Eldorado Gold - EGO Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EGO shares.
View EGO analyst ratings or view top-rated stocks.

4 analysts have issued twelve-month price targets for Eldorado Gold's shares. Their EGO share price forecasts range from $7.50 to $16.50. On average, they expect the company's share price to reach $12.13 in the next year. This suggests a possible upside of 28.0% from the stock's current price.
View analysts price targets for EGO or view top-rated stocks among Wall Street analysts.

Eldorado Gold's stock was trading at $8.36 at the start of the year. Since then, EGO stock has increased by 13.3% and is now trading at $9.47.
View the best growth stocks for 2023 here.

Eldorado Gold saw a decrease in short interest during the month of December. As of December 30th, there was short interest totaling 4,580,000 shares, a decrease of 6.0% from the December 15th total of 4,870,000 shares. Based on an average daily volume of 1,740,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.5% of the shares of the stock are short sold.
View Eldorado Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our EGO earnings forecast.

Eldorado Gold Co. (NYSE:EGO) posted its quarterly earnings results on Thursday, October, 28th. The basic materials company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.04. The basic materials company had revenue of $238.44 million for the quarter. Eldorado Gold had a positive trailing twelve-month return on equity of 0.36% and a negative net margin of 49.76%. During the same period in the previous year, the company earned $0.33 earnings per share.

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

Eldorado Gold's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.81%), National Bank of Canada FI (0.22%), Pendal Group Ltd (0.18%), Sargent Bickham Lagudis LLC (0.00%) and Optimum Investment Advisors (0.00%).

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.
Compare Top Brokerages Here.

One share of EGO stock can currently be purchased for approximately $9.47.

Eldorado Gold (NYSE:EGO) has a market capitalization of $1.75 billion and generates $940.90 million in revenue each year. The basic materials company earns $-136,020,000.00 in net income (profit) each year or ($2.37) on an earnings per share basis.

The company employs 4,678 workers across the globe.

Eldorado Gold's mailing address is 550 BURRARD STREET SUITE 1188 - BENTALL 5, VANCOUVER A1, V6C 2B5. The official website for the company is www.eldoradogold.com. The basic materials company can be reached via phone at (604) 687-4018, via email at nancyw@eldoradogold.com, or via fax at 604-687-4026.