Eldorado Gold
Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The last earnings update was 18 days ago. More info.
Add to Portfolio Compare Print
- Eldorado Gold has significant price volatility in the past 3 months.
ELD Share Price and Events
7 Day Returns
1 Year Returns
ELD Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Eldorado Gold (ELD) | -3% | -16.1% | -18.1% | -25.6% | -83.7% | -85% |
| CA Metals and Mining | -0.1% | -5.5% | -4.7% | -14.3% | -16.1% | -22% |
| CA Market | -0.2% | -1.6% | 2.1% | -1.9% | 13.3% | 4.3% |
1 Year Return vs Industry and Market
- ELD underperformed the Metals and Mining industry which returned -14.3% over the past year.
- ELD underperformed the Market in Canada which returned -1.9% over the past year.
Price Volatility
Related Companies
Value
Is Eldorado Gold undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Eldorado Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$4.8.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Eldorado Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Eldorado Gold's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $-2.51 |
| TSX:ELD Share Price ** | TSX (2019-05-17) in CAD | CA$4.8 |
| TSX:ELD Share Price converted to USD reporting currency | Exchange rate (CAD/ USD) 0.743 | $3.57 |
| Canada Metals and Mining Industry PE Ratio | Median Figure of 111 Publicly-Listed Metals and Mining Companies | 12.65x |
| Canada Market PE Ratio | Median Figure of 545 Publicly-Listed Companies | 14.85x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Eldorado Gold.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSX:ELD Share Price ÷ EPS (both in USD) = 3.57 ÷ -2.51 |
-1.42x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Eldorado Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
- Eldorado Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does
Eldorado Gold's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -1.42x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts |
77%per year |
| Canada Metals and Mining Industry PEG Ratio | Median Figure of 35 Publicly-Listed Metals and Mining Companies | 0.62x |
| Canada Market PEG Ratio | Median Figure of 252 Publicly-Listed Companies | 1.16x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Eldorado Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Eldorado Gold's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $20.58 |
| TSX:ELD Share Price * | TSX (2019-05-17) in CAD | CA$4.8 |
| TSX:ELD Share Price converted to USD reporting currency | Exchange rate (CAD/ USD) 0.743 | $3.57 |
| Canada Metals and Mining Industry PB Ratio | Median Figure of 1,093 Publicly-Listed Metals and Mining Companies | 1.26x |
| Canada Market PB Ratio | Median Figure of 2,407 Publicly-Listed Companies | 1.41x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSX:ELD Share Price ÷ Book Value per Share (both in USD) = 3.57 ÷ 20.58 |
0.17x |
* Primary Listing of Eldorado Gold.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Eldorado Gold is good value based on assets compared to the CA Metals and Mining industry average.
Value checks
We assess Eldorado Gold's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Eldorado Gold has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Eldorado Gold's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
- Eldorado Gold's earnings growth is expected to exceed the Canada market average.
- Eldorado Gold's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| TSX:ELD Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts | 77% |
| TSX:ELD Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts | 6.9% |
| Canada Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 24.7% |
