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EGO.N Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
32.520
Open
31.680
VWAP
31.83
Vol
577.05K
Mkt Cap
8.25B
Low
31.415
Amount
18.37M
EV/EBITDA(TTM)
5.96
Total Shares
260.54M
EV
6.90B
EV/OCF(TTM)
9.47
P/S(TTM)
3.23
Eldorado Gold Corporation is a Canada-based gold and base metals producer with mining, development and exploration operations in Canada, Greece and Turkiye. The Company operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec (Lamaque), Canada, and Olympias located in Northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. Complementing its producing portfolio is its advanced stage copper-gold development project, Skouries, in Northern Greece. Its other development projects in its portfolio include Perama Hill, a wholly owned gold-silver project in Greece. Its McIlvenna Bay Deposit is a copper-zinc-gold-silver deposit. The McIlvenna Bay Property sits approximately 65 kilometers (km) West of Flin Flon, Manitoba. The McIlvenna Bay Property is part of the prolific Flin Flon Greenstone Belt located in east-central Saskatchewan.
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Events Timeline

(ET)
2026-03-25
17:10:00
Eldorado Gold Enters Strategic MOU with G Mining Services
select
2026-03-24 (ET)
2026-03-24
17:10:00
Eldorado Gold Appoints New COO and Senior VP of Projects
select
2026-03-16 (ET)
2026-03-16
07:20:00
Eldorado Gold Receives Operating Authorization for Ormaque Deposit
select

