Eldorado Gold Corp Stock Today

EGO Stock  USD 16.56  0.10  0.60%   

Performance

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Odds Of Distress

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Eldorado Gold is selling at 16.56 as of the 24th of November 2024; that is 0.6% down since the beginning of the trading day. The stock's open price was 16.66. Eldorado Gold has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Eldorado Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
23rd of January 2003
Category
Basic Materials
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. The company has 204.91 M outstanding shares of which 6.27 M shares are currently shorted by investors with about 4.24 days to cover. More on Eldorado Gold Corp

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Eldorado Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOGeorge Burns
Thematic Ideas
Showing 3 out of 5 themes
Old NameEmpire Oil & Gas NL
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, ARCA Gold BUGS, Philadelphia GoldSilver, Stlmt ID PHLX, Heavy Metals, Plastics, Aluminum, Gold and Gold Mining, Precious Metals, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.240.2032
Fairly Up
Very volatile
Gross Profit Margin0.270.5091
Way Down
Slightly volatile
Debt Levels
Eldorado Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eldorado Gold's financial leverage. It provides some insight into what part of Eldorado Gold's total assets is financed by creditors.
Liquidity
Eldorado Gold Corp has 658.81 M in debt with debt to equity (D/E) ratio of 0.16, which may show that the company is not taking advantage of profits from borrowing. Eldorado Gold Corp has a current ratio of 3.54, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Eldorado to invest in growth at high rates of return.

Capital Expenditures

433.28 Million
Eldorado Gold Corp (EGO) is traded on New York Stock Exchange in USA. It is located in Bentall 5, Vancouver, BC, Canada, V6C 2B5 and employs 4,800 people. Eldorado Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.4 B. Eldorado Gold Corp runs under Metals & Mining sector within Materials industry. The entity has 204.91 M outstanding shares of which 6.27 M shares are currently shorted by investors with about 4.24 days to cover. Eldorado Gold Corp has about 3 M in cash with 383.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.67.
Check Eldorado Gold Probability Of Bankruptcy
Ownership Allocation
Eldorado Gold holds a total of 204.91 Million outstanding shares. The majority of Eldorado Gold Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Eldorado Gold Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Eldorado Gold. Please pay attention to any change in the institutional holdings of Eldorado Gold Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Eldorado Ownership Details

Eldorado Stock Institutional Holders

InstituionRecorded OnShares
Ninety One Uk Limited2024-09-30
2.4 M
Royal Bank Of Canada2024-06-30
2.2 M
Amvescap Plc.2024-06-30
2.1 M
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
M
Gabelli Funds Llc2024-09-30
1.9 M
Boston Partners Global Investors, Inc2024-09-30
1.7 M
Bank Of Montreal2024-06-30
1.6 M
Bmo Capital Markets Corp.2024-06-30
1.6 M
Schroder Investment Management Group2024-06-30
1.4 M
Helikon Investments Ltd2024-09-30
18.9 M
Van Eck Associates Corporation2024-06-30
18.7 M
View Eldorado Gold Diagnostics

Eldorado Gold Historical Income Statement

At this time, Eldorado Gold's Total Operating Expenses is very stable compared to the past year. As of the 24th of November 2024, Income Before Tax is likely to grow to about 171.5 M, while Interest Expense is likely to drop about 29 M. View More Fundamentals

Eldorado Stock Against Markets

Eldorado Gold Corporate Directors

Pamela GibsonIndependent DirectorProfile
John WebsterIndependent DirectorProfile
Judith MoselyIndependent DirectorProfile
Michael PriceIndependent DirectorProfile
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 price.
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eldorado Gold. If investors know Eldorado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eldorado Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.667
Earnings Share
1.41
Revenue Per Share
5.868
Quarterly Revenue Growth
0.355
Return On Assets
0.0386
The market value of Eldorado Gold Corp is measured differently than its book value, which is the value of Eldorado that is recorded on the company's balance sheet. Investors also form their own opinion of Eldorado Gold's value that differs from its market value or its book value, called intrinsic value, which is Eldorado Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eldorado Gold's market value can be influenced by many factors that don't directly affect Eldorado Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.