Eldorado Gold Corp (NYSE: EGO) is -2.69% lower on its value in year-to-date trading and has touched a low of $11.98 and a high of $19.06 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EGO stock was last observed hovering at around $14.32 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $14.47, the stock is 1.97% and -2.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 1.05% at the moment leaves the stock -9.98% off its SMA200. EGO registered 22.63% gain for a year compared to 6-month loss of -10.24%.
The stock witnessed a -8.36% gain in the last 1 month and extending the period to 3 months gives it a -10.84%, and is 5.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.94% over the week and 4.23% over the month.
Eldorado Gold Corp (EGO) has around 4869 employees, a market worth around $2.97B and $1.32B in sales. Current P/E ratio is 10.28 and Fwd P/E is 7.08. Profit margin for the company is 21.84%. Distance from 52-week low is 20.78% and -24.08% from its 52-week high. The company has generated returns on investments over the last 12 months (6.00%).
with sales reaching $319.83M over the same period.The EPS is expected to shrink by -10.36% this year, but quarterly earnings will post 6.82% year-over-year. Quarterly sales are estimated to grow 23.98% in year-over-year returns.
Eldorado Gold Corp (EGO) Top Institutional Holders
The shares outstanding are 204.95M, and float is at 203.54M with Short Float at 2.80%.
The top institutional shareholder in the company is HELIKON INVESTMENTS LTD with over 23.84 million shares valued at $352.54 million. The investor’s holdings represent 11.6803% of the EGO Shares outstanding. As of 2024-06-30, the second largest holder is VAN ECK ASSOCIATES CORP with 18.67 million shares valued at $276.19 million to account for 9.1506 of the shares outstanding. The other top investors are DONALD SMITH & CO., INC. which holds 12.18 million shares representing 5.9689% and valued at over $180.16 million, while BLACKROCK INC. holds 5.5266 of the shares totaling 11.2 million with a market value of $165.69 million.
Eldorado Gold Corp (EGO) Insider Activity
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