(EGO) Eldorado Gold - Overview

Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 7.060m USD | Total Return: 102.9% in 12m

Gold, Silver, Lead, Zinc
Total Rating 51
Safety 45
Buy Signal 0.43
Gold
Industry Rotation: +1.9
Market Cap: 7.06B
Avg Turnover: 79.4M USD
ATR: 5.99%
Peers RS (IBD): 26.6
Risk 5d forecast
Volatility51.2%
Rel. Tail Risk-1.19%
Reward TTM
Sharpe Ratio1.69
Alpha114.83
Character TTM
Beta0.426
Beta Downside1.101
Drawdowns 3y
Max DD36.73%
CAGR/Max DD1.29
EPS (Earnings per Share) EPS (Earnings per Share) of EGO over the last years for every Quarter: "2021-03": 0.12, "2021-06": 0.16, "2021-09": 0.22, "2021-12": 0.14, "2022-03": -0.1, "2022-06": 0.08, "2022-09": -0.04, "2022-12": 0.14, "2023-03": 0.11, "2023-06": 0.09, "2023-09": 0.17, "2023-12": 0.24, "2024-03": 0.27, "2024-06": 0.33, "2024-09": 0.35, "2024-12": 0.62, "2025-03": 0.28, "2025-06": 0.44, "2025-09": 0.41, "2025-12": 0.63, "2026-03": 0,
EPS CAGR: -19.17%
EPS Trend: 61.0%
Last SUE: -4.00
Qual. Beats: 0
Revenue Revenue of EGO over the last years for every Quarter: 2021-03: 228.394, 2021-06: 229.739, 2021-09: 238.441, 2021-12: 244.631, 2022-03: 193.006, 2022-06: 213.447, 2022-09: 222.072, 2022-12: 246.167, 2023-03: 227.815, 2023-06: 228.993, 2023-09: 244.828, 2023-12: 306.865, 2024-03: 257.967, 2024-06: 296.24689, 2024-09: 331.758, 2024-12: 435.715, 2025-03: 355.245, 2025-06: 451.724, 2025-09: 429.907577, 2025-12: 586.031683, 2026-03: null,
Rev. CAGR: 34.47%
Rev. Trend: 94.8%
Last SUE: 3.78
Qual. Beats: 1

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: EGO Eldorado Gold

Eldorado Gold Corp (NYSE: EGO) is a Vancouver-based miner with a diversified portfolio of gold-centric assets in Turkey, Canada and Greece, including 100% ownership of the Kisladag and Efemçukuru mines (Turkey), the Lamaque complex (Quebec), and several Greek operations such as Olympias, Stratoni, Skouries, Perama Hill and Sapes.

In its most recent quarter (Q4 2025), Eldorado produced 115,000 oz of gold, a 7% increase year-over-year, and generated $210 million of operating cash flow, driven by higher realized gold prices (≈ $2,050/oz) and improved mine-site efficiencies. The company’s debt-to-equity ratio fell to 0.45, reflecting a disciplined balance-sheet reduction program.

Sector-wide, gold demand remains buoyant as central banks continue net purchases (≈ 400 t in 2025) and inflation-hedge sentiment stays strong amid lingering geopolitical uncertainties, supporting price momentum that benefits mid-tier producers like Eldorado.

For a deeper dive into how these dynamics translate into valuation metrics, you might want to explore ValueRay’s analysis. 