| Canada Metals and Mining Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| Canada Market Earnings Growth Rate | Market Cap Weighted Average | 14.5% |
| Canada Market Revenue Growth Rate | Market Cap Weighted Average | 6.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 666 | -11 | 1 | |
| 2021-12-31 | 632 | 128 | 19 | 5 |
| 2020-12-31 | 809 | 277 | 84 | 10 |
| 2019-12-31 | 610 | 156 | 10 | 10 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 407 | 47 | -398 |
| 2018-12-31 | 459 | 66 | -362 |
| 2018-09-30 | 468 | 98 | -165 |
| 2018-06-30 | 482 | 68 | -41 |
| 2018-03-31 | 411 | 3 | -5 |
| 2017-12-31 | 391 | 28 | -7 |
| 2017-09-30 | 405 | 62 | -10 |
| 2017-06-30 | 426 | 129 | 12 |
| 2017-03-31 | 450 | 154 | 10 |
| 2016-12-31 | 433 | 114 | -5 |
| 2016-09-30 | 427 | 107 | -1,171 |
| 2016-06-30 | 423 | 99 | -1,285 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
All data from Eldorado Gold Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | ||||
| 2021-12-31 | 0.12 | 0.16 | 0.08 | 2.00 |
| 2020-12-31 | 0.53 | 0.64 | 0.37 | 5.00 |
| 2019-12-31 | 0.00 | 0.05 | -0.04 | 4.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | -2.51 |
| 2018-12-31 | -2.28 |
| 2018-09-30 | -1.04 |
| 2018-06-30 | -0.26 |
| 2018-03-31 | -0.03 |
| 2017-12-31 | -0.05 |
| 2017-09-30 | -0.06 |
| 2017-06-30 | 0.08 |
| 2017-03-31 | 0.07 |
| 2016-12-31 | -0.03 |
| 2016-09-30 | -8.17 |
| 2016-06-30 | -8.97 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Eldorado Gold's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Eldorado Gold has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Eldorado Gold performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Eldorado Gold does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Eldorado Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Eldorado Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
All data from Eldorado Gold Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 407.14 | -397.57 | 92.24 | |
| 2018-12-31 | 459.02 | -361.88 | 91.19 | |
| 2018-09-30 | 467.59 | -164.52 | 96.12 | |
| 2018-06-30 | 481.87 | -40.66 | 102.81 | |
| 2018-03-31 | 411.43 | -5.25 | 99.46 | |
| 2017-12-31 | 391.41 | -7.14 | 107.50 | |
| 2017-09-30 | 404.71 | -9.50 | 95.32 | |
| 2017-06-30 | 425.59 | 11.67 | 84.59 | |
| 2017-03-31 | 449.91 | 10.24 | 80.19 | |
| 2016-12-31 | 432.73 | -4.78 | 72.79 | |
| 2016-09-30 | 426.96 | -1,170.61 | 71.45 | |
| 2016-06-30 | 423.10 | -1,285.49 | 71.86 | |
| 2016-03-31 | 440.60 | -1,503.63 | 71.62 | |
| 2015-12-31 | 479.08 | -1,518.50 | 79.20 | |
| 2015-09-30 | 629.13 | -315.58 | 81.24 | |
| 2015-06-30 | 780.27 | -197.91 | 88.76 | |
| 2015-03-31 | 921.20 | 48.29 | 100.68 | |
| 2014-12-31 | 1,067.90 | 102.61 | 104.82 | |
| 2014-09-30 | 1,040.62 | -598.86 | 110.42 | |
| 2014-06-30 | 1,064.36 | -582.24 | 114.76 | |
| 2014-03-31 | 1,065.79 | -576.60 | 118.47 | |
| 2013-12-31 | 1,123.99 | -653.33 | 124.95 | |
| 2013-09-30 | 1,242.21 | 149.20 | 125.92 | |
| 2013-06-30 | 1,236.80 | 188.64 | 130.68 | |
| 2013-03-31 | 1,214.06 | 191.99 | 132.45 | |
| 2012-12-31 | 1,147.54 | 305.30 | 133.35 | |
| 2012-09-30 | 1,102.23 | 279.17 | 136.32 | |
| 2012-06-30 | 1,147.75 | 305.80 | 124.78 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Eldorado Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Eldorado Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Eldorado Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Eldorado Gold's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Eldorado Gold has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Eldorado Gold's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Eldorado Gold's finances.
The net worth of a company is the difference between its assets and liabilities.
