Market Recap Check: Eldorado Gold Corp (EGO)’s Positive Finish at 16.66, Up/Down 2.97

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The price of Eldorado Gold Corp (NYSE: EGO) closed at $16.66 in the last session, up 2.97% from day before closing price of $16.18. In other words, the price has increased by $2.97 from its previous closing price. On the day, 0.9 million shares were traded. EGO stock price reached its highest trading level at $16.68 during the session, while it also had its lowest trading level at $16.19.

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 2.37 and its Current Ratio is at 3.20. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.23.

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 3413800448 and an Enterprise Value of 3585233408. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.47, and their Forward P/E ratio for the next fiscal year is 9.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.01 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 3.003 whereas that against EBITDA is 6.243.

Stock Price History:

Over the past 52 weeks, EGO has reached a high of $19.06, while it has fallen to a 52-week low of $9.72. The 50-Day Moving Average of the stock is -3.01%, while the 200-Day Moving Average is calculated to be 7.51%.

Shares Statistics:

According to the various share statistics, EGO traded on average about 1.46M shares per day over the past 3-months and 1744240 shares per day over the past 10 days. A total of 204.91M shares are outstanding, with a floating share count of 203.44M. Insiders hold about 0.72% of the company’s shares, while institutions hold 78.75% stake in the company. Shares short for EGO as of 1730332800 were 6268200 with a Short Ratio of 3.28, compared to 1727654400 on 4791097.

Dividends & Splits

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

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