News

Globenewswire
8.5
05-07Globenewswire
Lake Victoria Gold Initiates Construction at Imwelo Gold Project in Tanzania
  • Drilling Program Commencement: Lake Victoria Gold has mobilized reverse circulation drill rigs to the Imwelo Gold Project in Tanzania, with a ~21-day sterilization drilling program set to begin in mid-May, aimed at supporting infrastructure construction and ensuring optimal facility placement, thereby advancing the project towards the construction phase.
  • Funding Secured: The company successfully closed a gold loan facility of up to $25 million and secured a C$3.8 million convertible debenture financing in April 2026, ensuring a stable financial foundation for the project and providing robust support for subsequent construction activities.
  • High Gold Recovery Rates: Metallurgical work at the Imwelo project has confirmed gold recovery rates of up to 97% using conventional methods, a critical de-risking factor that indicates potential for low-capex operations and enhances investor confidence in the project's viability.
  • Resource Expansion Potential: Recent drilling results from Area C returned grades of 11.88 g/t gold, confirming mineralization extending beyond the current pit design at depth and laterally, supporting the potential consolidation into a single open-pit design, which further enhances the project's economic outlook.
Newsfilter
8.5
05-07Newsfilter
Lake Victoria Gold Initiates Drilling at Imwelo Project
  • Drilling Program Commencement: Lake Victoria Gold has confirmed the mobilization of reverse circulation drill rigs to the Imwelo Gold Project in Tanzania, with a ~21-day sterilization drilling program set to begin in mid-May, aimed at supporting infrastructure construction and ensuring optimal placement of key facilities.
  • Funding Secured: In April 2026, Lake Victoria Gold closed a binding term sheet for a gold loan facility of up to $25 million, alongside a fully committed C$3.8 million convertible debenture financing, ensuring a stable funding chain for the next development phase of the project.
  • High Recovery Rate Confirmed: Metallurgical work at the Imwelo project has confirmed gold recovery rates of up to 97%, a critical de-risking input that enhances the economic viability of the projected low-capex open-pit operation, thereby strengthening investor confidence.
  • Resource Expansion Potential: Recent drilling results from Area C returned grades of 11.88 g/t gold, confirming mineralization extending beyond the current pit design at depth and laterally, supporting the potential consolidation into a single open-pit design, which could significantly enhance the project's overall value.
seekingalpha
9.5
04-30seekingalpha
Eldorado Gold Q1 Earnings Exceed Expectations
  • Strong Earnings Performance: Eldorado Gold reported a Q1 non-GAAP EPS of $0.95, beating expectations by $0.27, indicating a significant improvement in profitability and reflecting strong operational performance amid rising gold prices.
  • Significant Revenue Growth: The company achieved revenue of $532.43 million in Q1, a 49.9% year-over-year increase, surpassing market expectations by $25.17 million, demonstrating robust sales and market demand recovery, further solidifying its industry position.
  • Gold Production and Sales: Gold production totaled 100,358 ounces, with sales of 100,619 ounces at an average realized price of $4,891 per ounce, showcasing the company's competitiveness and effective sales strategy in the gold market.
  • Cost Control and Outlook: Production costs were $188.2 million, with cash costs at $1,470 per ounce; full-year cash costs are expected to range between $1,220 and $1,420 per ounce, reflecting effective cost management while maintaining 2026 production guidance, highlighting long-term growth potential.
Newsfilter
9.5
04-30Newsfilter
Eldorado Gold Reports Q1 2026 Financial Results
  • Gold Production and Sales: In Q1 2026, Eldorado Gold produced 100,358 ounces and sold 100,619 ounces of gold, reflecting a 13% decrease from Q1 2025; however, the average realized gold price surged to $4,891 per ounce, driving total revenue up by 50% to $532.4 million.
  • Cost and Profit Performance: Production costs rose to $188.2 million, leading to total cash costs of $1,470 per ounce and all-in sustaining costs (AISC) of $1,942 per ounce, reflecting pressures from increased labor and royalty expenses, yet net earnings reached $136.4 million, an 88% increase year-over-year.
  • Capital Expenditures and Cash Flow: Total capital expenditures for the quarter amounted to $318 million, including $135.6 million for the Skouries project; despite a negative free cash flow of $129.1 million, the free cash flow excluding Skouries was $62.9 million, indicating strong operational performance.
  • Management Changes and Dividend Program: The company appointed Sally Eyre to the board and initiated a quarterly dividend program with a first payment of $0.075 per share, demonstrating commitment to shareholder returns, while CEO George Burns will retire in Q3 2026, with Christian Milau set to take over, ensuring a smooth leadership transition.
Newsfilter
9.5
04-13Newsfilter
Eldorado Gold to Release Q1 2026 Financial Results and Host Conference Call
  • Earnings Release Schedule: Eldorado Gold will release its Q1 2026 financial and operational results after market close on April 30, 2026, reflecting the company's ongoing performance and growth in the gold mining sector.
  • Conference Call Timing: The company will host a conference call on May 1, 2026, at 11:30 AM ET (8:30 AM PT) to discuss the financial results and address investor inquiries, enhancing stakeholder engagement.
  • Webcast Access: The conference call will be webcast on Eldorado Gold's website, ensuring that global investors can access real-time updates on the company's latest developments, thereby improving transparency and communication efficiency.
  • Registration and Replay Info: Participants can pre-register via a provided link, and a replay will be available until June 12, 2026, offering convenient access for investors with varying schedules to stay informed about the company's performance.
seekingalpha
8.5
04-07seekingalpha
Eldorado Gold's Acquisition of Foran Mining Receives Shareholder Approval
  • Shareholder Vote Outcome: At a special meeting on Tuesday, over 84% of Eldorado Gold (EGO) shareholders voted in favor of acquiring Foran Mining (FMCXF), significantly surpassing the 50% threshold required, indicating strong shareholder confidence in the deal.
  • Transaction Valuation: The cash-and-stock offer proposed by Eldorado in February valued the acquisition at approximately C$3.8 billion (US$2.7 billion), including debt, aiming to enhance its exposure to copper, which is increasingly sought after due to rising electrification demands.
  • Board Support: The acquisition received unanimous backing from both Eldorado and Foran's boards, reflecting management's recognition of the strategic significance and future growth potential of the deal, despite external opposition.
  • Market Reaction: While proxy advisor Glass Lewis advised Eldorado shareholders to oppose the deal due to concerns over overvaluation, Institutional Shareholder Services recommended supporting the acquisition, highlighting the divided opinions in the market regarding the transaction.
Wall Street analysts forecast EGO.N stock price to rise
7 Analyst Rating
Wall Street analysts forecast EGO.N stock price to rise
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
33.00
Averages
48.75
High
59.00
Current: 0.000
sliders
Low
33.00
Averages
48.75
High
59.00
ATB Capital
Outperform
to
Sector Perform
downgrade
$84 -> $55
AI Analysis
2026-05-04
Reason
ATB Capital
Price Target
$84 -> $55
AI Analysis
2026-05-04
downgrade
Outperform
to
Sector Perform
Reason
ATB Capital downgraded Eldorado Gold to Sector Perform from Outperform with a price target of C$55, down from C$84, citing the ramp-up risk at both Skouries and McIlvenna Bay this year. With the closing of the Foran Mining acquisition in mid-April, the firm is now incorporating the value for McIlvenna Bay and the shares issued into its net asset value, the analyst noted.
Scotiabank
Outperform
to
Outperform
downgrade
$58 -> $56
2026-04-21
Reason
Scotiabank
Price Target
$58 -> $56
2026-04-21
downgrade
Outperform
to
Outperform
Reason
Scotiabank lowered the firm's price target on Eldorado Gold to $56 from $58 and keeps an Outperform rating on the shares. Ahead of the release Q1 results for stocks in the Gold & Precious Minerals sector, the firm is expecting margins quarter-over-quarter to be flattish but higher year-over-year, the analyst tells investors. Additionally, the firm anticipates strong free cash flow and lower quarter-over-quarter production costs.
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Valuation Metrics

