EGO Stock Analysis: Eldorado Gold | NYSE
Gold | NYSE, USA | Market Cap: 9.561m USD | 12M Return: 28.2% | CA2849025093 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 123M
EPS Trend: 96.7%
Qual. Beats: 0
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Eldorado Gold Corporation (NYSE: EGO) is a Canadian-based mining company that engages in the mining, exploration, development, and sale of mineral products, with primary operations in Turkey, Canada, and Greece. The company mainly produces gold, along with by-products such as silver, lead, and zinc, holding full ownership interests in the Kisladag and Efemçukuru mines in Turkey, the Lamaque complex in Quebec, Canada, and the Olympias, Stratoni, Skouries, Perama Hill, and Sapes mines in Greece. Originally incorporated as Eldorado Corporation Ltd., the company adopted its current name in April 1996 and is headquartered in Vancouver, Canada. As a member of the Materials sector under the Gold sub-industry, Eldorado operates within the precious metals mining segment, where revenue is largely driven by gold prices on global markets, and companies typically supplement primary gold output with silver and base metal by-products to improve overall project economics.
- Gold price rally boosts revenue and margins across all mines
- Skouries project commissioning in Greece expands long-term production capacity
- Turkish lira depreciation and political risk pressure Kisladag operating costs
| Net Income: 604.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.06 > 0.02 and ΔFCF/TA -6.18 > 1.0 |
| NWC/Revenue: 13.89% < 20% (prev 67.51%; Δ -53.62% < -1%) |
| CFO/TA 0.06 > 3% & CFO 658.2m > Net Income 604.7m |
| Net Debt (1.22b) to EBITDA (1.05b): 1.16 < 3 |
| Current Ratio: 1.31 > 1.5 & < 3 |
| Outstanding Shares: last quarter (254.0m) vs 12m ago 22.72% < -2% |
| Gross Margin: 48.68% > 18% (prev 51.95%; Δ -3.27% > 0.5%) |
| Asset Turnover: 24.44% > 50% (prev 24.92%; Δ -0.48% > 0%) |
| Interest Coverage Ratio: 28.13 > 6 (EBIT TTM 806.0m / Interest Expense TTM 28.7m) |
| A: 0.03 (Total Current Assets 1.18b - Total Current Liabilities 896.9m) / Total Assets 10.2b |
| B: -0.12 (Retained Earnings -1.28b / Total Assets 10.2b) |
| C: 0.10 (EBIT TTM 806.0m / Avg Total Assets 8.28b) |
| D: 2.03 (Book Value of Equity 6.85b / Total Liabilities 3.38b) |
| Altman-Z'' = 2.55 = A |
| DSRI: 1.04 (Receivables 207.5m/156.0m, Revenue 2.02b/1.57b) |
| GMI: 1.07 (GM 51.95% / 48.68%) |
| AQI: 1.59 (AQ_t 0.08 / AQ_t-1 0.05) |
| SGI: 1.29 (Revenue 2.02b / 1.57b) |
| TATA: -0.01 (NI 604.7m - CFO 658.2m) / TA 10.2b) |
| Beneish M = -2.38 (Cap -4..+1) = BBB |
As of October 14, 2026, the stock is trading at USD 36.65 with a total of 2,574,304 shares traded. Over the past week, the price has changed by -4.90%, over one month by -10.96%, over three months by +25.98% and over the past year by +28.15%.
Current recommended Stop Loss: 34.30 (which is 6.4% or 1.4 ATR below the current price).
Eldorado Gold has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy EGO.
- StrongBuy: 4
- Buy: 3
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 46.5 | 26.9% |
P/E Trailing = 12.7735
P/E Forward = 8.3963
P/S = 4.7059
P/B = 1.6284
P/EG = 5.958
Revenue TTM = 2.02b USD
EBIT TTM = 806.0m USD
EBITDA TTM = 1.05b USD
Long Term Debt = 1.52b USD (from longTermDebt, last quarter)
Short Term Debt = 236.8m USD (from shortTermDebt, last quarter)
Debt = 1.77b USD (from shortLongTermDebtTotal, last quarter) + Leases 13.2m
Net Debt = 1.22b USD (calculated: Debt 1.77b - CCE 553.9m)
Enterprise Value = 10.8b USD (9.56b + Debt 1.77b - CCE 553.9m)
Interest Coverage Ratio = 28.13 (Ebit TTM 806.0m / Interest Expense TTM 28.7m)
EV/FCF = -17.27x (Enterprise Value 10.8b / FCF TTM -624.4m)
FCF Yield = -5.79% (FCF TTM -624.4m / Enterprise Value 10.8b)
FCF Margin = -30.86% (FCF TTM -624.4m / Revenue TTM 2.02b)
Net Margin = 29.89% (Net Income TTM 604.7m / Revenue TTM 2.02b)
Gross Margin = 48.68% ((Revenue TTM 2.02b - Cost of Revenue TTM 1.04b) / Revenue TTM)
Gross Margin QoQ = 46.25% (prev 54.51%)
Tobins Q-Ratio = 1.05 (Enterprise Value 10.8b / Total Assets 10.2b)
Interest Expense / Debt = 1.61% (Interest Expense 28.7m / Debt 1.77b)
Taxrate = 23.05% (184.4m / 800.1m)
NOPAT = 620.3m (EBIT 806.0m * (1 - 23.05%))
Current Ratio = 1.31 (Total Current Assets 1.18b / Total Current Liabilities 896.9m)
Debt / Equity = 0.26 (Debt 1.77b / totalStockholderEquity, last quarter 6.85b)
Debt / EBITDA = 1.16 (Net Debt 1.22b / EBITDA 1.05b)
Debt / FCF = -1.95 (negative FCF - burning cash) (Net Debt 1.22b / FCF TTM -624.4m)
Total Stockholder Equity = 4.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.30% (Net Income 604.7m / Total Assets 10.2b)
RoE = 12.38% (Net Income TTM 604.7m / Total Stockholder Equity 4.89b)
RoCE = 12.59% (EBIT 806.0m / Capital Employed (Equity 4.89b + L.T.Debt 1.52b))
RoIC = 6.54% (NOPAT 620.3m / Invested Capital 9.48b)
WACC = 6.91% (E(9.56b)/V(11.3b) * Re(7.96%) + D(1.77b)/V(11.3b) * Rd(1.61%) * (1-Tc(0.23)))
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 44.80 | Cagr: 10.24%
[DCF] Fair Price = unknown (Cash Flow -624.4m)
EPS Correlation: 96.66 | EPS CAGR: 74.30% | SUE: 0.16 | # QB: 0
Revenue Correlation: 99.54 | Revenue CAGR: 34.92% | SUE: -0.57 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.70 | Chg30d=-25.72% | Revisions=-40% | Analysts=5
EPS current Year (2026-12-31): EPS=3.38 | Chg30d=-2.26% | Revisions=-38% | GrowthEPS=+92.9% | GrowthRev=+36.5%
EPS next Year (2027-12-31): EPS=5.30 | Chg30d=-1.52% | Revisions=-29% | GrowthEPS=+57.1% | GrowthRev=+62.6%
[Analyst] Revisions Ratio: -50% (up=2, down=9)