Should I buy or sell Eldorado Gold stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EGO shares. 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 EGO analyst ratings or view top-rated stocks .

What is Eldorado Gold's stock price target for 2024?

7 Wall Street research analysts have issued 1-year price targets for Eldorado Gold's shares. Their EGO share price targets range from $9.00 to $20.00. On average, they anticipate the company's stock price to reach $13.90 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View analysts price targets for EGO or view top-rated stocks among Wall Street analysts .

How have EGO shares performed in 2024?

Eldorado Gold's stock was trading at $12.97 on January 1st, 2024. Since then, EGO shares have increased by 16.0% and is now trading at $15.04. View the best growth stocks for 2024 here .

Are investors shorting Eldorado Gold?

Eldorado Gold saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 5,880,000 shares, a decrease of 5.9% from the February 29th total of 6,250,000 shares. Based on an average trading volume of 1,590,000 shares, the short-interest ratio is currently 3.7 days. Approximately 2.9% of the company's stock are short sold. View Eldorado Gold's Short Interest .

When is Eldorado Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our EGO earnings forecast .

How can I listen to Eldorado Gold's earnings call?

Eldorado Gold will be holding an earnings conference call on Friday, April 26th at 11:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 604-638-9010 with passcode "0758".

How were Eldorado Gold's earnings last quarter?

Eldorado Gold Co. (NYSE:EGO) announced its quarterly earnings data on Thursday, February, 22nd. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.03. The basic materials company had revenue of $306.90 million for the quarter. Eldorado Gold had a trailing twelve-month return on equity of 3.56% and a net margin of 10.54%.

What ETF holds Eldorado Gold's stock?

Dimensional International Small Cap Value ETF holds 622,621 shares of EGO stock, representing 0.50% of its portfolio.

What is Paul N. Wright's approval rating as Eldorado Gold's CEO?

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.

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 (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 major shareholders?

Eldorado Gold's stock is owned by many different institutional and retail investors. Top institutional investors include Helikon Investments Ltd (13.57%), Equinox Partners Investment Management LLC (0.42%) and Banque Cantonale Vaudoise (0.00%).

How do I buy shares of Eldorado Gold?

Shares of EGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:EGO

Eldorado Gold (EGO) Stock Price, News & Analysis

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$15.04

+0.14 (+0.94%)

(As of 04:00 PM ET)

Compare

Today's Range: $14.84
▼
$15.13
50-Day Range: $10.16
▼
$15.66
52-Week Range: $8.30
▼
$16.01

Volume: 1.61 million shs
Average Volume: 1.69 million shs
Market Capitalization: $3.07 billion

P/E Ratio: 28.38
Dividend Yield: N/A
Price Target: $13.90

Get Eldorado Gold alerts:

Eldorado Gold MarketRank™ Stock Analysis

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 7.6% Downside
$13.90 Price Target
Short Interest: Healthy
2.79% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.05
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 3.90%
From $0.77 to $0.80 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.15 out of 5 stars

Basic Materials Sector

107th out of 172 stocks

Gold & Silver Ores Industry

13th out of 38 stocks

2.1

Analyst's Opinion

Consensus Rating
Eldorado Gold has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Eldorado Gold has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
2.79% of the float of Eldorado Gold has been sold short.
Short Interest Ratio / Days to Cover
Eldorado Gold has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Eldorado Gold has recently decreased by 4.42%, indicating that investor sentiment is improving.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EGO.

1.6

News and Social Media Coverage

News Sentiment
Eldorado Gold has a news sentiment score of -0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Eldorado Gold this week, compared to 2 articles on an average week.
Search Interest
18 people have searched for EGO on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added Eldorado Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

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 Insiders
Only 0.63% of the stock of Eldorado Gold is held by insiders.
Percentage Held by Institutions
69.58% 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 3.90% in the coming year, from $0.77 to $0.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eldorado Gold is 28.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eldorado Gold is 28.38, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 134.77.
Price to Earnings Growth Ratio
Eldorado Gold has a PEG Ratio of 6.31. 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 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Eldorado Gold Stock (NYSE:EGO)

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1996 and is headquartered in Vancouver, Canada.

