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NYSE:EGO 26 January 2026 - 2 February 2026

Eldorado Gold stock sinks on Foran Mining buyout: what investors watch next

Eldorado Gold stock sinks on Foran Mining buyout: what investors watch next

Eldorado Gold shares fell about 9% Monday after announcing a deal to acquire Foran Mining, expanding its copper portfolio. The stock dropped $4.03 to $38.89 in New York trading. Foran shareholders will receive 0.1128 Eldorado shares plus C$0.01 per share, with the merger expected to close in Q2 pending approvals. Eldorado reports full-year earnings Feb. 19.

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  • Toromont Industries Shares Surpass 200-Day Moving Average Amid Analyst Upgrades
    March 20, 2026, 3:37 AM EDT. Toromont Industries Ltd. (TSE:TIH) stock traded above its 200-day moving average of C$170.27 on Thursday, hitting a high of C$196.50. The company boasts a market cap of C$15.69 billion and a price-to-earnings ratio of 31.74. Notably, five analysts maintain a Buy rating, with the average price target raised to C$198.63. Recent earnings showed a C$1.92 earnings per share (EPS) on C$1.42 billion revenue. Toromont also increased its quarterly dividend to C$0.56 per share, yielding 1.2%. Insider activity included a sale of 972 shares at C$201.60 each. The firm's improving fundamentals and upward analyst revisions highlight growing investor confidence in the stock.
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