Stocks of Eldorado Gold Corp (NYSE:EGO) traded higher last session on Wall Street, down -0.92% to $15.04.
EGO stock price is now -8.82% away from the 50-day moving average and -6.03% away from the 200-day moving average. The market capitalization of the company currently stands at $3.08B.
With the price target enhanced from $14 to $20, RBC Capital Mkts Upgraded its rating from Sector Perform to Outperform for Eldorado Gold Corp (NYSE: EGO). , while ‘BMO Capital Markets’ rates the stock as ‘Outperform’
A total of 0.72% of the company’s stock is owned by insiders.
During the past 12 months, Eldorado Gold Corp has had a low of $9.72 and a high of $19.06. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 3.20, and a quick ratio of 2.37. According to the stock market information, the enterprise value for the company is $3284588032, which is based on a 11.25 price-to-earnings ratio, a 0.23 price-to-earnings-growth ratio, and a beta of 0.94. The fifty day moving average price for EGO is $16.5488 and a two-hundred day moving average price translates $15.99125 for the stock.
The latest earnings results from Eldorado Gold Corp (NYSE: EGO) was released for 2024-09-30. The net profit margin was 22.98% and return on equity was 7.92% for EGO. The company reported revenue of $331.76 million for the quarter, compared to $244.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 35.51 percent. For the current quarter, analysts expect EGO to generate $421.75M in revenue.