- Eldorado Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Eldorado Gold's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Eldorado Gold Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 3,321.42 | 616.75 | 230.17 |
| 2018-12-31 | 3,347.09 | 602.52 | 295.53 |
| 2018-09-30 | 3,577.29 | 601.54 | 387.82 |
| 2018-06-30 | 3,706.98 | 594.88 | 433.52 |
| 2018-03-31 | 3,731.13 | 594.33 | 463.83 |
| 2017-12-31 | 3,723.48 | 593.89 | 490.02 |
| 2017-09-30 | 3,746.26 | 593.24 | 551.26 |
| 2017-06-30 | 3,589.93 | 592.69 | 799.00 |
| 2017-03-31 | 3,581.35 | 591.85 | 919.07 |
| 2016-12-31 | 3,571.46 | 591.59 | 916.79 |
| 2016-09-30 | 3,674.35 | 601.04 | 409.10 |
| 2016-06-30 | 3,669.67 | 620.49 | 172.41 |
| 2016-03-31 | 3,933.16 | 589.94 | 262.84 |
| 2015-12-31 | 3,921.44 | 589.40 | 310.90 |
| 2015-09-30 | 5,262.97 | 588.85 | 404.78 |
| 2015-06-30 | 5,372.90 | 596.88 | 460.22 |
| 2015-03-31 | 5,567.27 | 606.04 | 503.68 |
| 2014-12-31 | 5,577.91 | 603.54 | 505.57 |
| 2014-09-30 | 5,568.26 | 594.98 | 566.81 |
| 2014-06-30 | 5,550.73 | 602.86 | 589.16 |
| 2014-03-31 | 5,510.00 | 602.51 | 622.52 |
| 2013-12-31 | 5,494.86 | 601.41 | 628.27 |
| 2013-09-30 | 6,170.45 | 601.18 | 728.60 |
| 2013-06-30 | 6,169.36 | 597.30 | 746.03 |
| 2013-03-31 | 6,122.35 | 596.66 | 830.89 |
| 2012-12-31 | 6,213.34 | 593.32 | 818.83 |
| 2012-09-30 | 6,133.57 | 95.66 | 274.45 |
| 2012-06-30 | 6,091.87 | 147.40 | 320.01 |
- Eldorado Gold's level of debt (18.6%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (10.9% vs 18.6% today).
CASH RUNWAY ANALYSIS
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
- Eldorado Gold has less than a year of cash runway based on current free cash flow.
- Eldorado Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.4% each year.
Financial health checks
We assess Eldorado Gold's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Eldorado Gold has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Eldorado Gold's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
CA$2,000 of
Eldorado Gold
shares you are expected to receive
CA$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Eldorado Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Eldorado Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| Canada Metals and Mining Industry Average Dividend Yield | Market Cap Weighted Average of 28 Stocks | 1.3% |
| Canada Market Average Dividend Yield | Market Cap Weighted Average of 332 Stocks | 3.5% |
| Canada Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Canada Bottom 25% Dividend Yield | 25th Percentile | 2% |
| Canada Top 25% Dividend Yield | 75th Percentile | 5.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2022-12-31 | 0.00 | 1.00 |
| 2021-12-31 | 0.02 | 3.00 |
| 2020-12-31 | 0.02 | 4.00 |
| 2019-12-31 | 0.00 | 5.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2017-07-27 | 0.000 | 0.000 |
| 2017-04-27 | 0.000 | 0.000 |
| 2017-02-23 | 0.000 | 0.000 |
| 2016-10-28 | 0.000 | 0.000 |
| 2016-10-27 | 0.000 | 0.000 |
| 2016-07-28 | 0.000 | 0.000 |
| 2016-05-12 | 0.000 | 0.000 |
| 2016-05-11 | 0.000 | 0.000 |
| 2016-03-23 | 0.000 | 0.000 |
| 2015-10-30 | 0.068 | 0.499 |
| 2015-07-30 | 0.075 | 0.457 |
| 2015-01-20 | 0.077 | 0.348 |
| 2014-10-30 | 0.083 | 0.275 |
| 2014-08-01 | 0.088 | 0.243 |
| 2014-01-16 | 0.267 | 0.844 |
| 2013-08-06 | 0.548 | 1.733 |
| 2013-01-09 | 0.614 | 1.546 |
| 2012-07-27 | 0.745 | 1.117 |
| 2012-01-09 | 0.864 | 1.390 |
| 2011-11-03 | 0.572 | 0.725 |
| 2011-07-28 | 0.565 | 0.644 |
| 2011-01-10 | 0.499 | 0.633 |
| 2010-10-28 | 0.484 | 0.545 |
| 2010-07-29 | 0.472 | 0.517 |
| 2010-05-10 | 0.463 | 0.568 |
| 2010-05-07 | 0.246 | 0.307 |
| 2010-05-06 | 0.246 | 0.306 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Eldorado Gold has not reported any payouts.
