A new trading day began on Friday, with Eldorado Gold Corp (NYSE: EGO) stock price down -5.93% from the previous day of trading, before settling in for the closing price of $17.37. EGO’s price has ranged from $9.72 to $19.06 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 20.20% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 151.21%. With a float of $203.28 million, this company’s outstanding shares have now reached $204.76 million.
In an organization with 4869 employees, it is important to assess its efficiency. 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Eldorado Gold Corp is 0.72%, while institutional ownership is 74.62%.
Eldorado Gold Corp (EGO) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.24 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 151.21% per share during the next fiscal year.
Eldorado Gold Corp (NYSE: EGO) Trading Performance Indicators
Here are Eldorado Gold Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 1.75 in one year’s time.
Technical Analysis of Eldorado Gold Corp (EGO)
Let’s dig in a bit further. During the last 5-days, its volume was 2.0 million. That was better than the volume of 1.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.02%. Additionally, its Average True Range was 0.64.
During the past 100 days, Eldorado Gold Corp’s (EGO) raw stochastic average was set at 44.72%, which indicates a significant increase from 1.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.35% in the past 14 days, which was higher than the 34.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.43, while its 200-day Moving Average is $15.24. However, in the short run, Eldorado Gold Corp’s stock first resistance to watch stands at $17.36. Second resistance stands at $18.38. The third major resistance level sits at $18.91. If the price goes on to break the first support level at $15.81, it is likely to go to the next support level at $15.28. The third support level lies at $14.26 if the price breaches the second support level.
Eldorado Gold Corp (NYSE: EGO) Key Stats
With a market capitalization of 4.40 billion, the company has a total of 204,910K Shares Outstanding. Currently, annual sales are 1,009 M while annual income is 104,630 K. The company’s previous quarter sales were 297,140 K while its latest quarter income was 55,480 K.
