Eldorado Gold Corp. (EGO) Performance and Fundamentals Dashboard tells a completely different story

With 0.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.46 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $16.08 whereas the lowest price it dropped to was $15.65. The 52-week range on EGO shows that it touched its highest point at $16.69 and its lowest point at $8.30 during that stretch. It currently has a 1-year price target of $17.62. Beta for the stock currently stands at 0.92.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EGO was up-trending over the past week, with a rise of 8.59%, but this was up by 2.16% over a month. Three-month performance surged to 6.22% while six-month performance rose 34.73%. The stock gained 63.71% in the past year, while it has gained 23.82% so far this year. A look at the trailing 12-month EPS for EGO yields 0.57 with Next year EPS estimates of 1.15. For the next quarter, that number is 0.27. This implies an EPS growth rate of 96.64% for this year and 2.91% for next year.

Float and Shares Shorts:

At present, 203.14 million EGO shares are outstanding with a float of 202.31 million shares on hand for trading. On 2024-06-14, short shares totaled 6.08 million, which was 298.0 higher than short shares on 1715731200. In addition to Mr. George Raymond Burns as the firm’s President, CEO & Director, Mr. Paul Ferneyhough serves as its CFO & Executive VP.

Institutional Ownership:

Through their ownership of 0.77378 of EGO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, EGO reported revenue of $256065000.0 and operating income of $57527000.0. The EBITDA in the recently reported quarter was $123957000.0 and diluted EPS was $0.16.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EGO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.