How to buy Eldorado Gold Corporation stock | $11.88

Eldorado Gold Corporation is a gold business based in the US. Eldorado Gold Corporation shares (EGO) are listed on the NYSE and all prices are listed in US Dollars. Eldorado Gold Corporation employs 4,500 staff and has a trailing 12-month revenue of around 0.00.

Eldorado Gold Corporation stock price (NYSE: EGO)

Use our graph to track the performance of EGO stocks over time.

Eldorado Gold Corporation shares at a glance

• Key figures

Information last updated 2021-07-23.

Latest market close	$11.88
52-week range	$9.01 - $14.49
50-day moving average	$10.39
200-day moving average	$11.29
Wall St. target price	$1.83
PE ratio	14.048
Dividend yield	$0.007 (7.41%)
Earnings per share (TTM)	$0.67

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Is it a good time to buy Eldorado Gold Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Eldorado Gold Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Eldorado Gold Corporation price performance over time

Historical closes compared with the close of $11.88 from 2021-05-28

1 week (2021-07-19)	N/A
1 month (2021-06-30)	19.40%
3 months (2021-04-30)	20.36%
6 months (2021-01-26)	N/A

1 year (2020-07-26)	N/A
2 years (2019-07-26)	N/A
3 years (2018-07-26)	N/A
5 years (2016-07-26)	N/A

Is Eldorado Gold Corporation under- or over-valued?

Valuing Eldorado Gold Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Eldorado Gold Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Eldorado Gold Corporation's P/E ratio

Eldorado Gold Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Eldorado Gold Corporation shares trade at around 14x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Eldorado Gold Corporation's PEG ratio

Eldorado Gold Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.65. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Eldorado Gold Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Eldorado Gold Corporation's EBITDA

Eldorado Gold Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $520.5 million.

The EBITDA is a measure of a Eldorado Gold Corporation's overall financial performance and is widely used to measure a its profitability.

Eldorado Gold Corporation financials

Revenue TTM	$1 billion
Operating margin TTM	26.09%
Gross profit TTM	$568.9 million
Return on assets TTM	3.51%
Return on equity TTM	3.15%
Profit margin	11.24%
Book value	$20.71
Market capitalisation	$1.7 billion

TTM: trailing 12 months

Shorting Eldorado Gold Corporation shares

There are currently 3.4 million Eldorado Gold Corporation shares held short by investors – that's known as Eldorado Gold Corporation's "short interest". This figure is 4.1% up from 3.2 million last month.

There are a few different ways that this level of interest in shorting Eldorado Gold Corporation shares can be evaluated.

Eldorado Gold Corporation's "short interest ratio" (SIR)

Eldorado Gold Corporation's "short interest ratio" (SIR) is the quantity of Eldorado Gold Corporation shares currently shorted divided by the average quantity of Eldorado Gold Corporation shares traded daily (recently around 1.3 million). Eldorado Gold Corporation's SIR currently stands at 2.53. In other words for every 100,000 Eldorado Gold Corporation shares traded daily on the market, roughly 2530 shares are currently held short.

However Eldorado Gold Corporation's short interest can also be evaluated against the total number of Eldorado Gold Corporation shares, or, against the total number of tradable Eldorado Gold Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Eldorado Gold Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Eldorado Gold Corporation shares in existence, roughly 20 shares are currently held short) or 0.0208% of the tradable shares (for every 100,000 tradable Eldorado Gold Corporation shares, roughly 21 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Eldorado Gold Corporation.

Find out more about how you can short Eldorado Gold Corporation stock.

Eldorado Gold Corporation share dividends

We're not expecting Eldorado Gold Corporation to pay a dividend over the next 12 months.

Have Eldorado Gold Corporation's shares ever split?

Eldorado Gold Corporation's shares were split on a 1:5 basis on 30 December 2018. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Eldorado Gold Corporation shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Eldorado Gold Corporation shares which in turn could have impacted Eldorado Gold Corporation's share price.

Eldorado Gold Corporation share price volatility

Over the last 12 months, Eldorado Gold Corporation's shares have ranged in value from as little as $9.01 up to $14.49. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Eldorado Gold Corporation's is 1.4859. This would suggest that Eldorado Gold Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Eldorado Gold Corporation overview

Eldorado Gold Corporation and its subsidiaries engage in the exploration, discovery, acquisition, financing, development, production, sale, and reclamation of mineral products, primarily in Turkey, Canada, Greece, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore. It holds 100% interest in the Kisladag and Efemcukuru gold mines located in western Turkey; Lamaque gold mines located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as 80. 5% interest in the Certej and Bolcana development projects located in Romania; and 100% interest in the Tocantinzinho development project located in Brazil. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1992 and is headquartered in Vancouver, Canada.

Frequently asked questions

What percentage of Eldorado Gold Corporation is owned by insiders or institutions?
Currently 0.258% of Eldorado Gold Corporation shares are held by insiders and 71.153% by institutions. How many people work for Eldorado Gold Corporation?
Latest data suggests 4,500 work at Eldorado Gold Corporation. When does the fiscal year end for Eldorado Gold Corporation?
Eldorado Gold Corporation's fiscal year ends in December. Where is Eldorado Gold Corporation based?
Eldorado Gold Corporation's address is: Bentall 5, 11th Floor, Vancouver, BC, Canada, V6C 2B5 What is Eldorado Gold Corporation's ISIN number?
Eldorado Gold Corporation's international securities identification number is: CA2849025093 What is Eldorado Gold Corporation's CUSIP number?
Eldorado Gold Corporation's Committee on Uniform Securities Identification Procedures number is: 284902103