Stock In Spotlight: Eldorado Gold Corp. (NYSE:EGO)


Eldorado Gold Corporation (NYSE:EGO) closed its last session at $1.27. The stock traded within a range of $1.25 and $1.30. The company operates in the Basic Materials sector with a market capitalization of 1.01 Million. Trading volume for Eldorado Gold Corporation was 7.9 Million in its previous trading session. Currently, Eldorado Gold Corporation (NYSE:EGO) has an average volume of 8.36 Million.

Company Profile

Eldorado Gold is a gold producing and exploration company with gold assets in Brazil and Turkey.

Analyst Views

Eldorado Gold Corporation (NYSE:EGO) received a Buy rating from 1 analysts. 1 analysts gave its stock an Outperform rating. 5 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Eldorado Gold Corporation (NYSE:EGO) touched its 1-Year High price of $3.91 on 02/08/17 and its 1-Year Low price of $1.10 on 12/07/17.

EPS & Financials

Eldorado Gold Corporation (NYSE:EGO) reported its EPS in the last quarter as $0/Share lagging the analyst estimate of $0.01/Share by a difference of $-0.01. This showed a surprise of -100% in the last quarter earnings.

For the current quarter, 10 analysts are projecting a mean EPS of $0.01/share. According to their observations and findings, the stock could provide a high EPS of $0.03/share and a low EPS of $-0.01/share.

Analysts believe that the company has the potential to earn average revenue of $122.65 Million for the current quarter. According to their predictions high & low revenue estimates are 171 Million and 55.75 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is NEUTRAL with HIGH volatility. Eldorado Gold Corporation (NYSE:EGO) has a 20-Day average volume of 9.62 Million. According to today’s trading volume Eldorado Gold Corporation is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0.8 Percent and Institutional ownership of 75.8 Percent. The return on assets stands at -0.4%, Return on Equity currently is -0.6% and the Return on Investment value is 0.3%.

Eldorado Gold Corporation (NYSE:EGO) gross margin percentage stands at 35.7% while its operating margin for the past trailing twelve month is -0.7 percent and its overall profit margin (ttm) is -5.4 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -4.58% with a 50-Day Simple Moving Average of 1.2 percent. As of today, the company has a SMA200 (200-day simple moving average) of -44.69 Percent. The Stock has YTD (year to date) performance of -11.19 percent.

The TTM operating margin for the company stands at -0.7%. The return on invested capital is at 0.3%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -44.69%, and has a solid year to date (YTD) performance of -11.19% which means that the stock is constantly adding to its value from the previous fiscal year end price.