Eldorado Gold Corp. (EGO)’s valuation ratios: A closer look

The closing price of Eldorado Gold Corp. (NYSE: EGO) was $12.62 for the day, up 1.61% from the previous closing price of $12.42. In other words, the price has increased by $+0.20 from its previous closing price. On the day, 913399 shares were traded. EGO stock price reached its highest trading level at $12.77 during the session, while it also had its lowest trading level at $12.40.

Ratios:

Our analysis of EGO’s different ratios will help us gain a deeper understanding of the company. 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 2.56B and an Enterprise Value of 2.67B. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.55, and their Forward P/E ratio for the next fiscal year is 16.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.53 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 2.65 whereas that against EBITDA is 5.62.

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 11.89, while the 200-Day Moving Average is calculated to be 10.77.

Shares Statistics:

EGO traded an average of 1.64M shares per day over the past three months and 1.7M shares per day over the past ten days. A total of 203.14M shares are outstanding, with a floating share count of 201.23M. Insiders hold about 0.94% of the company’s shares, while institutions hold 76.11% stake in the company. Shares short for EGO as of Feb 29, 2024 were 6.25M with a Short Ratio of 2.89, compared to 4.23M on Jan 31, 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

The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of $0.13 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 $1.02 and $0.35 for the fiscal current year, implying an average EPS of $0.67. EPS for the following year is $0.79, with 9 analysts recommending between $1.28 and $0.53.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. 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 $1.21B, while the lowest revenue estimate was $1.09B, resulting in an average revenue estimate of $1.16B. In the same quarter a year ago, actual revenue was $1.01B, up 14.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.26B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.15B. The average revenue growth estimate for next year is up 8.50% from the average revenue estimate for this year.

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