During the recent session, Eldorado Gold Corporation (NYSE:EGO)’s traded shares were 1.31 million, with the beta value of the company hitting 1.23. At the last check today, the stock’s price was $9.56, reflecting an intraday loss of -5.86% or -$0.59. The 52-week high for the EGO share is $12.11, that puts it down -26.67 from that peak though still a striking 47.07% gain since the share price plummeted to a 52-week low of $5.06. The company’s market capitalization is $1.88B, and the average intraday trading volume over the past 10 days was 1.15 million shares, and the average trade volume was 1.53 million shares over the past three months.

Eldorado Gold Corporation (EGO) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 2.60. EGO has a Sell rating from 1 analyst(s) out of 12 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 4 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.14.

Eldorado Gold Corporation (NYSE:EGO) trade information

Eldorado Gold Corporation (EGO) registered a -5.86% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.86% in intraday trading to $9.56 this Thursday, 07/27/23, hitting a weekly high. The stock’s 5-day price performance is -12.98%, and it has moved by -2.20% in 30 days. Based on these gigs, the overall price performance for the year is 65.60%. The short interest in Eldorado Gold Corporation (NYSE:EGO) is 2.89 million shares and it means that shorts have 2.25 day(s) to cover.

The consensus price target of analysts on Wall Street is $12.54, which implies an increase of 23.76% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.50 and $16.59 respectively. As a result, EGO is trading at a discount of -73.54% off the target high and 0.63% off the low.

Eldorado Gold Corporation (EGO) estimates and forecasts

Statistics show that Eldorado Gold Corporation has outperformed its competitors in share price, compared to the industry in which it operates. Eldorado Gold Corporation (EGO) shares have gone down -0.78% during the last six months, with a year-to-date growth rate more than the industry average at 700.00% against 15.30. Yet analysts are ramping up their growth forecast for the fiscal year 2023. Revenue is predicted to grow 450.00% this quarter and then drop -14.30% in the quarter after that. In the rating firms’ projections, revenue will increase 19.70% compared to the previous financial year.

Revenue for the current quarter is expected to be $289.12 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $284.2 million by the end of Dec 2023. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $217.7 million and $246.2 million respectively. In this case, analysts expect current quarter sales to grow by 32.80% and then jump by 15.40% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -41.40%. While earnings are projected to return -548.30% in 2023.

EGO Dividends

Eldorado Gold Corporation is due to release its next quarterly earnings on July 28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Eldorado Gold Corporation (NYSE:EGO)’s Major holders

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