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) posted 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 brokerages have issued 12-month price objectives for Eldorado Gold's shares. Their forecasts range from $6.00 to $16.00. On average, they expect Eldorado Gold's stock price to reach $8.88 in the next year. This suggests a possible upside of 23.9% 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.

Media coverage about EGO stock has trended very negative on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eldorado Gold earned a coverage optimism score of -3.9 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Eldorado Gold.

Eldorado Gold saw a drop in short interest in November. As of November 15th, there was short interest totalling 4,520,000 shares, a drop of 28.4% from the October 31st total of 6,310,000 shares. Based on an average daily volume of 2,960,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.9% of the shares of the company 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 shareholders 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 $7.17.

Eldorado Gold has a market capitalization of $1.14 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]