The stock of Eldorado Gold Corp (EGO) has seen a 6.46% increase in the past week, with a 17.93% gain in the past month, and a 11.16% flourish in the past quarter. The volatility ratio for the week is 2.93%, and the volatility levels for the past 30 days are at 3.73% for EGO. The simple moving average for the past 20 days is 11.97% for EGO’s stock, with a 3.74% 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 11.82x. The 36-month beta value for EGO is also noteworthy at 0.90. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 4 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for EGO is 203.42M, and at present, short sellers hold a 2.96% of that float. The average trading volume of EGO on March 25, 2025 was 1.71M shares.
EGO) stock’s latest price update
The stock price of Eldorado Gold Corp (NYSE: EGO) has jumped by 5.92 compared to previous close of 15.71. Despite this, the company has seen a gain of 6.46% in its stock price over the last five trading days. seekingalpha.com reported 2025-03-23 that Eldorado Gold shares show untapped upside potential due to strong operating performance, improved prospects, and a bullish gold trend, despite recent market punishment. Q4/FY 2024 results highlight a 24% YoY production increase, record operating cash flow, and significant operational efficiencies, especially in Kisladag and Lamaque projects. EGO’s valuation metrics indicate a substantial undervaluation compared to industry averages, presenting a buying opportunity with a target price of $19 per share.
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 12.35% 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 -12.70% of loss for the given period.
Volatility was left at 3.73%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares surge +18.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.48% upper at present.
During the last 5 trading sessions, EGO rose by +6.75%, which changed the moving average for the period of 200-days by +6.14% in comparison to the 20-day moving average, which settled at $14.86. In addition, Eldorado Gold Corp saw 11.90% 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:
- 0.32 for the present operating margin
- 0.41 for the gross margin
The net margin for Eldorado Gold Corp stands at 0.22. The total capital return value is set at 0.08. Equity return is now at value 8.12, with 5.56 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 0.68. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 24.36.
Currently, EBITDA for the company is 670.49 million with net debt to EBITDA at 0.1. When we switch over and look at the enterprise to sales, we see a ratio of 2.64. The receivables turnover for the company is 22.8for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.45.
Conclusion
In summary, Eldorado Gold Corp (EGO) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
