Eldorado Gold (ELD) Stock Price, News & Analysis

Company Overview

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1996 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$21.24 to C$21.97
• 50-Day Range: C$21.41 to C$25.79
• 52-Week Range: C$13.10 to C$26.32
• Volume: 281,000 shs
• Average Volume: 365,603 shs
• Market Capitalization: C$4.38 billion
• P/E Ratio: 17.84
• Dividend Yield: 0.19%
• Price Target: C$23.76
• Consensus Rating: Moderate Buy

Eldorado Gold Stock Analysis - MarketRank™

Eldorado Gold scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Eldorado Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Eldorado Gold has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Eldorado Gold is 17.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.06.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eldorado Gold is 17.84, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 103.12.

Price to Earnings Growth Ratio

Eldorado Gold has a PEG Ratio of 56.20. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Eldorado Gold has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ELD.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Eldorado Gold pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Eldorado Gold does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Eldorado Gold is 3.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ELD.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Eldorado Gold has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Eldorado Gold this week, compared to 4 articles on an average week.

MarketBeat Follows

1 people have added Eldorado Gold to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Eldorado Gold insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$298,569.00 in company stock.

Percentage Held by Insiders

Only 0.58% of the stock of Eldorado Gold is held by insiders.

Percentage Held by Institutions

80.48% of the stock of Eldorado Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ELD Stock Analysis - Frequently Asked Questions

How have ELD shares performed this year?

Eldorado Gold's stock was trading at C$17.20 at the beginning of 2024. Since then, ELD shares have increased by 24.5% and is now trading at C$21.41.
View the best growth stocks for 2024 here.

How do I buy shares of Eldorado Gold?

Shares of ELD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Eldorado Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eldorado Gold investors own include Eldorado Gold (EGO), B2Gold (BTO), Wheaton Precious Metals (WPM), Teck Resources (TECK.B), Precision Drilling (PD), First Quantum Minerals (FM) and SSR Mining (SSRM).

Company Calendar

• Today: 11/17/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:ELD
• CUSIP: N/A
• CIK: N/A
• Web: www.eldoradogold.com
• Phone: +1-604-6874018
• Fax: N/A
• Employees: 4,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$23.76
• High Stock Price Target: C$28.00
• Low Stock Price Target: C$16.80
• Potential Upside/Downside: +11.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.20
• Trailing P/E Ratio: 17.84
• Forward P/E Ratio: 9.96
• P/E Growth: 56.2
• Net Income: C$179.70 million
• Net Margins: 15.68%
• Pretax Margin: N/A
• Return on Equity: 4.99%
• Return on Assets: 3.27%

Debt

• Debt-to-Equity Ratio: 20.85
• Current Ratio: 3.62
• Quick Ratio: 2.28

Sales & Book Value

• Annual Sales: C$1.11 billion
• Price / Sales: 3.95
• Cash Flow: C$3.19 per share
• Price / Cash Flow: 6.71
• Book Value: C$17.98 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 204,760,000
• Free Float: N/A
• Market Cap: C$4.38 billion
• Optionable: Not Optionable
• Beta: 1.22