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Eldorado Gold CorporationNYSE:EGO Stock Report

Market Cap US$11.4b
Share Price
n/a
1Y55.9%
7D1.7%
1D2.2%
Portfolio Value
​
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Eldorado Gold Corporation

NYSE:EGO Stock Report

Market Cap: US$11.4b

Eldorado Gold (EGO) Stock Overview

Engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece. More details

EGO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 51.4% below our estimate of its fair value

Earnings are forecast to grow 22.99% per year

Earnings have grown 54.7% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Shareholders have been diluted in the past year

Significant insider selling over the past 3 months


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Eldorado Gold Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Eldorado Gold
Historical stock prices
Current Share PriceCA$43.75
52 Week HighCA$51.16
52 Week LowCA$24.44
Beta1.51
1 Month Change10.12%
3 Month Change29.59%
1 Year Change55.92%
3 Year Change336.63%
5 Year Change430.30%
Change since IPO475.66%

Recent News & Updates

Seeking Alpha • Aug 25

Eldorado Gold: 2 Mines Are About To Change The Cash Flow Story

Summary Eldorado Gold is a speculative Buy as two long-life mines, Skouries and McIlvenna Bay, enter production, with the stock undervaluing their impact. Skouries and McIlvenna Bay together add 38 years of reserves, shifting EGO from heavy spender to rapid debt paydown, trading at 7x the 2027 consensus FCF. Dividends and buybacks absorb only a fraction of future cash flow; most excess capital will default to deleveraging, with no capital return framework yet. Key risks include execution in H2, gold price sensitivity, government influence in Greece and Turkey, and concentration in Lamaque earnings. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Aug 25

Eldorado Gold: 2 Mines Are About To Change The Cash Flow Story

Summary Eldorado Gold is a speculative Buy as two long-life mines, Skouries and McIlvenna Bay, enter production, with the stock undervaluing their impact. Skouries and McIlvenna Bay together add 38 years of reserves, shifting EGO from heavy spender to rapid debt paydown, trading at 7x the 2027 consensus FCF. Dividends and buybacks absorb only a fraction of future cash flow; most excess capital will default to deleveraging, with no capital return framework yet. Key risks include execution in H2, gold price sensitivity, government influence in Greece and Turkey, and concentration in Lamaque earnings. Read the full article on Seeking Alpha
Seeking Alpha • Apr 22

Eldorado Gold: Don't Chase The Stock Here

Summary Eldorado Gold reported its third consecutive miss on its annual guidance midpoint, impacted by longer than planned leach cycles at Kisladag and downtime at Olympias. The bigger news was that we've seen another material upward revision in capex at Skouries and no gold/copper production in 2025, materially pushing out its free cash flow inflection point. Adding to the negatives, 2025 production at its existing operations is expected to be materially lower (480,000 ounces) vs. 515,000 ounces previously. In this update, we'll dig into the Q4 & FY2024 results, recent developments, and whether the stock is offering an adequate margin of safety at current levels. Read the full article on Seeking Alpha
Seeking Alpha • Jan 21

Eldorado Gold: Skouries Capex Uncertainty Overshadows Strong Q4 Output

Summary Eldorado Gold reported strong Q4-24 production but missed its annual guidance midpoint for the third consecutive year. Its Lamaque Mine was a standout performer in Q4-24 with record production and reserve growth, offset by softer production at its other three mines on a YoY basis. Unfortunately, reserve growth and solid Q4 production were offset by uncertainty related to Skouries' schedule and already upward revised capex estimate, impacted by a tight labor market. In this update, we'll dig into the preliminary Q4 results, recent developments, and whether EGO is offering enough of a margin of safety after its recent correction. Read the full article on Seeking Alpha
Seeking Alpha • Jan 03

Top 5 Mining Stocks To Watch In 2025: No.4 - Eldorado Gold

Summary Eldorado Gold is significantly undervalued compared to its peers, with a price-to-earnings ratio of 10.87 and a price-to-operating cash flow ratio of 5.58. The Skouries mine, starting production in Q3 2025, is expected to add over $350 million in annual cash flows, boosting Eldorado's financial resilience. If everything goes well, Eldorado's share price may double by the end of 2025 quite easily. Read the full article on Seeking Alpha
Seeking Alpha • Nov 05