EGO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EGO Stock News Headlines

April 18, 2024 | americanbankingnews.com

Eldorado Gold (EGO) to Release Quarterly Earnings on Thursday

April 11, 2024 | americanbankingnews.com

Eldorado Gold Co. (NYSE:EGO) Given Average Recommendation of "Hold" by Brokerages

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 9, 2024 | markets.businessinsider.com

Eldorado Gold Provides Update on First Quarter 2024 Tax Impacts in Turkiye; and Provides Conference Call Details

April 9, 2024 | globenewswire.com

Eldorado Gold Provides Update on First Quarter 2024 Tax Impacts in Turkiye; and Provides Conference Call Details

March 28, 2024 | globenewswire.com

Eldorado Gold Files Technical Reports for Olympias and Efemcukuru

March 25, 2024 | finance.yahoo.com

Eldorado Gold Corporation's (TSE:ELD) high institutional ownership speaks for itself as stock continues to impress, up 3.6% over last week

March 18, 2024 | investorplace.com

Hot Stocks: The 3 Best Opportunities for Investing in Gold

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 14, 2024 | msn.com

Golden Years: Aterciopelados Look Back at ‘El Dorado’

February 26, 2024 | finance.yahoo.com

Eldorado Gold Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

February 24, 2024 | finance.yahoo.com

Eldorado Gold Full Year 2023 Earnings: EPS Beats Expectations

February 23, 2024 | seekingalpha.com

Eldorado Gold Corporation 2023 Q4 - Results - Earnings Call Presentation

February 23, 2024 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Eldorado Gold (EGO) and Torex Gold Resources (OtherTORXF)

February 22, 2024 | msn.com

Eldorado Gold Non-GAAP EPS of $0.24 beats by $0.04, revenue of $306.9M beats by $5.31M

February 22, 2024 | globenewswire.com

Eldorado Announces 2024 Detailed Production & Cost Guidance; Provides Four-Year Growth Profile

February 22, 2024 | globenewswire.com

Eldorado Gold Reports 2023 Year-End and Fourth Quarter Financial and Operational Results; Achieves Annual Guidance; Provides Skouries Update

February 21, 2024 | msn.com

Wayfair (W) to Report Q4 Earnings: What's in the Cards?

February 19, 2024 | msn.com

Berlin: Move Over, Marvel! 10 Euro Comics That Are Ripe for Adaptation

February 15, 2024 | finance.yahoo.com

Albemarle's (ALB) Earnings and Revenues Beat Estimates in Q4

February 12, 2024 | seekingalpha.com

Eldorado Gold: Better Entries Ahead Of Strong Upside Potential

January 26, 2024 | realmoney.thestreet.com

Eldorado Gold downgraded to Hold at Stifel ahead of earnings

January 26, 2024 | msn.com

Eldorado Gold slips as Stifel cuts, seeing 'inflection points across its portfolio'

January 26, 2024 | finance.yahoo.com

New Strong Buy Stocks for January 26th

January 26, 2024 | finance.yahoo.com

Eldorado Gold Corporation (EGO) Upgraded to Strong Buy: What Does It Mean for the Stock?

January 25, 2024 | finance.yahoo.com

2024 Looks Promising for Eldorado Gold

January 16, 2024 | benzinga.com

Why Eldorado Gold Shares Are Trading Lower Premarket Tuesday?

