George Burns - Eldorado Gold President CEO, Director

ELD Stock  CAD 21.94  1.24  5.35%   

CEO

Mr. George R. Burns is President, Chief Executive Officer, Director of the Company effective April 2017. He joined Eldorado on February 1, 2017. Prior to joining us, Mr. Burns was the Executive Vice President and COO at Goldcorp. He also held the Goldcorp positions of Senior Vice President, Mexican Operations and Vice President, Canada and United States. Prior to that, he was Senior Vice President COO of Centerra Gold Inc. He has over 30 years of experience in the mineral sector, including executive, operations, development and engineering leadership roles in gold, copper and coal operations. Mr. Burns has served in various capacities for Asarco LLC, including Vice President of Mining, as well as numerous capacities for Cyprus Minerals Corporationrationration. He began his career with Anaconda Company in 1978. since 2017.
Age 64
Tenure 7 years
Address Bentall 5, Vancouver, BC, Canada, V6C 2B5
Phone604 687 4018
Webhttps://www.eldoradogold.com
Burns received a BS degree in Mining Engineering from the Montana College of Mineral Science and Technology in 1982.

Eldorado Gold Management Efficiency

The company has return on total asset (ROA) of 0.0386 % which means that it generated a profit of $0.0386 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0793 %, meaning that it generated $0.0793 on every $100 dollars invested by stockholders. Eldorado Gold's management efficiency ratios could be used to measure how well Eldorado Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Eldorado Gold's Debt To Assets are very stable compared to the past year. As of the 26th of November 2024, Fixed Asset Turnover is likely to grow to 0.35, while Total Assets are likely to drop about 3 B.
Eldorado Gold Corp has accumulated 658.81 M in total debt with debt to equity ratio (D/E) of 0.16, which may suggest the company is not taking enough advantage from borrowing. Eldorado Gold Corp has a current ratio of 3.54, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Eldorado Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Eldorado Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eldorado Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eldorado to invest in growth at high rates of return. When we think about Eldorado Gold's use of debt, we should always consider it together with cash and equity.

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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. Eldorado Gold Corporation was incorporated in 1992 and is headquartered in Vancouver, Canada. ELDORADO GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. Eldorado Gold Corp (ELD) is traded on Toronto Exchange in Canada and employs 4,800 people. Eldorado Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Eldorado Gold Corp Leadership Team

Elected by the shareholders, the Eldorado Gold's board of directors comprises two types of representatives: Eldorado Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eldorado. The board's role is to monitor Eldorado Gold's management team and ensure that shareholders' interests are well served. Eldorado Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eldorado Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Simon Hille, Executive Operations
Joseph Dick, Executive COO
Paul Ferneyhough, CFO VP
Louise McMahon, Director Affairs
Nora Lozano, Safety Health
Claire Chamberlain, Vice Exploration
Per Frank, Senior Operations
Stephanie Shaw, Vice Resources
Jason Cho, Vice President - Corporate Development
Philip CA, Ex CFO
George Burns, President CEO, Director
PEng Eng, VP Relations
Peter PGeo, VP Exploration
Ryan Swedburg, Senior Finance
Graham Morrison, Vice Development
Lynette Gould, Communications Relations
Frank Herbert, General VP
MS BSc, Ex Officer

Eldorado Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Eldorado Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Eldorado Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eldorado Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eldorado Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eldorado Stock

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Moving against Eldorado Stock

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The ability to find closely correlated positions to Eldorado Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eldorado Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eldorado Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eldorado Gold Corp to buy it.
The correlation of Eldorado Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eldorado Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eldorado Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eldorado Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Eldorado Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eldorado Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eldorado Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eldorado Gold Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Please note, there is a significant difference between Eldorado Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eldorado Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eldorado Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.