- Unable to verify if Eldorado Gold's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Eldorado Gold's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Eldorado Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Eldorado Gold has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $3,960,000 |
| AGE | 58 |
| TENURE AS CEO | 2.1 years |
CEO Bio
Mr. George Raymond Burns has been the Chief Executive Officer and President of Eldorado Gold Corporation since April 28, 2017. Mr. Burns served as the Chief Operating Officer and Executive Vice President of GoldCorp Inc. since August 8, 2012 until December 2016. He served as the Chief Operating Officer and Executive Vice President of Goldcorp Canada Ltd. until January 1, 2017. He has over 35 years of experience in the mineral sector, including executive, operations, development and engineering leadership roles in gold, copper and coal operations. He served as Senior Vice President of Mexico at GoldCorp Inc. from April 1, 2011 to August 2012 and served as its Senior Vice President of Canada & US Operations from July 8, 2010 to April 1, 2011. He served as Vice President of Canada and United States at GoldCorp Inc. from joining on August 8, 2007 to July 8, 2010. Mr. Burns served as Chief Operating Officer and Vice President of Centerra Gold Inc. from 2003 to June 2007. From 1983 to 1996, he served in various capacities for Cyprus Minerals Corporation, including Resident Manager of the Copperstone Gold Mine from 1991 to 1994. He joined Asarco Incorporated in 1996 and served as its General Manager of the Ray Copper Mine since 1999. He served as Vice President of Mining Operations at Asarco Incorporated since 2002. He joined Cameco Gold in 2003 as Vice President and Chief Operating Officer. He began his career with the Anaconda Company in 1978. Mr. Burns has been Director of Eldorado Gold Corporation since April 27, 2017. He is a Member of the Society of Mining, Metallurgical and Exploration Inc. and the Prospectors and Developers Association of Canada. Mr. Burns received a Bachelor of Science degree in Mining Engineering from the Montana College of Mineral Science and Technology in 1982.
CEO Compensation
- George's compensation has been consistent with company performance over the past year.
- George's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the Eldorado Gold management team in years:
- The average tenure for the Eldorado Gold management team is less than 2 years, this suggests a new team.
Management Team
George Burns
President
$4M
58
2.1 yrs
Phil Yee
Executive VP & CFO
$4M
0.7 yrs
Paul Skayman
Executive VP & COO
$2M
53
6.8 yrs
Jason Cho
Executive VP & Chief Strategy Officer
$2M
0.3 yrs
Charles Parker
Corporate Controller
$564K
Peter Lekich
Manager of Investor Relations
Tim Garvin
Executive VP & General Counsel
1.3 yrs
Lisa Ower
Vice President of Human Resources
Peter Lewis
Vice President of Exploration
10 yrs
Shane Williams
Senior Vice President of Capital Projects and Greece & Quebec Operations
1 yrs
Board of Directors Tenure
Average tenure and age of the Eldorado Gold board of directors in years:
- The tenure for the Eldorado Gold board of directors is about average.
Board of Directors
George Albino
Non-Executive Chairman
$382K
60
1.3 yrs
George Burns
President
$4M
58
2.1 yrs
Steve Reid
Independent Director
$228K
62
6 yrs
Pamela Gibson
Independent Director
$229K
65
4.7 yrs
John Webster
Independent Director
$230K
63
4.3 yrs
Geoff Handley
Independent Director
$242K
68
12.8 yrs
Mike Price
Independent Director
$227K
62
8 yrs
Teresa Conway
Independent Director
$66K
59
0.9 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Eldorado Gold insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15. Mar 19 | Buy | Teresa Conway | Individual | 14. Mar 19 | 14. Mar 19 | 3,000 | CA$6.20 | CA$18,600 | ||
| 09. Aug 18 | Buy | Steven Reid | Individual | 07. Aug 18 | 07. Aug 18 | 5,000 | CA$6.77 | CA$33,840 | ||
| 29. Jun 18 | Buy | Paul Skayman | Individual | 28. Jun 18 | 28. Jun 18 | 2,268 | CA$6.38 | CA$14,459 | ||
| 13. Jun 18 | Buy | George Burns | Individual | 13. Jun 18 | 13. Jun 18 | 16,127 | CA$7.45 | CA$120,149 | ||
Management checks
We assess Eldorado Gold's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Eldorado Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
What Kind Of Shareholder Owns Most Eldorado Gold Corporation (TSE:ELD) Stock?
The big shareholder groups in Eldorado Gold Corporation (TSE:ELD) have power over the company. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … With a market capitalization of CA$905m, Eldorado Gold is a small cap stock, so it might not be well known by many institutional investors.
