Eldorado Gold Corp Stock Today

ELD Stock  CAD 23.27  0.62  2.74%   

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Eldorado Gold is selling at 23.27 as of the 22nd of November 2024; that is 2.74% increase since the beginning of the trading day. The stock's open price was 22.65. 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 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Materials
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 2.87 M shares are currently shorted by private and institutional investors with about 6.1 days to cover all short positions. More on Eldorado Gold Corp

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Eldorado Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eldorado Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eldorado Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorGeorge Burns
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Eldorado Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eldorado Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
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 cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Capital Expenditures

433.28 Million
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. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.64 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eldorado Gold's market, we take the total number of its shares issued and multiply it by Eldorado Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eldorado Gold Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 204.91 M outstanding shares of which 2.87 M shares are currently shorted by private and institutional investors with about 6.1 days to cover all short positions. Eldorado Gold Corp has accumulated 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 Gold Corp Risk Profiles

Although Eldorado Gold's alpha and beta are two of the key measurements used to evaluate Eldorado Gold's performance over the market, the standard measures of volatility play an important role as well.

Eldorado Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Eldorado Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Eldorado Gold Corporate Management

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 HilleExecutive OperationsProfile
Louise McMahonDirector AffairsProfile
Nora LozanoSafety HealthProfile
Claire ChamberlainVice ExplorationProfile
Per FrankSenior OperationsProfile
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.