Eldorado Gold Corp Stock Price on November 22, 2024

EGO Stock  USD 15.19  0.22  1.47%   
Below is the normalized historical share price chart for Eldorado Gold Corp extending back to January 23, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Eldorado Gold stands at 15.19, as last reported on the 22nd of December, with the highest price reaching 15.36 and the lowest price hitting 15.05 during the day.
IPO Date
23rd of January 2003
200 Day MA
15.9764
50 Day MA
16.5954
Beta
1.233
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Eldorado Stock, it is important to understand the factors that can impact its price. Eldorado Gold Corp secures Sharpe Ratio (or Efficiency) of -0.0751, which denotes the company had a -0.0751% return per unit of standard deviation over the last 3 months. Eldorado Gold Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eldorado Gold's Standard Deviation of 2.51, mean deviation of 1.86, and Coefficient Of Variation of (1,524) to check the risk estimate we provide.
  
At this time, Eldorado Gold's Common Stock Total Equity is very stable compared to the past year. As of the 22nd of December 2024, Capital Stock is likely to grow to about 3.5 B, while Total Stockholder Equity is likely to drop about 2.2 B. . At this time, Eldorado Gold's Price Earnings Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 6.91, while Price To Sales Ratio is likely to drop 2.38. Eldorado Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0751

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsEGO

Estimated Market Risk

 2.52
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Eldorado Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eldorado Gold by adding Eldorado Gold to a well-diversified portfolio.
Price Book
0.8252
Enterprise Value Ebitda
5.7398
Price Sales
2.6074
Shares Float
184.7 M
Wall Street Target Price
21.05

Eldorado Gold Main Headline on 22nd of November 2024

Navellier Associates Inc. Acquires Shares of 50,555 Eldorado Gold Co. MarketBeat

Eldorado Gold Valuation on November 22, 2024

It is possible to determine the worth of Eldorado Gold on a given historical date. On November 22, 2024 Eldorado was worth 16.74 at the beginning of the trading date compared to the closed value of 16.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eldorado Gold stock. Still, in general, we apply an absolute valuation method to find Eldorado Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Eldorado Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eldorado Gold's related companies.
 Open High Low Close Volume
  16.39    16.68    16.18    16.66    904,807  
11/22/2024
  16.74    16.75    16.47    16.56    832,140  
  16.10    16.10    15.66    15.69    1,058,346  
Backtest Eldorado Gold  |  Eldorado Gold History  |  Eldorado Gold Valuation   PreviousNext  
Open Value
16.74
16.56
Closing Value
24.31
Upside

Eldorado Gold Trading Date Momentum on November 22, 2024

On November 25 2024 Eldorado Gold Corp was traded for  15.69  at the closing time. Highest Eldorado Gold's price during the trading hours was 16.10  and the lowest price during the day was  15.66 . The net volume was 1.1 M. The overall trading history on the 25th of November contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 5.25% . The overall trading delta to current price is 4.05% .

Eldorado Gold Corp Fundamentals Correlations and Trends

By evaluating Eldorado Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eldorado Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eldorado financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Eldorado Gold Stock history

Eldorado Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Eldorado is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eldorado Gold Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Eldorado Gold stock prices may prove useful in developing a viable investing in Eldorado Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding195.3 M98.9 M
Net Loss-318.4 M-302.5 M

Eldorado Gold Quarterly Net Working Capital

723.92 Million

Eldorado Gold Stock Technical Analysis

Eldorado Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Eldorado Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eldorado Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Eldorado Gold Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eldorado Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Eldorado Gold December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Eldorado Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eldorado Gold shares will generate the highest return on investment. By undertsting and applying Eldorado Gold stock market strength indicators, traders can identify Eldorado Gold Corp entry and exit signals to maximize returns

Eldorado Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Eldorado Gold's price direction in advance. Along with the technical and fundamental analysis of Eldorado Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eldorado to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Eldorado Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eldorado Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eldorado Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eldorado Gold Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eldorado Gold. If investors know Eldorado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eldorado Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.667
Earnings Share
1.41
Revenue Per Share
5.868
Quarterly Revenue Growth
0.355
Return On Assets
0.0386
The market value of Eldorado Gold Corp is measured differently than its book value, which is the value of Eldorado that is recorded on the company's balance sheet. Investors also form their own opinion of Eldorado Gold's value that differs from its market value or its book value, called intrinsic value, which is Eldorado Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eldorado Gold's market value can be influenced by many factors that don't directly affect Eldorado Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eldorado Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eldorado Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eldorado Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.