(EGO) Eldorado Gold - Ratings and Ratios
Gold, Silver, Lead, Zinc
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 43.6% |
| Value at Risk 5%th | 67.0% |
| Relative Tail Risk | -6.55% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.54 |
| Alpha | 185.47 |
| CAGR/Max DD | 2.24 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.364 |
| Beta | 0.408 |
| Beta Downside | 0.222 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.69% |
| Mean DD | 8.85% |
| Median DD | 6.87% |
Description: EGO Eldorado Gold January 10, 2026
Eldorado Gold Corp. (NYSE:EGO) is a Vancouver-based miner that focuses on gold, with by-product silver, lead and zinc, operating primarily in Turkey, Canada and Greece. The firm holds 100 % ownership of the Kisladag and Efemçukuru underground mines in Turkey, the Lamaque complex in Quebec, and a suite of surface and underground projects in northern Greece, including Olympias, Stratoni, Skouries, Perama Hill and Sapes.
In 2023 the company reported approximately 800,000 oz of gold equivalent production, delivering an all-in sustaining cash cost of roughly US$950 per ounce and a net debt position near US$400 million, which places its leverage at about 0.6 × FY-24 EBITDA – a level that is modest relative to peers in the mid-tier gold sector.
The primary macro drivers for Eldorado are the prevailing gold price (which has hovered around US$1,950/oz in 2024), the political-risk premium attached to its Turkish assets, and the Canadian government’s stable mining policy that supports capital investment. A secondary driver is the rising demand for silver as an industrial metal, which can enhance by-product credit on the company’s Turkish operations.
Given the company’s diversified geographic footprint and its cost structure that remains below the current gold price, the upside potential hinges on successful execution of the Skouries expansion and the ability to maintain low cash costs amid possible currency headwinds.
For a deeper quantitative breakdown and scenario analysis, a quick look at ValueRay’s model could help you gauge the sensitivity of EGO’s valuation to gold price swings and operational milestones.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (370.9m TTM) > 0 and > 6% of Revenue (6% = 100.4m TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA -1.43pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 59.79% (prev 69.64%; Δ -9.85pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 666.0m > Net Income 370.9m (YES >=105%, WARN >=100%) |
| Net Debt (229.7m) to EBITDA (771.7m) ratio: 0.30 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.79 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (205.2m) change vs 12m ago -0.48% (target <= -2.0% for YES) |
| Gross Margin 48.83% (prev 44.82%; Δ 4.01pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 27.79% (prev 21.47%; Δ 6.33pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 19.48 (EBITDA TTM 771.7m / Interest Expense TTM 26.2m) >= 6 (WARN >= 3) |
Altman Z'' 1.35
| (A) 0.15 = (Total Current Assets 1.56b - Total Current Liabilities 557.4m) / Total Assets 6.48b |
| (B) -0.28 = Retained Earnings (Balance) -1.82b / Total Assets 6.48b |
| (C) 0.08 = EBIT TTM 509.7m / Avg Total Assets 6.02b |
| (D) 0.65 = Book Value of Equity 1.56b / Total Liabilities 2.39b |
| Total Rating: 1.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 62.38
| 1. Piotroski 6.50pt |
| 2. FCF Yield -1.31% |
| 3. FCF Margin -6.56% |
| 4. Debt/Equity 0.31 |
| 5. Debt/Ebitda 0.30 |
| 6. ROIC - WACC (= -1.35)% |
| 7. RoE 9.22% |
| 8. Rev. Trend 90.63% |
| 9. EPS Trend 64.73% |
What is the price of EGO shares?
Over the past week, the price has changed by +4.79%, over one month by +15.70%, over three months by +49.23% and over the past year by +189.60%.
Is EGO a buy, sell or hold?
- Strong Buy: 1
- Buy: 3
- Hold: 4
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the EGO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 37.6 | -12.3% |
| Analysts Target Price | 37.6 | -12.3% |
| ValueRay Target Price | 64.3 | 49.9% |
EGO Fundamental Data Overview January 19, 2026
P/E Forward = 8.3264
P/S = 4.8485
P/B = 1.9746
P/EG = 10.65
Revenue TTM = 1.67b USD
EBIT TTM = 509.7m USD
EBITDA TTM = 771.7m USD
Long Term Debt = 1.27b USD (from longTermDebt, last quarter)
Short Term Debt = 5.75m USD (from shortTermDebt, last quarter)
Debt = 1.27b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 229.7m USD (from netDebt column, last quarter)
Enterprise Value = 8.36b USD (8.13b + Debt 1.27b - CCE 1.04b)
Interest Coverage Ratio = 19.48 (Ebit TTM 509.7m / Interest Expense TTM 26.2m)
EV/FCF = -76.16x (Enterprise Value 8.36b / FCF TTM -109.8m)
FCF Yield = -1.31% (FCF TTM -109.8m / Enterprise Value 8.36b)
FCF Margin = -6.56% (FCF TTM -109.8m / Revenue TTM 1.67b)
Net Margin = 22.17% (Net Income TTM 370.9m / Revenue TTM 1.67b)
Gross Margin = 48.83% ((Revenue TTM 1.67b - Cost of Revenue TTM 855.8m) / Revenue TTM)
Gross Margin QoQ = 43.32% (prev 49.50%)
Tobins Q-Ratio = 1.29 (Enterprise Value 8.36b / Total Assets 6.48b)
Interest Expense / Debt = 0.58% (Interest Expense 7.33m / Debt 1.27b)
Taxrate = 48.97% (53.3m / 108.9m)
NOPAT = 260.1m (EBIT 509.7m * (1 - 48.97%))
Current Ratio = 2.79 (Total Current Assets 1.56b / Total Current Liabilities 557.4m)
Debt / Equity = 0.31 (Debt 1.27b / totalStockholderEquity, last quarter 4.10b)
Debt / EBITDA = 0.30 (Net Debt 229.7m / EBITDA 771.7m)
Debt / FCF = -2.09 (negative FCF - burning cash) (Net Debt 229.7m / FCF TTM -109.8m)
Total Stockholder Equity = 4.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.16% (Net Income 370.9m / Total Assets 6.48b)
RoE = 9.22% (Net Income TTM 370.9m / Total Stockholder Equity 4.02b)
RoCE = 9.62% (EBIT 509.7m / Capital Employed (Equity 4.02b + L.T.Debt 1.27b))
RoIC = 5.10% (NOPAT 260.1m / Invested Capital 5.10b)
WACC = 6.46% (E(8.13b)/V(9.41b) * Re(7.42%) + D(1.27b)/V(9.41b) * Rd(0.58%) * (1-Tc(0.49)))
Discount Rate = 7.42% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.49%
Fair Price DCF = unknown (Cash Flow -109.8m)
EPS Correlation: 64.73 | EPS CAGR: 60.37% | SUE: -4.0 | # QB: 0
Revenue Correlation: 90.63 | Revenue CAGR: 16.22% | SUE: 0.43 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.01 | Chg30d=+0.085 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=4.70 | Chg30d=-0.013 | Revisions Net=+2 | Growth EPS=+182.4% | Growth Revenue=+75.8%
Additional Sources for EGO Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle