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

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

Eldorado Gold Corp (NYSE:EGO) announced its quarterly earnings results on Thursday, October, 31st. The basic materials company reported $0.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.03. The basic materials company earned $172.26 million during the quarter. Eldorado Gold had a negative net margin of 44.10% and a negative return on equity of 0.56%. View Eldorado Gold's Earnings History.

Eldorado Gold is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Eldorado Gold.

9 analysts have issued 1 year price objectives for Eldorado Gold's stock. Their forecasts range from $6.00 to $16.00. On average, they anticipate Eldorado Gold's share price to reach $9.36 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Price Targets for Eldorado Gold.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Eldorado Gold.

Headlines about EGO stock have trended extremely negative recently, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eldorado Gold earned a coverage optimism score of -4.6 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Eldorado Gold.

Eldorado Gold saw a decline in short interest in October. As of October 31st, there was short interest totalling 4,520,000 shares, a decline of 28.4% from the September 30th total of 6,310,000 shares. Based on an average trading volume of 2,960,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 2.9% of the company's stock are short sold. View Eldorado Gold's Current Options Chain.

Some companies that are related to Eldorado Gold include Gold Fields (GFI), Sibanye Gold (SBGL), Pan American Silver (PAAS), Yamana Gold (AUY), First Majestic Silver (AG), Alamos Gold (AGI), Harmony Gold Mining (HMY), Iamgold (IAG), Coeur Mining (CDE), Osisko gold royalties (OR), Seabridge Gold (SA), McEwen Mining (MUX), Fortuna Silver Mines (FSM), Endeavour Silver (EXK) and DRDGOLD (DRD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Gold investors own include Eldorado Gold (ELD), BioDelivery Sciences International (BDSI), Yamana Gold (AUY), Kinross Gold (KGC), Barrick Gold (GOLD), Canopy Growth (CGC), First Majestic Silver (AG), Goldcorp (GG), Wheaton Precious Metals (WPM) and Iamgold (IAG).

Eldorado Gold's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Donald Smith & CO. Inc. (2.19%), Commerzbank Aktiengesellschaft FI (1.78%), SG Americas Securities LLC (0.18%), Sigma Planning Corp (0.10%), CIBC Asset Management Inc (0.06%) and ARP Americas LP (0.03%).

EGO stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., SG Americas Securities LLC, CIBC Asset Management Inc and Great West Life Assurance Co. Can.

EGO stock was bought by a variety of institutional investors in the last quarter, including Sigma Planning Corp, Commerzbank Aktiengesellschaft FI, ARP Americas LP, Commonwealth Equity Services LLC, Tower Research Capital LLC TRC , Valeo Financial Advisors LLC and Zurcher Kantonalbank Zurich Cantonalbank.

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

One share of EGO stock can currently be purchased for approximately $7.77.

Eldorado Gold has a market capitalization of $1.23 billion and generates $459 million in revenue each year. The basic materials company earns $-361,880,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. Eldorado Gold employs 2,756 workers across the globe.View Additional Information About Eldorado Gold.

The official website for Eldorado Gold is http://www.eldoradogold.com/.

Eldorado Gold's mailing address is 550 BURRARD STREET SUITE 1188 - BENTALL 5, VANCOUVER A1, V6C 2B5. The basic materials company can be reached via phone at 604-687-4018 or via email at [email protected]