Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $16.76 in the prior trading day, Eldorado Gold Corp. (NYSE: EGO) closed at $16.80, up 0.24%. In other words, the price has increased by $0.24 from its previous closing price. On the day, 0.84 million shares were traded. EGO stock price reached its highest trading level at $16.826 during the session, while it also had its lowest trading level at $16.42.
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 2.65 and its Current Ratio is at 3.62. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
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:
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 3446805504 and an Enterprise Value of 3589171200. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.09, and their Forward P/E ratio for the next fiscal year is 11.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.41. 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 0.94. Its current Enterprise Value per Revenue stands at 3.243 whereas that against EBITDA is 6.973.
Stock Price History:
Over the past 52 weeks, EGO has reached a high of $18.85, while it has fallen to a 52-week low of $9.00. The 50-Day Moving Average of the stock is -2.00%, while the 200-Day Moving Average is calculated to be 13.68%.
Shares Statistics:
The stock has traded on average 1.39M shares per day over the past 3-months and 1576700 shares per day over the last 10 days, according to various share statistics. A total of 204.76M shares are outstanding, with a floating share count of 203.28M. Insiders hold about 0.73% of the company’s shares, while institutions hold 73.63% stake in the company. Shares short for EGO as of 1726185600 were 5257982 with a Short Ratio of 3.77, compared to 1723680000 on 5260140.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.85.
