Eldorado Gold (EGO) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EGO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EGO, but not buy additional shares or sell existing shares.
View EGO analyst ratings or view top-rated stocks.

6 brokers have issued 1-year target prices for Eldorado Gold's stock. Their EGO share price forecasts range from $8.90 to $17.50. On average, they expect the company's stock price to reach $13.08 in the next year. This suggests a possible upside of 31.9% from the stock's current price.
View analysts price targets for EGO or view top-rated stocks among Wall Street analysts.

Eldorado Gold's stock was trading at $8.36 at the beginning of 2023. Since then, EGO shares have increased by 18.7% and is now trading at $9.92.
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Eldorado Gold saw a decline in short interest in April. As of April 30th, there was short interest totaling 4,470,000 shares, a decline of 8.4% from the April 15th total of 4,880,000 shares. Based on an average daily volume of 1,910,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.5% of the shares of the stock are sold short.
View Eldorado Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our EGO earnings forecast.

Eldorado Gold Co. (NYSE:EGO) issued its quarterly earnings data on Thursday, October, 28th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.04. The basic materials company had revenue of $238.44 million for the quarter. Eldorado Gold had a positive trailing twelve-month return on equity of 1.62% and a negative net margin of 1.10%. During the same period in the previous year, the company posted $0.33 earnings per share.

Dimensional International Small Cap Value ETF holds 520,487 shares of EGO stock, representing 0.61% of its portfolio.

3 employees have rated Eldorado Gold Chief Executive Officer Paul N. Wright on Glassdoor.com. Paul N. Wright has an approval rating of 100% among the company's employees. This puts Paul N. Wright in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Gold investors own include Yamana Gold (AUY), Kinross Gold (KGC), Eldorado Gold (ELD), Barrick Gold (GOLD), First Majestic Silver (AG), AT&T (T), BioDelivery Sciences International (BDSI), Cisco Systems (CSCO), Advanced Micro Devices (AMD) and Newmont (NEM).

Eldorado Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "EGO."

Eldorado Gold's stock is owned by a variety of institutional and retail investors. Top institutional investors include Helikon Investments Ltd (13.78%), Van ECK Associates Corp (11.16%), Donald Smith & CO. Inc. (5.37%), BlackRock Inc. (3.08%), Renaissance Technologies LLC (2.52%) and Arrowstreet Capital Limited Partnership (2.09%).

Shares of EGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EGO stock can currently be purchased for approximately $9.92.

Eldorado Gold (NYSE:EGO) has a market capitalization of $1.83 billion and generates $871.98 million in revenue each year. The basic materials company earns $-353,820,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis.

The company employs 4,751 workers across the globe.

Eldorado Gold's mailing address is 550 BURRARD STREET SUITE 1188 - BENTALL 5, VANCOUVER A1, V6C 2B5. The official website for the company is www.eldoradogold.com. The basic materials company can be reached via phone at (604) 687-4018, via email at nancyw@eldoradogold.com, or via fax at 604-687-4026.