Upward Trajectory: Eldorado Gold Corp (EGO) Posts a Slidee, Closing at 14.40

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The closing price of Eldorado Gold Corp (NYSE: EGO) was $14.40 for the day, down -0.69% from the previous closing price of $14.50. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 1.59 million shares were traded. EGO stock price reached its highest trading level at $14.685 during the session, while it also had its lowest trading level at $14.32.

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 2.37 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 2950703872 and an Enterprise Value of 3123016704. As of this moment, Eldorado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 2.616 whereas that against EBITDA is 5.438.

Stock Price History:

The Beta on a monthly basis for EGO is 1.10, which has changed by 0.33272064 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. 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 -6.59%, while the 200-Day Moving Average is calculated to be -10.79%.

Shares Statistics:

EGO traded an average of 1.42M shares per day over the past three months and 2516350 shares per day over the past ten days. A total of 204.91M shares are outstanding, with a floating share count of 195.71M. Insiders hold about 4.49% of the company’s shares, while institutions hold 80.79% stake in the company. Shares short for EGO as of 1738281600 were 4807515 with a Short Ratio of 3.91, compared to 1735603200 on 5810704.

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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