NYSE:EGO - Eldorado Gold Stock Price, Forecast & News

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

Eldorado Gold Corp (NYSE:EGO) issued its quarterly earnings results on Thursday, October, 31st. The basic materials company reported $0.05 earnings per share 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 return on equity of 0.56% and a negative net margin of 44.10%. 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 Wall Street analysts have issued twelve-month target prices for Eldorado Gold's stock. Their forecasts range from $6.00 to $16.00. On average, they expect Eldorado Gold's share price to reach $8.88 in the next twelve months. This suggests a possible upside of 21.7% 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 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Eldorado Gold.

News headlines about EGO stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Eldorado Gold earned a news impact score of 2.0 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Eldorado Gold.

Eldorado Gold saw a decrease in short interest in November. As of November 15th, there was short interest totalling 4,520,000 shares, a decrease of 28.4% from the October 31st total of 6,310,000 shares. Based on an average daily trading volume, of 2,960,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 2.9% of the shares of the stock are sold short. View Eldorado Gold's Current Options Chain.

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

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), Barrick Gold (GOLD), Kinross Gold (KGC), First Majestic Silver (AG), Canopy Growth (CGC), Goldcorp (GG), Wheaton Precious Metals (WPM) and Iamgold (IAG).

Eldorado Gold's stock is owned by a number of of retail and institutional investors. Top institutional investors include Donald Smith & CO. Inc. (2.19%), Commerzbank Aktiengesellschaft FI (1.78%), Millennium Management LLC (0.61%), SG Americas Securities LLC (0.18%), Sigma Planning Corp (0.10%) and CIBC Asset Management Inc (0.06%).

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, Great West Life Assurance Co. Can and JS Capital Management LLC.

EGO stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Sigma Planning Corp, Commerzbank Aktiengesellschaft FI, Virtu Financial LLC, ARP Americas LP, State Street Corp, Commonwealth Equity Services LLC and Tower Research Capital LLC TRC.

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 $7.30.

Eldorado Gold has a market capitalization of $1.16 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]