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:EGO
CUSIP: N/A
CIK: 918608
Web: www.eldoradogold.com
Phone: (604) 687-4018
Fax: 604-687-4026
Employees: 4,700
Year Founded: 1992

Price Target and Rating

Average Stock Price Target: $13.90
High Stock Price Target: $20.00
Low Stock Price Target: $9.00
Potential Upside/Downside: -7.3%
Consensus Rating: Hold
Rating Score (0-4): 2.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.53
Trailing P/E Ratio: 28.30
Forward P/E Ratio: 19.48
P/E Growth: 6.31
Net Income: $104.63 million
Net Margins: 10.54%
Pretax Margin: 16.20%
Return on Equity: 3.56%
Return on Assets: 2.54%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 3.39
Quick Ratio: 2.53

Sales & Book Value

Annual Sales: $1.01 billion
Price / Sales: 3.03
Cash Flow: $1.84 per share
Price / Cash Flow: 8.17
Book Value: $17.16 per share
Price / Book: 0.87

Miscellaneous

Outstanding Shares: 203,960,000
Free Float: 202,679,000
Market Cap: $3.06 billion
Optionable: Optionable
Beta: 1.10

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Key Executives

Mr. George Raymond Burns (Age 64)
President, CEO & Director
Comp: $1.48M
Mr. Paul Ferneyhough
CFO & Executive VP
Mr. Simon Oswald Hille
Executive VP of Technical Services & Operations
Ms. Lynette Gould
Vice President of Investor Relations, Communications & External Affairs
Mr. Frank Hamilton Herbert
Executive VP, General Counsel & Chief Compliance Officer
Mr. Graham Morrison
Vice President of Corporate Development
Ms. Claire Mary Chamberlain
Vice President of Exploration
Mr. Per Niklas Frank
Senior Vice President of Operations
Ms. Nora Lozano
Vice President of Health, Safety & Sustainability
Mr. Ryan Swedburg
Senior Vice President of Finance

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

EGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Eldorado Gold stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eldorado Gold in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EGO shares. 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 EGO analyst ratings or view top-rated stocks.
What is Eldorado Gold's stock price target for 2024?: 7 Wall Street research analysts have issued 1-year price targets for Eldorado Gold's shares. Their EGO share price targets range from $9.00 to $20.00. On average, they anticipate the company's stock price to reach $13.90 in the next twelve months. This suggests that the stock has a possible downside of 7.6%.
View analysts price targets for EGO or view top-rated stocks among Wall Street analysts.
How have EGO shares performed in 2024?: Eldorado Gold's stock was trading at $12.97 on January 1st, 2024. Since then, EGO shares have increased by 16.0% and is now trading at $15.04.
View the best growth stocks for 2024 here.
Are investors shorting Eldorado Gold?: Eldorado Gold saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 5,880,000 shares, a decrease of 5.9% from the February 29th total of 6,250,000 shares. Based on an average trading volume of 1,590,000 shares, the short-interest ratio is currently 3.7 days. Approximately 2.9% of the company's stock are short sold.
View Eldorado Gold's Short Interest.
When is Eldorado Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our EGO earnings forecast.
How can I listen to Eldorado Gold's earnings call?: Eldorado Gold will be holding an earnings conference call on Friday, April 26th at 11:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 604-638-9010 with passcode "0758".

How were Eldorado Gold's earnings last quarter?: Eldorado Gold Co. (NYSE:EGO) announced its quarterly earnings data on Thursday, February, 22nd. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.03. The basic materials company had revenue of $306.90 million for the quarter. Eldorado Gold had a trailing twelve-month return on equity of 3.56% and a net margin of 10.54%.
What ETF holds Eldorado Gold's stock?: Dimensional International Small Cap Value ETF holds 622,621 shares of EGO stock, representing 0.50% of its portfolio.
What is Paul N. Wright's approval rating as Eldorado Gold's CEO?: 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.
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 (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 major shareholders?: Eldorado Gold's stock is owned by many different institutional and retail investors. Top institutional investors include Helikon Investments Ltd (13.57%), Equinox Partners Investment Management LLC (0.42%) and Banque Cantonale Vaudoise (0.00%).
How do I buy shares of Eldorado Gold?: Shares of EGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:EGO) was last updated on 4/19/2024 by MarketBeat.com Staff

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Eldorado Gold (EGO) Stock Price, News & Analysis

Eldorado Gold MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Eldorado Gold Stock (NYSE:EGO)

EGO Stock Price History

EGO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

EGO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™