NYSE:EGOEldorado Gold Stock Price, Forecast & News

Eldorado Gold's stock was trading at $7.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EGO shares have increased by 12.3% and is now trading at $8.49. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last year. There are currently 2 sell ratings, 5 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) released its quarterly earnings data on Thursday, April, 30th. The basic materials company reported $0.08 EPS for the quarter, missing the Thomson Reuters' 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.

10 analysts have issued 12 month target prices 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 $10.97 in the next year. This suggests a possible upside of 29.2% from the stock's current price. View analysts' price targets for Eldorado Gold.

Media stories about EGO stock have been trending somewhat negative on Wednesday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Eldorado Gold earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutEldorado Gold.

Eldorado Gold saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,900,000 shares, a decline of 12.0% from the April 30th total of 4,430,000 shares. Based on an average daily trading volume, of 4,360,000 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.3% 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), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG), Harmony Gold Mining (HMY), Iamgold (IAG), Osisko gold royalties (OR), Coeur Mining (CDE), Seabridge Gold (SA), Fortuna Silver Mines (FSM), Maverix Metals (MMX), DRDGOLD (DRD), McEwen Mining (MUX) and Corvus Gold (CORVF). 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."

Eldorado Gold's stock is owned by many different retail and institutional investors. Top institutional investors include Van ECK Associates Corp (10.96%), Connor Clark & Lunn Investment Management Ltd. (4.23%), BlackRock Inc. (2.88%), Franklin Resources Inc. (2.17%), Two Sigma Advisers LP (1.86%) and Deutsche Bank AG (1.70%).

EGO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Commerzbank Aktiengesellschaft FI, Van ECK Associates Corp, Two Sigma Investments LP, Donald Smith & CO. Inc., Invesco Ltd., Wellington Management Group LLP, and Franklin Resources Inc..

EGO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Deutsche Bank AG, Two Sigma Advisers LP, Connor Clark & Lunn Investment Management Ltd., Bogle Investment Management L P DE, Schroder Investment Management Group, U S Global Investors Inc., and Alberta Investment Management Corp.

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 $8.49.

Eldorado Gold has a market capitalization of $1.42 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 2,756 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]