Simply Wall St - – Full articleImagine Owning Eldorado Gold And Trying To Stomach The 86% Share Price Drop
Eldorado Gold Corporation (TSE:ELD) shareholders will doubtless be very grateful to see the share price up 50% in the last quarter. … Eldorado Gold isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Over half a decade Eldorado Gold reduced its trailing twelve month revenue by 24% for each year.
Simply Wall St - – Full articleEldorado Gold Corporation's (TSE:ELD) Shift From Loss To Profit
Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. … The company’s loss has recently broadened since it announced a -US$7.1m loss in the full financial year, compared to the latest trailing-twelve-month loss of -US$164.5m, moving it further away from breakeven. … Check out our latest analysis for Eldorado Gold
Simply Wall St - – Full articleWhat You Must Know About Eldorado Gold Corporation's (TSE:ELD) Financial Strength
Eldorado Gold Corporation (TSE:ELD) is a small-cap stock with a market capitalization of CA$693m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.
Simply Wall St - – Full articleWhen Will Eldorado Gold Corporation (TSE:ELD) Turn A Profit?
Eldorado Gold Corporation's (TSE:ELD):. … Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. … With the latest financial year loss of -US$7m and a trailing-twelve month of -US$41m, the CA$934m market-cap amplifies its loss by moving further away from its breakeven target.
Simply Wall St - – Full articleHow Financially Strong Is Eldorado Gold Corporation (TSE:ELD)?
Eldorado Gold Corporation (TSE:ELD) is a small-cap stock with a market capitalization of US$997.25m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.
Simply Wall St - – Full articleWhat Does Eldorado Gold Corporation's (TSE:ELD) Ownership Structure Look Like?
In this analysis, my focus will be on developing a perspective on Eldorado Gold Corporation’s (TSE:ELD) latest ownership structure, a less discussed, but important factor. … The impact of a company's ownership structure affects both its short- and long-term performance. … Check out our latest analysis for Eldorado Gold
Simply Wall St - – Full articleEldorado Gold Corporation’s (TSE:ELD) Insiders Ramped Up Holdings - Should You?
Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. … some insider buying over the past three months, with insiders investing in. … A well-known argument is that insiders investing more in their own companies’ shares sends an optimistic signal.
Simply Wall St - – Full articleEldorado Gold Corporation (TSE:ELD): Is Breakeven Near?
Eldorado Gold Corporation's (TSE:ELD):. … Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. … View out our latest analysis for Eldorado Gold
Simply Wall St - – Full articleEldorado Gold Corporation (TSE:ELD): Does The Earnings Decline Make It An Underperformer?
Today I will run you through a basic sense check to gain perspective on how Eldorado Gold is doing by comparing its latest earnings with its long-term trend as well as the performance of its metals and mining industry peers. … View our latest analysis for Eldorado Gold Was ELD's recent earnings decline indicative of a tough track record? … TSX:ELD Income Statement Apr 26th 18 We can further examine Eldorado Gold's loss by looking at what the industry has been experiencing over the past few years.
Simply Wall St - – Full articleCompany Info
Description
Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and 100% interest in Tocantinzinho gold project in Brazil. It also holds 95% interests in Olympias gold mine, Stratoni silver-lead-zinc mine, and Skouries gold-copper project in Greece; and 80.5% interests in Certej gold-silver project in Romania. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.
Details
| Name: | Eldorado Gold Corporation |
| ELD | |
| Exchange: | TSX |
| Founded: | 1992 |
| CA$760,131,072 | |
| 158,360,640 | |
| Website: | http://www.eldoradogold.com |
| Address: |
Eldorado Gold Corporation 1188 Bentall 5, 550 Burrard Street, Vancouver, British Columbia, V6C 2B5, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSX | ELD | Voting Common Shares | The Toronto Stock Exchange | CA | CAD | 02. Dec 1992 | |
| NYSE | EGO | Voting Common Shares | New York Stock Exchange | US | USD | 02. Dec 1992 | |
| DB | ELO1 | Voting Common Shares | Deutsche Boerse AG | DE | EUR | 02. Dec 1992 |
Number of employees
Current staff
Industry
| Gold | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/20 01:31 |
| End of day share price update: | 2019/05/17 00:00 |
| Last estimates confirmation: | 2019/05/14 |
| Last earnings filing: | 2019/05/02 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
