The price-to-earnings ratio for Eldorado Gold Corp (NYSE: EGO) is 11.67x, which is above its average ratio. Moreover, the 36-month beta value for EGO is 0.93. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for EGO is 203.44M and currently, short sellers hold a 2.85% of that float. On January 15, 2025, EGO’s average trading volume was 1.27M shares.
EGO) stock’s latest price update
Eldorado Gold Corp (NYSE: EGO)’s stock price has gone rise by 1.50 in comparison to its previous close of 15.37, however, the company has experienced a 2.16% increase in its stock price over the last five trading days. globenewswire.com reported 2025-01-14 that (All dollar figures are in US dollars, unless otherwise stated) VANCOUVER, British Columbia, Jan. 14, 2025 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or “the Company”) announces fourth quarter 2024 preliminary gold production of 155,669 ounces, and full year preliminary gold production of 520,293 ounces, delivering 7% annual production growth over 2023. Fourth quarter production was very strong at the Lamaque Complex and Kisladag, while Efemcukuru continued to deliver on expectations.
EGO’s Market Performance
EGO’s stock has risen by 2.16% in the past week, with a monthly drop of -9.51% and a quarterly drop of -10.91%. The volatility ratio for the week is 3.61% while the volatility levels for the last 30 days are 2.81% for Eldorado Gold Corp The simple moving average for the last 20 days is 1.33% for EGO’s stock, with a simple moving average of -3.33% for the last 200 days.
Analysts’ Opinion of EGO
Many brokerage firms have already submitted their reports for EGO stocks, with RBC Capital Mkts repeating the rating for EGO by listing it as a “Outperform.” The predicted price for EGO in the upcoming period, according to RBC Capital Mkts is $20 based on the research report published on May 29, 2024 of the previous year 2024.
EGO Trading at -1.64% 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 -18.15% of loss for the given period.
Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 3.61%, as shares sank -5.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.14% lower at present.
During the last 5 trading sessions, EGO rose by +2.16%, which changed the moving average for the period of 200-days by +11.67% in comparison to the 20-day moving average, which settled at $15.40. In addition, Eldorado Gold Corp saw 4.91% 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:
- 0.27 for the present operating margin
- 0.31 for the gross margin
The net margin for Eldorado Gold Corp stands at 0.23. The total capital return value is set at 0.06. Equity return is now at value 7.92, with 5.48 for asset returns.
Based on Eldorado Gold Corp (EGO), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 12.5.
Currently, EBITDA for the company is 470.97 million with net debt to EBITDA at 0.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.83. The receivables turnover for the company is 11.0for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.20.
Conclusion
To wrap up, the performance of Eldorado Gold Corp (EGO) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
