Eldorado Gold Corporation ($ELD) reported first-quarter 2026 results with total revenue of $532.4 million, up 49.9% year-over-year, and net income attributable to common shareholders of $136.4 million, an 88.4% increase versus the year-ago quarter. Diluted earnings per share rose to $0.68 (up 94.3% YoY).
Cost of sales increased to $242.2 million (up 63.3% YoY), yet the company delivered a strong gross profit and margins — roughly a 54.5% gross margin and approximately a 51.4% operating margin on the quarter.
On the balance sheet, total liabilities rose to $2.38 billion (up 20.9% YoY), reflecting higher investments and operating activity during the quarter. Overall, Eldorado reported materially stronger profitability and free-cash-use tied to elevated capital spending in Q1 2026.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Eldorado Gold Corporation Hedge Fund Activity
We have seen 34 institutional investors add shares of Eldorado Gold Corporation stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF NEW YORK MELLON CORP removed 131,488 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $3,839,449
- KESTRA ADVISORY SERVICES, LLC added 93,813 shares (+13401.9%) to their portfolio in Q1 2026, for an estimated $2,609,877
- BANK OF AMERICA CORP /DE/ added 35,353 shares (+14.3%) to their portfolio in Q4 2025, for an estimated $1,032,307
- PEKIN HARDY STRAUSS, INC. added 29,655 shares (+88.0%) to their portfolio in Q4 2025, for an estimated $865,926
- CLEAR CREEK FINANCIAL MANAGEMENT, LLC added 29,598 shares (+inf%) to their portfolio in Q1 2026, for an estimated $823,416
- ROYAL BANK OF CANADA added 24,874 shares (+591.3%) to their portfolio in Q4 2025, for an estimated $726,320
- TRILOGY CAPITAL INC. added 23,754 shares (+inf%) to their portfolio in Q1 2026, for an estimated $660,836
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
