On Friday, Eldorado Gold Corp (NYSE: EGO) was -1.75% drop from the session before settling in for the closing price of $19.41. A 52-week range for EGO has been $13.29 – $20.65.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 19.63%. When this article was written, the company’s average yearly earnings per share was at 1.09%. With a float of $204.00 million, this company’s outstanding shares have now reached $204.95 million.
Considering the fact that the conglomerate employs 5884 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 41.08%, operating margin of 31.53%, and the pretax margin is 33.01%.
Eldorado Gold Corp (EGO) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Eldorado Gold Corp stocks. The insider ownership of Eldorado Gold Corp is 0.71%, while institutional ownership is 82.03%.
Eldorado Gold Corp (EGO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 1.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.36% during the next five years compared to 22.81% growth over the previous five years of trading.
Eldorado Gold Corp (NYSE: EGO) Trading Performance Indicators
You can see what Eldorado Gold Corp (EGO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.96. Likewise, its price to free cash flow for the trailing twelve months is 153.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 2.49 in one year’s time.
Technical Analysis of Eldorado Gold Corp (EGO)
Compared to the last year’s volume of 2.04 million, its volume of 2.09 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 42.95%. Additionally, its Average True Range was 0.84.
During the past 100 days, Eldorado Gold Corp’s (EGO) raw stochastic average was set at 78.53%, which indicates a significant increase from 70.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.96% in the past 14 days, which was higher than the 49.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.17, while its 200-day Moving Average is $16.36. Nevertheless, the first resistance level for the watch stands at $19.22 in the near term. At $19.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.55. If the price goes on to break the first support level at $18.89, it is likely to go to the next support level at $18.70. Should the price break the second support level, the third support level stands at $18.56.
Eldorado Gold Corp (NYSE: EGO) Key Stats
There are 205,470K outstanding shares of the company, which has a market capitalization of 3.92 billion. As of now, sales total 1,323 M while income totals 289,120 K. Its latest quarter income was 435,720 K while its last quarter net income were 105,070 K.
