Analysis of Eldorado Gold Corp. (NYSE:EGO): Selected Notes

After finishing at $10.33 in the prior trading day, Eldorado Gold Corp. (NYSE: EGO) closed at $10.15, down -1.74%. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1611385 shares were traded.

Ratios:

Our goal is to gain a better understanding of EGO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 3.39. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EGO now has a Market Capitalization of 2.07B and an Enterprise Value of 2.18B. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.74, and their Forward P/E ratio for the next fiscal year is 13.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 2.16 whereas that against EBITDA is 4.59.

Stock Price History:

Over the past 52 weeks, EGO has reached a high of $13.71, while it has fallen to a 52-week low of $8.30. The 50-Day Moving Average of the stock is 12.18, while the 200-Day Moving Average is calculated to be 10.71.

Shares Statistics:

The stock has traded on average 1.68M shares per day over the past 3-months and 2.25M shares per day over the last 10 days, according to various share statistics. A total of 203.14M shares are outstanding, with a floating share count of 200.99M. Insiders hold about 0.92% of the company’s shares, while institutions hold 76.23% stake in the company. Shares short for EGO as of Feb 15, 2024 were 4.73M with a Short Ratio of 2.37, compared to 3.99M on Jan 12, 2024.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.85. The current Payout Ratio is 0.00% for EGO, which recently paid a dividend on Dec 31, 2018 with an ex-dividend date of Mar 03, 2017. Stock splits for the company last occurred on Dec 31, 2018 when the company split stock in a 1:5 ratio.

Earnings Estimates

Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.09, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.12, with high estimates of $0.14 and low estimates of $0.09.

Analysts are recommending an EPS of between $0.98 and $0.35 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $0.79, with 8 analysts recommending between $1.28 and $0.53.

Revenue Estimates

2 analysts predict $289.2M in revenue for the current quarter. It ranges from a high estimate of $298M to a low estimate of $280.41M. As of the current estimate, Eldorado Gold Corp.’s year-ago sales were $232.63M, an estimated increase of 24.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $280.61M, an increase of 6.40% less than the figure of $24.30% in the same quarter last year. There is a high estimate of $280.61M for the next quarter, whereas the lowest estimate is $280.61M.

A total of 8 analysts have provided revenue estimates for EGO’s current fiscal year. The highest revenue estimate was $1.19B, while the lowest revenue estimate was $1.09B, resulting in an average revenue estimate of $1.15B. In the same quarter a year ago, actual revenue was $1.01B, up 14.10% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.25B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.14B. The average revenue growth estimate for next year is up 9.00% from the average revenue estimate for this year.

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