Eldorado Gold Corp (NYSE: EGO) kicked off on Monday, down -5.25% from the previous trading day, before settling in for the closing price of $16.56. Over the past 52 weeks, EGO has traded in a range of $9.72-$19.06.
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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. While this was happening, its average annual earnings per share was recorded 150.97%. With a float of $203.44 million, this company’s outstanding shares have now reached $204.91 million.
In an organization with 4869 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 31.27%, operating margin of 26.87%, and the pretax margin is 25.5%.
Eldorado Gold Corp (EGO) Insider and Institutional Ownership
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 78.75%.
Eldorado Gold Corp (EGO) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.24 earnings per share (EPS), higher than consensus estimate (set at 0.2) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 150.97% 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 2.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 1.79 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 0.94 million. That was inferior than the volume of 1.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.71%. Additionally, its Average True Range was 0.60.
During the past 100 days, Eldorado Gold Corp’s (EGO) raw stochastic average was set at 15.43%, which indicates a significant decrease from 35.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.12% in the past 14 days, which was higher than the 37.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.11, while its 200-day Moving Average is $15.54. However, in the short run, Eldorado Gold Corp’s stock first resistance to watch stands at $15.98. Second resistance stands at $16.26. The third major resistance level sits at $16.43. If the price goes on to break the first support level at $15.53, it is likely to go to the next support level at $15.36. The third support level lies at $15.08 if the price breaches the second support level.
Eldorado Gold Corp (NYSE: EGO) Key Stats
The company with the Market Capitalisation of 4.50 billion has total of 204,910K 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 331,760 K and last quarter income was 94,970 K.
