Eldorado Gold Stock Price, News & Analysis (NYSE:EGO)

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 4 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.
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8 analysts have issued 12 month price targets for Eldorado Gold's shares. Their EGO share price targets range from $8.90 to $20.00. On average, they anticipate the company's stock price to reach $11.88 in the next twelve months. This suggests that the stock has a possible downside of 12.1%.
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Eldorado Gold's stock was trading at $8.36 on January 1st, 2023. Since then, EGO stock has increased by 61.7% and is now trading at $13.52.
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Eldorado Gold saw a decrease in short interest in November. As of November 15th, there was short interest totaling 3,640,000 shares, a decrease of 31.7% from the October 31st total of 5,330,000 shares. Based on an average daily volume of 1,510,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.8% of the company's shares are sold short.
View Eldorado Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our EGO earnings forecast.

Eldorado Gold Co. (NYSE:EGO) announced its quarterly earnings data on Thursday, October, 26th. The basic materials company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.16. The basic materials company earned $245.26 million during the quarter. Eldorado Gold had a net margin of 5.90% and a trailing twelve-month return on equity of 2.94%.

Dimensional International Small Cap Value ETF holds 522,458 shares of EGO stock, representing 0.41% 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's stock is owned by many different institutional and retail investors. Top institutional shareholders include Helikon Investments Ltd (14.40%), Van ECK Associates Corp (10.49%), Invesco Ltd. (1.37%), Citigroup Inc. (1.04%), Gabelli Funds LLC (0.96%) and Schroder Investment Management Group (0.81%).

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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