Headlines to Watch Out For
  • Gold price fluctuations impact revenue and profitability
  • Turkish mining regulations pose operational risks
  • Canadian project development costs affect margins
  • Greek political instability threatens mining permits
Piotroski VR‑10 (Strict) 7.5
Net Income: 510.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.03 > 0.02 and ΔFCF/TA -3.26 > 1.0
NWC/Revenue: 36.07% < 20% (prev 80.95%; Δ -44.88% < -1%)
CFO/TA 0.10 > 3% & CFO 688.0m > Net Income 510.3m
Net Debt (1.19b) to EBITDA (838.2m): 1.42 < 3
Current Ratio: 1.83 > 1.5 & < 3
Outstanding Shares: last quarter (199.7m) vs 12m ago -2.55% < -2%
Gross Margin: 46.38% > 18% (prev 0.48%; Δ 4.59k% > 0.5%)
Asset Turnover: 29.05% > 50% (prev 22.65%; Δ 6.40% > 0%)
Interest Coverage Ratio: 20.66 > 6 (EBITDA TTM 838.2m / Interest Expense TTM 27.8m)
Altman Z'' 1.25
A: 0.10 (Total Current Assets 1.45b - Total Current Liabilities 787.6m) / Total Assets 6.72b
B: -0.23 (Retained Earnings -1.57b / Total Assets 6.72b)
C: 0.09 (EBIT TTM 574.4m / Avg Total Assets 6.28b)
D: 0.72 (Book Value of Equity 1.75b / Total Liabilities 2.44b)
Altman-Z'' Score: 1.25 = BB
Beneish M -1.80
DSRI: 1.84 (Receivables 278.7m/109.9m, Revenue 1.82b/1.32b)
GMI: 1.03 (GM 46.38% / 47.63%)
AQI: 1.46 (AQ_t 0.06 / AQ_t-1 0.04)
SGI: 1.38 (Revenue 1.82b / 1.32b)
TATA: -0.03 (NI 510.3m - CFO 688.0m) / TA 6.72b)
Beneish M-Score: -1.80 (Cap -4..+1) = B
What is the price of EGO shares? As of April 12, 2026, the stock is trading at USD 36.46 with a total of 1,911,264 shares traded.
Over the past week, the price has changed by +1.59%, over one month by -14.19%, over three months by -8.97% and over the past year by +102.89%.
Is EGO a buy, sell or hold? Eldorado Gold has received a consensus analysts rating of 3.44. Therefor, it is recommend to hold EGO.
  • StrongBuy: 1
  • Buy: 3
  • Hold: 4
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the EGO price?
Analysts Target Price 49 34.4%
Eldorado Gold (EGO) - Fundamental Data Overview as of 10 April 2026
P/E Trailing = 13.8638
P/E Forward = 7.5245
P/S = 3.8815
P/B = 1.6581
P/EG = 5.958
Revenue TTM = 1.82b USD
EBIT TTM = 574.4m USD
EBITDA TTM = 838.2m USD
Long Term Debt = 1.23b USD (from longTermDebt, last quarter)
Short Term Debt = 53.9m USD (from shortTermDebt, last quarter)
Debt = 1.30b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.19b USD (recalculated: Debt 1.30b - CCE 101.7m)
Enterprise Value = 8.25b USD (7.06b + Debt 1.30b - CCE 101.7m)
Interest Coverage Ratio = 20.66 (Ebit TTM 574.4m / Interest Expense TTM 27.8m)
EV/FCF = -44.76x (Enterprise Value 8.25b / FCF TTM -184.4m)
FCF Yield = -2.23% (FCF TTM -184.4m / Enterprise Value 8.25b)
FCF Margin = -10.12% (FCF TTM -184.4m / Revenue TTM 1.82b)
Net Margin = 28.00% (Net Income TTM 510.3m / Revenue TTM 1.82b)
Gross Margin = 46.38% ((Revenue TTM 1.82b - Cost of Revenue TTM 977.5m) / Revenue TTM)
Gross Margin QoQ = 49.28% (prev 43.32%)
Tobins Q-Ratio = 1.23 (Enterprise Value 8.25b / Total Assets 6.72b)
Interest Expense / Debt = 0.59% (Interest Expense 7.64m / Debt 1.30b)
Taxrate = 4.05% (22.5m / 553.8m)
NOPAT = 551.1m (EBIT 574.4m * (1 - 4.05%))
Current Ratio = 1.83 (Total Current Assets 1.45b / Total Current Liabilities 787.6m)
Debt / Equity = 0.30 (Debt 1.30b / totalStockholderEquity, last quarter 4.27b)
Debt / EBITDA = 1.42 (Net Debt 1.19b / EBITDA 838.2m)
 Debt / FCF = -6.48 (negative FCF - burning cash) (Net Debt 1.19b / FCF TTM -184.4m)
 Total Stockholder Equity = 4.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.13% (Net Income 510.3m / Total Assets 6.72b)
RoE = 12.40% (Net Income TTM 510.3m / Total Stockholder Equity 4.12b)
RoCE = 10.75% (EBIT 574.4m / Capital Employed (Equity 4.12b + L.T.Debt 1.23b))
RoIC = 10.44% (NOPAT 551.1m / Invested Capital 5.28b)
WACC = 6.41% (E(7.06b)/V(8.36b) * Re(7.48%) + D(1.30b)/V(8.36b) * Rd(0.59%) * (1-Tc(0.04)))
Discount Rate = 7.48% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -33.33 | Cagr: -0.84%
 [DCF] Fair Price = unknown (Cash Flow -184.4m)
 EPS Correlation: 60.98 | EPS CAGR: -19.17% | SUE: -4.0 | # QB: 0
Revenue Correlation: 94.78 | Revenue CAGR: 34.47% | SUE: 3.78 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.71 | Chg7d=-0.082 | Chg30d=-0.004 | Revisions Net=-1 | Analysts=5
EPS current Year (2026-12-31): EPS=4.67 | Chg7d=+0.000 | Chg30d=+0.381 | Revisions Net=+0 | Growth EPS=+166.7% | Growth Revenue=+55.5%
EPS next Year (2027-12-31): EPS=6.94 | Chg7d=+0.000 | Chg30d=+0.476 | Revisions Net=+0 | Growth EPS=+48.7% | Growth Revenue=+42.7%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 0.7% (Discount Rate 7.9% - Earnings Yield 7.2%)
[Growth] Growth Spread = +7.5% (Analyst 8.2% - Implied 0.7%)
External Resources
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