Market Recap Check: Eldorado Gold Corp. (EGO)’s Positive Finish at 16.65, Up/Down 0.60

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The price of Eldorado Gold Corp. (NYSE: EGO) closed at $16.65 in the last session, up 0.60% from day before closing price of $16.55. In other words, the price has increased by $0.60 from its previous closing price. On the day, 1.49 million shares were traded. EGO stock price reached its highest trading level at $16.8651 during the session, while it also had its lowest trading level at $16.46.

Ratios:

We take a closer look at EGO’s different ratios to gain a better understanding of the stock. 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 3398897664 and an Enterprise Value of 3498993920. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.24, and their Forward P/E ratio for the next fiscal year is 13.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 3.369 whereas that against EBITDA is 7.677.

Stock Price History:

The Beta on a monthly basis for EGO is 0.92, which has changed by 0.4581498 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, EGO has reached a high of $16.72, while it has fallen to a 52-week low of $8.30. The 50-Day Moving Average of the stock is 8.31%, while the 200-Day Moving Average is calculated to be 28.91%.

Shares Statistics:

According to the various share statistics, EGO traded on average about 1.37M shares per day over the past 3-months and 1064850 shares per day over the past 10 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 74.69% stake in the company. Shares short for EGO as of 1719532800 were 6082780 with a Short Ratio of 4.44, compared to 1717113600 on 5820063.

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 2017-03-03 with an ex-dividend date of 1488499200. Stock splits for the company last occurred on 2018-12-31 when the company split stock in a 1:5 ratio.

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