In the past week, EGO stock has gone up by 2.37%, with a monthly decline of -1.02% and a quarterly plunge of -10.59%. The volatility ratio for the week is 3.07%, and the volatility levels for the last 30 days are 3.40% for Eldorado Gold Corp The simple moving average for the past 20 days is 1.91% for EGO’s stock, with a -3.80% simple moving average for the past 200 days.
Is It Worth Investing in Eldorado Gold Corp (NYSE: EGO) Right Now?
The price-to-earnings ratio for Eldorado Gold Corp (NYSE: EGO) is above average at 11.62x, Company’s 36-month beta value is 1.10.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 4 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for EGO is 203.53M, and currently, short sellers hold a 2.73% ratio of that floaft. The average trading volume of EGO on February 05, 2025 was 1.28M shares.
EGO) stock’s latest price update
The stock of Eldorado Gold Corp (NYSE: EGO) has increased by 2.04 when compared to last closing price of 15.22. Despite this, the company has experienced a 2.37% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-29 that Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Tyson Foods, Cigna Group, Eldorado Gold, ChampionX and Akamai Technologies.
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 -0.31% 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 -18.52% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 3.07%. Over the last 50 days, in opposition, the stock is trading -4.90% lower at present.
During the last 5 trading sessions, EGO rose by +2.37%, which changed the moving average for the period of 200-days by +3.81% in comparison to the 20-day moving average, which settled at $15.24. In addition, Eldorado Gold Corp saw 4.44% 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 2.82. 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
In a nutshell, Eldorado Gold Corp (EGO) has experienced a mixed performance in recent times. The stock has received mixed “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.
