Market Recap Check: Eldorado Gold Corp (EGO)’s Positive Finish at 21.51, Up/Down 2.67

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

The price of Eldorado Gold Corp (NYSE: EGO) closed at $21.51 in the last session, up 2.67% from day before closing price of $20.95. In other words, the price has increased by $2.67 from its previous closing price. On the day, 2.8 million shares were traded.

Ratios:

We take a closer look at EGO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 177.57. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.99. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on May 29, 2024, Upgraded its rating to Outperform and sets its target price to $20 from $14 previously.

Valuation Measures:

As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.50, and their Forward P/E ratio for the next fiscal year is 8.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.11 while its Price-to-Book (P/B) ratio in mrq is 1.11.

Stock Price History:

Over the past 52 weeks, EGO has reached a high of $21.74, while it has fallen to a 52-week low of $13.29. The 50-Day Moving Average of the stock is 14.47%, while the 200-Day Moving Average is calculated to be 28.37%.

Shares Statistics:

A total of 205.18M shares are outstanding, with a floating share count of 204.44M. Insiders hold about 0.50% of the company’s shares, while institutions hold 82.62% stake in the company.

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