NYSE:EGO

Eldorado Gold Stock Forecast, Price & News

$11.26

-0.73 (-6.09 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$11.24

Now: $11.26▼

$11.91

50-Day Range

$11.80

MA: $12.95▼

$14.23

52-Week Range

$4.60

Now: $11.26▼

$14.49

Volume3.28 million shs

Average Volume2.32 million shs

Market Capitalization$1.97 billion

P/E Ratio10.93

Dividend YieldN/A

Beta1.49

Eldorado Gold Corporation and its subsidiaries engage in the exploration, discovery, acquisition, financing, development, production, sale, and reclamation of mineral products, primarily in Turkey, Canada, Greece, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore. It operates five mines: Kisladag and Efemcukuru located in western Turkey, Lamaque in Canada, and Olympias and Stratoni located in northern Greece. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.

MarketRank^™

Overall MarketRank^™

1.59 out of 5 stars

Basic Materials Sector

95th out of 651 stocks

Gold & Silver Ores Industry

20th out of 54 stocks

2.1 Analyst's Opinion

Consensus Rating
Eldorado Gold has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 4 buy ratings, 3 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.94, Eldorado Gold has a forecasted upside of 23.8% from its current price of $11.26.
Amount of Analyst Coverage
Eldorado Gold has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Eldorado Gold has received 622 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Eldorado Gold has received 616 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Eldorado Gold has received 50.24% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Eldorado Gold and other stocks. Vote “Outperform” if you believe EGO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EGO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Eldorado Gold does not currently pay a dividend.
Dividend Growth
Eldorado Gold does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eldorado Gold insiders have not sold or bought any company stock.
Percentage Held by Institutions
50.73% of the stock of Eldorado Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Eldorado Gold are expected to grow by 1.98% in the coming year, from $1.01 to $1.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eldorado Gold is 10.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eldorado Gold is 10.93, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 24.68.
Price to Earnings Growth Ratio
Eldorado Gold has a PEG Ratio of 2.36. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Eldorado Gold has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Gold & silver ores

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:EGO

Previous Symbol

CUSIPN/A

CIK918608

Webwww.eldoradogold.com

Phone604-687-4018

Employees4,305

Debt

Debt-to-Equity Ratio0.09

Current Ratio1.78

Quick Ratio1.38

Price-To-Earnings

Trailing P/E Ratio10.93

Forward P/E Ratio11.15

P/E Growth2.36

Sales & Book Value

Annual Sales$617.80 million

Price / Sales3.19

Cash Flow$0.91 per share

Price / Cash Flow12.41

Book Value$21.06 per share

Price / Book0.53

Profitability

EPS (Most Recent Fiscal Year)$0.04

Net Income$80.59 million

Net Margins18.40%

Return on Equity3.76%

Return on Assets2.77%

Miscellaneous

Outstanding Shares174,800,000

Market Cap$1.97 billion

Next Earnings Date2/18/2021 (Estimated)

OptionableOptionable

$11.26

-0.73 (-6.09 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Eldorado Gold (NYSE:EGO) Frequently Asked Questions

How has Eldorado Gold's stock been impacted by Coronavirus?

Eldorado Gold's stock was trading at $7.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, EGO shares have increased by 48.9% and is now trading at $11.26.
View which stocks have been most impacted by COVID-19.

Is Eldorado Gold a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last year. There are currently 2 sell ratings, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Eldorado Gold stock. 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 analyst ratings for Eldorado Gold or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Eldorado Gold?

Wall Street analysts have given Eldorado Gold a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Eldorado Gold wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Eldorado Gold's next earnings date?

Eldorado Gold is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Eldorado Gold.

How were Eldorado Gold's earnings last quarter?

Eldorado Gold Co. (NYSE:EGO) posted its earnings results on Thursday, October, 29th. The basic materials company reported $0.33 EPS for the quarter, meeting the Zacks' consensus estimate of $0.33. The basic materials company earned $287.60 million during the quarter. Eldorado Gold had a net margin of 18.40% and a return on equity of 3.76%.
View Eldorado Gold's earnings history.

What price target have analysts set for EGO?

9 Wall Street analysts have issued 1-year price objectives for Eldorado Gold's stock. Their forecasts range from $12.00 to $20.00. On average, they anticipate Eldorado Gold's share price to reach $13.94 in the next year. This suggests a possible upside of 23.8% from the stock's current price.
View analysts' price targets for Eldorado Gold or view Wall Street analyst' top-rated stocks.

Are investors shorting Eldorado Gold?

Eldorado Gold saw a decline in short interest in December. As of December 31st, there was short interest totaling 3,740,000 shares, a decline of 14.4% from the December 15th total of 4,370,000 shares. Based on an average daily volume of 2,410,000 shares, the short-interest ratio is presently 1.6 days. Currently, 2.2% of the shares of the stock are sold short.
View Eldorado Gold's Short Interest.

Who are some of Eldorado Gold's key competitors?

Some companies that are related to Eldorado Gold include Gold Fields (GFI), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), NovaGold Resources (NG), Alamos Gold (AGI), First Majestic Silver (AG), Harmony Gold Mining (HMY), Coeur Mining (CDE), Osisko Gold Royalties (OR), MAG Silver (MAG), IAMGOLD (IAG), Fortuna Silver Mines (FSM), Seabridge Gold (SA) and Sandstorm Gold (SAND).
View all of EGO's competitors.

What other stocks do shareholders of Eldorado Gold own?

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 Co. (ELD.TO) (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).

Who are Eldorado Gold's key executives?

Eldorado Gold's management team includes the following people:

Mr. George Raymond Burns, Pres, CEO & Director (Age 61)
Mr. Philip Chow Yee CA, Exec. VP & CFO
Mr. Timothy Garvin, Exec. VP & Gen. Counsel
Mr. Jason Cho, Exec. VP & Chief Strategy Officer
Mr. Joseph Dennis Dick, Exec. VP & COO
Mr. Simon Oswald Hille, VP of Technical Services
Peter Lekich, Mang. of Investor Relations
Louise Burgess, Director of Communications & Gov. Relations
Ms. Lisa Marie Ower M.S., BSc, Exec. VP of People & External Affairs
Dr. Peter Dubois Lewis P.Geo., VP of Exploration

What is Eldorado Gold's stock symbol?

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

How do I buy shares of Eldorado Gold?

Shares of EGO 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.

What is Eldorado Gold's stock price today?

One share of EGO stock can currently be purchased for approximately $11.26.

How big of a company is Eldorado Gold?

Eldorado Gold has a market capitalization of $1.97 billion and generates $617.80 million in revenue each year. The basic materials company earns $80.59 million in net income (profit) each year or $0.04 on an earnings per share basis. Eldorado Gold employs 4,305 workers across the globe.

What is Eldorado Gold's official website?

The official website for Eldorado Gold is www.eldoradogold.com.

How can I contact Eldorado Gold?

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]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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