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Home โบ Stocks โบ Eldorado Gold Corporation (EGO) Stock Forecast & Price Prediction Canada | NYSE | Basic Materials | Gold
$20.93
-0.23 (-1.09%)Did EGO Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Eldorado Gold is one of their latest high-conviction picks.
Based on our analysis of 12 Wall Street analysts, EGO has a neutral consensus with a median price target of $21.00 (ranging from $19.00 to $27.00). The overall analyst rating is Buy (6.9/10). Currently trading at $20.93, the median forecast implies a 0.3% upside. This outlook is supported by 4 Buy, 4 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Carey MacRury at Canaccord Genuity, projecting a 29.0% upside. Conversely, the most conservative target is provided by Tanya Jakusconek at Scotiabank, suggesting a 9.2% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for EGO.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 5, 2025 | Canaccord Genuity | Carey MacRury | Hold | Maintains | $27.00 |
Apr 14, 2025 | Scotiabank | Tanya Jakusconek | Sector Perform | Maintains | $19.00 |
Apr 4, 2025 | RBC Capital | Michael Siperco | Outperform | Maintains | $21.00 |
Feb 7, 2025 | Scotiabank | Tanya Jakusconek | Sector Perform | Maintains | $16.50 |
Jan 21, 2025 | Scotiabank | Tanya Jakusconek | Sector Perform | Maintains | $18.50 |
Nov 4, 2024 | TD Securities | Steven Green | Hold | Maintains | $19.00 |
Aug 19, 2024 | Scotiabank | Tanya Jakusconek | Sector Perform | Maintains | $20.00 |
Jul 10, 2024 | CIBC | Cosmos Chiu | Outperformer | Maintains | $22.50 |
May 29, 2024 | RBC Capital | Josh Wolfson | Outperform | Upgrade | $20.00 |
May 23, 2024 | Scotiabank | Tanya Jakusconek | Sector Perform | Maintains | $18.00 |
Jan 26, 2024 | Stifel | Ingrid Rico | Hold | Downgrade | $0.00 |
Aug 8, 2023 | RBC Capital | Stephen Walker | Sector Perform | Reiterates | $9.50 |
Jun 9, 2023 | BMO Capital | Brian Quast | Outperform | Maintains | $17.00 |
Jun 6, 2023 | Credit Suisse | Fahad Tariq | Underperform | Maintains | $10.00 |
Mar 10, 2023 | B of A Securities | Harmen Puri | Underperform | Reinstates | $8.90 |
Nov 25, 2020 | Macquarie | Outperform | Upgrade | $0.00 | |
Nov 25, 2020 | TD Securities | Hold | Upgrade | $0.00 | |
Nov 25, 2020 | Bank of America | Underperform | Downgrade | $0.00 | |
Nov 25, 2020 | Stifel Nicolaus | Buy | Maintains | $0.00 | |
Nov 25, 2020 | Scotia Howard Weil | Outperform | Upgrade | $0.00 |
The following stocks are similar to Eldorado Gold based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Eldorado Gold Corporation has a market capitalization of $4.30B with a P/E ratio of 12.8x. The company generates $1.42B in trailing twelve-month revenue with a 23.1% profit margin.
Revenue growth is +37.7% quarter-over-quarter, while maintaining an operating margin of +34.3% and return on equity of +9.0%.
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Mining and refining gold properties worldwide.
The company generates revenue primarily through the exploration, development, and production of gold. By operating multiple mining projects across diverse regions, Eldorado Gold capitalizes on the global demand for gold, which is utilized in various industries including technology and jewelry. The company's strategic focus on both production efficiency and sustainable practices further enhances its profitability.
Eldorado Gold is active in regions such as Canada, Greece, and Turkey, allowing it to mitigate risks associated with regulatory and economic fluctuations. The company emphasizes environmental stewardship and community engagement, indicating a long-term commitment to responsible mining practices. As a publicly traded company, it presents investment opportunities for stakeholders interested in the gold market.
Basic Materials
Gold
5,800
Mr. George Raymond Burns
Canada
2003
EQX trades at a dirt-cheap valuation, as growth plans and a key merger set the stage for a bullish 2025.
Zacks utilizes its Zacks Rank system, focusing on earnings estimates and revisions, while also considering value, growth, and momentum trends to identify strong stock picks.
Zacks' emphasis on earnings estimates and revisions signals potential stock performance, providing investors with insights to identify strong investment opportunities in various market trends.
Eldorado Gold Corporation (EGO) and Allegheny Technologies (ATI) have been compared to their sector's performance through this year. Specific performance metrics were not provided.
Performance comparisons to sector peers indicate relative strength or weakness, influencing investor sentiment and potential investment decisions for Eldorado Gold and Allegheny Technologies.
Eldorado Gold Corporation (EGO) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its suitability.
Eldorado Gold's potential as a top stock pick indicates possible growth and profitability, attracting momentum investors seeking strong returns in the mining sector.
Eldorado Gold Corporation (EGO) and Triple Flag Precious Metals (TFPM) are both gold stocks of interest to investors seeking undervalued options in the mining sector.
The comparison of Eldorado Gold and Triple Flag Precious Metals highlights potential investment opportunities in undervalued gold stocks, influencing portfolio decisions in the mining sector.
Eldorado Gold Corporation announced that all director nominees were elected at the Annual and Special Meeting of Shareholders on June 3, 2025, reaffirming shareholder support.
The election of all director nominees supports stability and continuity in governance, which can enhance investor confidence and potentially impact stock performance positively.
Rosen Law Firm is investigating potential securities claims for Eldorado Gold Corporation (NYSE: EGO) shareholders over allegations of misleading business information. Affected investors may seek compensation without upfront costs.
Allegations of misleading information by Eldorado Gold could lead to legal claims, affecting stock value and investor confidence, potentially resulting in financial compensation for affected shareholders.
Based on our analysis of 12 Wall Street analysts, Eldorado Gold Corporation (EGO) has a median price target of $21.00. The highest price target is $27.00 and the lowest is $19.00.
According to current analyst ratings, EGO has 4 Buy ratings, 4 Hold ratings, and 1 Sell ratings. The stock is currently trading at $20.93. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict EGO stock could reach $21.00 in the next 12 months. This represents a 0.3% increase from the current price of $20.93. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue primarily through the exploration, development, and production of gold. By operating multiple mining projects across diverse regions, Eldorado Gold capitalizes on the global demand for gold, which is utilized in various industries including technology and jewelry. The company's strategic focus on both production efficiency and sustainable practices further enhances its profitability.
The highest price target for EGO is $27.00 from Carey MacRury at Canaccord Genuity, which represents a 29.0% increase from the current price of $20.93.
The lowest price target for EGO is $19.00 from Tanya Jakusconek at Scotiabank, which represents a -9.2% decrease from the current price of $20.93.
The overall analyst consensus for EGO is neutral. Out of 12 Wall Street analysts, 4 rate it as Buy, 4 as Hold, and 1 as Sell, with a median price target of $21.00.
Stock price projections, including those for Eldorado Gold Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.