revenue of USD 487.46 million and net income attributable to common shareholders of USD 172.82 million for the second quarter of 2026. Operating cash flow was USD 149.54 million in that period. The company also held USD 554.56 million in cash and equivalents at June 30, 2026.

What the target means for valuation

RBC's USD 41.00 target offers a measurable counterweight to the approaching earnings date, but the next report will determine whether the expected revenue growth is translating into cash generation. The upcoming comparison is therefore between the USD 666.72 million consensus revenue estimate and the USD 436.44 million prior-year figure, rather than a price move alone.

Price stays near EUR 31.63

Eldorado Gold was trading at EUR 31.63 at Lang & Schwarz on October 20, 2026 at 9:17 p.m. CEST, down 0.09 percent versus the Xetra close of October 19, 2026 at EUR 31.66. The price remained 54.46 percent below the 52-week high of CAD 69.46, a comparison across currencies that is not used for the daily move. The further course of trading is shown by the continuously updated real-time quote of Eldorado Gold stock.