Moreover, the 36-month beta value for EGO is 1.09. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Eldorado Gold Corp. (EGO) is $12.65, which is $0.95 above the current market price. The public float for EGO is 201.05M and currently, short sellers hold a 2.65% of that float. On November 21, 2023, EGO’s average trading volume was 1.48M shares.
EGO) stock’s latest price update
The stock price of Eldorado Gold Corp. (NYSE: EGO) has surged by 5.55 when compared to previous closing price of 11.09, but the company has seen a 9.29% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-14 that The Zacks Mining – Gold industry’s near-term prospects are bright as gold prices are expected to gain. One can watch stocks like AGI, ORLA and EGO, backed by their growth prospects.
EGO’s Market Performance
Eldorado Gold Corp. (EGO) has seen a 9.29% rise in stock performance for the week, with a 14.31% gain in the past month and a 27.09% surge in the past quarter. The volatility ratio for the week is 2.62%, and the volatility levels for the past 30 days are at 3.42% for EGO. The simple moving average for the last 20 days is 9.21% for EGO stock, with a simple moving average of 16.92% for the last 200 days.
EGO Trading at 17.27% from the 50-Day Moving Average
After a stumble in the market that brought EGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.34% of loss for the given period.
Volatility was left at 3.42%, however, over the last 30 days, the volatility rate increased by 2.62%, as shares surge +12.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.73% upper at present.
During the last 5 trading sessions, EGO rose by +8.78%, which changed the moving average for the period of 200-days by +26.49% in comparison to the 20-day moving average, which settled at $10.78. In addition, Eldorado Gold Corp. saw 40.01% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EGO
Current profitability levels for the company are sitting at:
- +7.11 for the present operating margin
- +13.02 for the gross margin
The net margin for Eldorado Gold Corp. stands at -5.64. The total capital return value is set at 1.57, while invested capital returns managed to touch -1.26. Equity return is now at value 10.87, with 7.75 for asset returns.
Based on Eldorado Gold Corp. (EGO), the company’s capital structure generated 15.96 points at debt to equity in total, while total debt to capital is 13.76. Total debt to assets is 11.47, with long-term debt to equity ratio resting at 15.81. Finally, the long-term debt to capital ratio is 13.63.
When we switch over and look at the enterprise to sales, we see a ratio of 2.63, with the company’s debt to enterprise value settled at 0.30. The receivables turnover for the company is 14.65 and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.00.
To wrap up, the performance of Eldorado Gold Corp. (EGO) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.