Eldorado Gold Corp. (EGO)’s Market Momentum: Closing Strong at 16.41, Down -0.18

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As of close of business last night, Eldorado Gold Corp.’s stock clocked out at $16.41, down -0.18% from its previous closing price of $16.44. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1.07 million shares were traded. EGO stock price reached its highest trading level at $16.48 during the session, while it also had its lowest trading level at $16.11.

Ratios:

To gain a deeper understanding of EGO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.52 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.18.

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 3357994752 and an Enterprise Value of 3470615040. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.82, and their Forward P/E ratio for the next fiscal year is 12.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.22 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 3.341 whereas that against EBITDA is 7.614.

Stock Price History:

Over the past 52 weeks, EGO has reached a high of $17.28, while it has fallen to a 52-week low of $8.30. The 50-Day Moving Average of the stock is 5.29%, while the 200-Day Moving Average is calculated to be 25.15%.

Shares Statistics:

It appears that EGO traded 1.37M shares on average per day over the past three months and 1303700 shares per day over the past ten days. A total of 203.14M shares are outstanding, with a floating share count of 202.31M. Insiders hold about 0.81% of the company’s shares, while institutions hold 73.82% stake in the company. Shares short for EGO as of 1719532800 were 6082780 with a Short Ratio of 4.45, compared to 1717113600 on 5820063.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.85.

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