NYSE:EGOEldorado Gold Stock Price, Forecast & News

Eldorado Gold's stock was trading at $7.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EGO stock has increased by 27.2% and is now trading at $9.62. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Eldorado Gold.

Eldorado Gold is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Eldorado Gold.

Eldorado Gold Corp (NYSE:EGO) announced its earnings results on Thursday, April, 30th. The basic materials company reported $0.08 EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.04. The basic materials company earned $204.66 million during the quarter. Eldorado Gold had a return on equity of 1.15% and a net margin of 13.83%. View Eldorado Gold's earnings history.

9 brokers have issued 1 year price objectives for Eldorado Gold's stock. Their forecasts range from $7.50 to $16.00. On average, they expect Eldorado Gold's stock price to reach $11.68 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price. View analysts' price targets for Eldorado Gold.

News headlines about EGO stock have been trending negative recently, according to InfoTrie. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 -2.8 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the near term. View the latest news about Eldorado Gold.

Eldorado Gold saw a decline in short interest in June. As of June 15th, there was short interest totaling 3,910,000 shares, a decline of 6.7% from the May 31st total of 4,190,000 shares. Based on an average daily volume of 3,490,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 2.4% of the company's stock are sold short. View Eldorado Gold's Current Options Chain.

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

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

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

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 $9.62.

Eldorado Gold has a market capitalization of $1.61 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.

The official website for Eldorado Gold is 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]