Eldorado Gold Corp. (NYSE: EGO) kicked off on Friday, down -3.39% from the previous trading day, before settling in for the closing price of $17.99. Over the past 52 weeks, EGO has traded in a range of $9.72-$19.06.
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Basic Materials Sector giant saw their annual sales surged by 20.20% over the last five years. While this was happening, its average annual earnings per share was recorded 148.75%. With a float of $203.28 million, this company’s outstanding shares have now reached $204.76 million.
The firm has a total of 4869 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.58%, operating margin of 23.71%, and the pretax margin is 19.89%.
Eldorado Gold Corp. (EGO) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Eldorado Gold Corp. is 0.72%, while institutional ownership is 74.08%.
Eldorado Gold Corp. (EGO) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.17 earnings per share (EPS), higher than consensus estimate (set at 0.06) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 148.75% per share during the next fiscal year.
Eldorado Gold Corp. (NYSE: EGO) Trading Performance Indicators
Take a look at Eldorado Gold Corp.’s (EGO) current performance indicators. Last quarter, stock had a quick ratio of 2.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.84, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.76 in one year’s time.
Technical Analysis of Eldorado Gold Corp. (EGO)
Analysing the last 5-days average volume posted by the [Eldorado Gold Corp., EGO], we can find that recorded value of 1.57 million was better than the volume posted last year of 1.51 million. As of the previous 9 days, the stock’s Stochastic %D was 30.97%. Additionally, its Average True Range was 0.55.
During the past 100 days, Eldorado Gold Corp.’s (EGO) raw stochastic average was set at 65.85%, which indicates a significant increase from 40.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.79% in the past 14 days, which was lower than the 35.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.47, while its 200-day Moving Average is $15.12. Now, the first resistance to watch is $17.73. This is followed by the second major resistance level at $18.09. The third major resistance level sits at $18.27. If the price goes on to break the first support level at $17.19, it is likely to go to the next support level at $17.01. Should the price break the second support level, the third support level stands at $16.65.
Eldorado Gold Corp. (NYSE: EGO) Key Stats
The company with the Market Capitalisation of 3.56 billion has total of 204,761K Shares Outstanding. Its annual sales at the moment are 1,009 M in contrast with the sum of 104,630 K annual income. Company’s last quarter sales were recorded 297,140 K and last quarter income was 55,480 K.
