Eldorado Gold Corp (NYSE: EGO) on Monday, soared 5.90% from the previous trading day, before settling in for the closing price of $27.14. Within the past 52 weeks, EGO’s price has moved between $13.29 and $30.89.
Basic Materials Sector giant saw their annual sales surged by 22.81% over the last five years. The company achieved an average annual earnings per share of 1.12%. With a float of $200.18 million, this company’s outstanding shares have now reached $200.80 million.
Eldorado Gold Corp (EGO) Insider Activity
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Eldorado Gold Corp is 0.54%, while institutional ownership is 75.45%.
Eldorado Gold Corp (EGO) Earnings and Forecasts
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.62 earnings per share (EPS) for the period topping the consensus outlook (set at 0.56) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 52.18% 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
Eldorado Gold Corp (EGO) is currently performing well based on its current performance indicators. A quick ratio of 2.28 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.80, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 4.45 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 1.38 million was lower than the volume posted last year of 1.98 million. As of the previous 9 days, the stock’s Stochastic %D was 37.86%.
During the past 100 days, Eldorado Gold Corp’s (EGO) raw stochastic average was set at 80.92%, which indicates a significant decrease from 87.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.14 in the past 14 days, which was higher than the 0.87 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.65, while its 200-day Moving Average is $21.54. Now, the first resistance to watch is $29.30. This is followed by the second major resistance level at $29.87. The third major resistance level sits at $30.95. If the price goes on to break the first support level at $27.65, it is likely to go to the next support level at $26.57. Should the price break the second support level, the third support level stands at $26.00.
Eldorado Gold Corp (NYSE: EGO) Key Stats
Market capitalization of the company is 5.78 billion based on 200,928K outstanding shares. Right now, sales total 1,323 M and income totals 289,120 K. The company made 434,730 K in profit during its latest quarter, and 56,030 K in sales during its previous quarter.
