At the time of writing, Eldorado Gold Corp. [EGO] stock is trading at $15.10, down -0.26%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EGO shares have gain 0.20% over the last week, with a monthly amount glided 18.34%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Eldorado Gold Corp. [NYSE: EGO] stock has seen the most recent analyst activity on October 11, 2023, when Stifel upgraded its rating to a Buy. On April 20, 2023, downgrade downgraded it’s rating to Hold. Canaccord Genuity upgraded its rating to a Buy. RBC Capital Mkts upgraded its rating to Sector Perform for this stock on October 09, 2020, and upped its price target to $12. In a note dated March 04, 2020, BofA/Merrill upgraded an Buy rating on this stock but restated the target price of $13.
For the past year, the stock price of Eldorado Gold Corp. fluctuated between $8.30 and $16.01. Eldorado Gold Corp. [NYSE: EGO] shares were valued at $15.10 at the most recent close of the market.
Analyzing the EGO fundamentals
According to Eldorado Gold Corp. [NYSE:EGO], the company’s sales were 1.01B for trailing twelve months, which represents an 28.01% jump. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.84 points at the first support level, and at 14.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.34, and for the 2nd resistance point, it is at 15.58.
Ratios To Look Out For
It is important to note that Eldorado Gold Corp. [NYSE:EGO] has a current ratio of 3.39. As well, the Quick Ratio is 2.53, while the Cash Ratio is 1.97. Considering the valuation of this stock, the price to sales ratio is 3.04, the price to book ratio is 0.87 and price to earnings (TTM) ratio is 29.37.