The current forward P/E ratio for Eldorado Gold Corp (EGO.N) is 7.83, compared to its 5-year average forward P/E of 20.35. For a more detailed relative valuation and DCF analysis to assess Eldorado Gold Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
20.35
Current PE
7.83
Overvalued PE
52.28
Undervalued PE
-11.57

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
4.33
Current EV/EBITDA
3.59
Overvalued EV/EBITDA
5.11
Undervalued EV/EBITDA
3.55

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.93
Current PS
1.82
Overvalued PS
2.33
Undervalued PS
1.54

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Frequently Asked Questions

What is Eldorado Gold Corp (EGO.N) stock price today?

The current price of EGO.N is 31.56 USD — it has decreased -0.32

What is Eldorado Gold Corp (EGO.N)'s business?

Eldorado Gold Corporation is a Canada-based gold and base metals producer with mining, development and exploration operations in Canada, Greece and Turkiye. The Company operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec (Lamaque), Canada, and Olympias located in Northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. Complementing its producing portfolio is its advanced stage copper-gold development project, Skouries, in Northern Greece. Its other development projects in its portfolio include Perama Hill, a wholly owned gold-silver project in Greece. Its McIlvenna Bay Deposit is a copper-zinc-gold-silver deposit. The McIlvenna Bay Property sits approximately 65 kilometers (km) West of Flin Flon, Manitoba. The McIlvenna Bay Property is part of the prolific Flin Flon Greenstone Belt located in east-central Saskatchewan.

What is the price predicton of EGO.N Stock?

Wall Street analysts forecast EGO.N stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EGO.N is48.75 USD with a low forecast of 33.00 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Eldorado Gold Corp (EGO.N)'s revenue for the last quarter?

Eldorado Gold Corp revenue for the last quarter amounts to 532.43M USD, increased 49.88

What is Eldorado Gold Corp (EGO.N)'s earnings per share (EPS) for the last quarter?

Eldorado Gold Corp. EPS for the last quarter amounts to 0.68 USD, increased 94.29

How many employees does Eldorado Gold Corp (EGO.N). have?

Eldorado Gold Corp (EGO.N) has 2350 emplpoyees as of May 19 2026.

What is Eldorado Gold Corp (EGO.N) market cap?

Today EGO.N has the market capitalization of 8.25B USD.