Eldorado Gold: Another Quarter Of Significant Margin Expansion

Summary Eldorado Gold Corporation's Q3 2024 production increased by 3%, but full-year guidance was trimmed due to downtime at Olympias and slower leach times at Kisladag. Meanwhile, costs increased materially year-over-year, with Eldorado being one name whose costs are more sensitive to higher royalty rates related to the gold price vs. its peers. On a positive note, Skouries remains on schedule & while EGO doesn't screen as attractively for its FCF yield, it will morph into a free cash flow machine in 2026. In this update, we'll dig into its Q3-24 recent, Skouries progress and whether the stock is worthy of investment at current levels. Read the full article on Seeking Alpha
Seeking Alpha • Sep 06

Eldorado Gold: All Eyes On Skouries

Summary Eldorado Gold is at a turning point in its history as the Skouries project located in Greece is expected to reach first production in Q3-25. Once in full production, Skouries is expected to have operating costs of -$365 per ounce after subtracting the credit associated with the copper production. Eldorado has been one of the best-performing gold producers over the last year. Expectations are high and Skouries must be completed on time and on budget. A key risk hovering around is jurisdictional in nature. Earlier this week, Turkey announced its intention to join the BRICS nations which is an important pivot for a NATO country. Read the full article on Seeking Alpha
Seeking Alpha • Jun 16

Eldorado Gold Corporation: What The Latest Investor Presentation Tells Us

Summary Eldorado held its latest Investor Presentation, which provided the latest status on a range of issues pertaining to the company. Skouries is taking up lots of capex, pushing free cash flow into the red, but the payoff down the road could be substantial. The stock has soared higher lately along with the price of gold, but there is reason to believe Eldorado has a shot at higher prices in the coming years. Eldorado has what it takes to take full advantage of higher gold prices, which is something that can’t be said of all gold miners. Read the full article on Seeking Alpha
Seeking Alpha • Apr 30

Eldorado Gold Stock: Room To Stay Bullish At A 7-Year High

Summary We recap the Q1 earnings report from Eldorado Gold. The miner offers a strong growth outlook, looking ahead to the completion of its high-grade Skouries project by 2025. Record gold pricing supports a positive earnings outlook, which can drive shares higher going forward. Read the full article on Seeking Alpha

Shareholder Returns

EGOUS Metals and MiningUS Market
7D1.7%-2.5%-0.9%
1Y55.9%55.0%14.2%

Return vs Industry: EGO exceeded the US Metals and Mining industry which returned 54.4% over the past year.

Return vs Market: EGO exceeded the US Market which returned 14.1% over the past year.

Price Volatility

Is EGO's price volatile compared to industry and market?
EGO volatility
EGO Average Weekly Movement9.2%
Metals and Mining Industry Average Movement9.7%
Market Average Movement6.9%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: EGO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EGO's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19968,400George Burnswww.eldoradogold.com

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece. It primarily produces gold, as well as silver, lead, and zinc. The company holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Quebec, Canada; Olympias located in northern Greece; and Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece.

Eldorado Gold Corporation Fundamentals Summary

How do Eldorado Gold's earnings and revenue compare to its market cap?
EGO fundamental statistics
Market capUS$11.40b
Earnings (TTM)US$618.07m
Revenue (TTM)US$2.03b
18.4x
P/E Ratio
5.6x
P/S Ratio

Is EGO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EGO income statement (TTM)
RevenueUS$2.03b
Cost of RevenueUS$765.73m
Gross ProfitUS$1.27b
Other ExpensesUS$647.97m
EarningsUS$618.07m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Oct 29, 2026

Earnings per share (EPS)2.37
Gross Margin62.31%
Net Profit Margin30.42%
Debt/Equity Ratio25.5%

How did EGO perform over the long term?

See historical performance and comparison

Dividends

0.7%
Current Dividend Yield
5%
Payout Ratio

Does EGO pay a reliable dividends?

See EGO dividend history and benchmarks
When do you need to buy EGO by to receive an upcoming dividend?
Eldorado Gold dividend dates
Ex Dividend DateSep 01 2026
Dividend Pay DateSep 15 2026
Days until Ex dividend13 days
Days until Dividend pay date1 day

Does EGO pay a reliable dividends?

See EGO dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 10:54
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Eldorado Gold Corporation is covered by 29 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrayATB Cormark
Farooq HamedBarclays
Brian QuastBMO Capital Markets Equity Research