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Eldorado Gold Corp (EGO) Stock Forecast & Price Prediction

Live EGO Stock Price & Analysis

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$13.98

-0.87 (-5.86%)

12 Month Price Forecast For EGO

$13.98
Current Price
$3.02B
Market Cap
10 Ratings
Buy 5
Hold 4
Sell 1
Wall St Analyst Ratings

Distance to EGO Price Forecasts

+64.5%
To High Target of $23.00
+18.0%
To Median Target of $16.50
+7.3%
To Low Target of $15.00

EGO Price Momentum

+0.4%
1 Week Change
-6.6%
1 Month Change
+26.6%
1 Year Change
-6.0%
Year-to-Date Change
-26.7%
From 52W High of $19.06
+43.8%
From 52W Low of $9.72

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Disclaimer: 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.

Data last updated: February 15, 2025 1:56 PM UTC

EGO Analyst Ratings & Price Targets

Based on our analysis of 10 Wall Street analysts, EGO has a neutral consensus with a median price target of $16.50 (ranging from $15.00 to $23.00). The overall analyst rating is Buy (7.0/10). Currently trading at $13.98, the median forecast implies a 18.0% upside. This outlook is supported by 5 Buy, 4 Hold, and 1 Sell ratings.

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.

EGO Analyst Consensus

5
Buy
4
Hold
1
Sell

EGO Price Target Range

Low
$15.00
Average
$16.50
High
$23.00
Current: $13.98

Latest EGO Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for EGO.

Date Firm Analyst Rating Change Price Target
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 HSBC Buy Maintains $0.00
Nov 25, 2020 Morgan Stanley Equal-weight Downgrade $0.00
Nov 25, 2020 Macquarie Outperform Upgrade $0.00
Nov 25, 2020 RBC Capital Sector Perform Upgrade $0.00
Nov 25, 2020 Goldman Sachs Buy Upgrade $0.00
Nov 25, 2020 TD Securities Hold Upgrade $0.00
Nov 25, 2020 Canaccord Genuity Speculative Buy Downgrade $0.00
Nov 25, 2020 GMP Securities Hold Downgrade $0.00

Stocks Similar to Eldorado Gold Corp

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 Corp (EGO) Financial Data

Eldorado Gold Corp has a market capitalization of $3.02B with a P/E ratio of 10.5x. The company generates $1.19B in trailing twelve-month revenue with a 23.2% profit margin.

Revenue growth is +35.5% quarter-over-quarter, while maintaining an operating margin of +30.5% and return on equity of +7.9%.

Valuation Metrics

Market Cap $3.02B
Enterprise Value $3.04B
P/E Ratio 10.5x
PEG Ratio 7.9x
Price/Sales 2.5x

Growth & Margins

Revenue Growth (YoY) +35.5%
Gross Margin +38.1%
Operating Margin +30.5%
Net Margin +23.2%
EPS Growth +35.0%

Financial Health

Cash/Price Ratio +23.7%
Current Ratio 3.4x
Debt/Equity 23.0x
ROE +7.9%
ROA +3.9%

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Eldorado Gold Corp logo

Eldorado Gold Corp (EGO) Company Overview

About Eldorado Gold Corp

What They Do

Engages in mining and selling mineral products.

Business Model

The company operates mines and exploration projects primarily focused on gold production, along with silver, lead, and zinc. It generates revenue through the sale of these mineral products across various regions including Turkey, Canada, Greece, and Romania.

Additional Information

Eldorado Gold Corporation was incorporated in 1996 and has its headquarters in Vancouver, Canada. The company holds significant interests in several mining projects, ensuring a diversified portfolio in the precious and base metals sector.

Company Information

Sector

Basic Materials

Industry

Gold

Employees

4,800

CEO

Mr. George Raymond Burns

Country

Canada

IPO Year

2003

Eldorado Gold Corp (EGO) Latest News & Analysis

EGO stock latest news image
Quick Summary

LLP is investigating claims from investors of Eldorado Gold Corporation (NYSE: EGO). Affected investors should contact Danielle Peyton for more information.

Why It Matters

The investigation into Eldorado Gold could indicate potential legal or financial issues, impacting stock performance and investor confidence.

Source: PRNewsWire
Market Sentiment: Neutral
EGO stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors who purchased Eldorado Gold Corporation (NYSE:EGO) securities. More info available at bgandg.com/EGO.

Why It Matters

The investigation into Eldorado Gold could indicate potential legal issues, impacting stock value and investor confidence, prompting scrutiny of the company's financial health.

Source: Accesswire
Market Sentiment: Neutral
EGO stock latest news image
Quick Summary

Levi & Korsinsky is investigating Eldorado Gold Corporation (NYSE:EGO) for possible federal securities law violations following a February 5, 2025, update on its Skouries Project and production outlook.

Why It Matters

The investigation into Eldorado Gold for potential securities law violations may impact shareholder confidence and stock price, especially following its construction update and production guidance.

Source: Accesswire
Market Sentiment: Neutral
EGO stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors of Eldorado Gold Corporation (NYSE:EGO). Affected investors can find more details at bgandg.com/EGO.

Why It Matters

The investigation into Eldorado Gold could signal potential legal issues or financial instability, impacting investor confidence and stock performance.

Source: Accesswire
Market Sentiment: Neutral
EGO stock latest news image
Quick Summary

Levi & Korsinsky has initiated an investigation into Eldorado Gold Corporation (NYSE:EGO) for potential federal securities law violations following its February 5, 2025, press release on project updates and guidance.

Why It Matters

Eldorado Gold is under investigation for potential securities law violations, which may impact its stock price and investor confidence following its recent project updates.

Source: Accesswire
Market Sentiment: Neutral
EGO stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for purchasers of Eldorado Gold Corporation (NYSE:EGO). Investors can find more information at bgandg.com/EGO.

Why It Matters

The investigation may indicate potential legal issues for Eldorado Gold, which could impact stock performance and investor confidence, leading to price volatility.

Source: Accesswire
Market Sentiment: Neutral

Frequently Asked Questions About EGO Stock

What is Eldorado Gold Corp's (EGO) stock forecast for 2025?

Based on our analysis of 10 Wall Street analysts, Eldorado Gold Corp (EGO) has a median price target of $16.50. The highest price target is $23.00 and the lowest is $15.00.

Is EGO stock a good investment in 2025?

According to current analyst ratings, EGO has 5 Buy ratings, 4 Hold ratings, and 1 Sell ratings. The stock is currently trading at $13.98. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for EGO stock?

Wall Street analysts predict EGO stock could reach $16.50 in the next 12 months. This represents a 18.0% increase from the current price of $13.98. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Eldorado Gold Corp's business model?

The company operates mines and exploration projects primarily focused on gold production, along with silver, lead, and zinc. It generates revenue through the sale of these mineral products across various regions including Turkey, Canada, Greece, and Romania.

What is the highest forecasted price for EGO Eldorado Gold Corp?

The highest price target for EGO is $23.00 from at , which represents a 64.5% increase from the current price of $13.98.

What is the lowest forecasted price for EGO Eldorado Gold Corp?

Price targets from Wall Street analysts for EGO are not currently available. The stock is trading at $13.98.

What is the overall EGO consensus from analysts for Eldorado Gold Corp?

The overall analyst consensus for EGO is neutral. Out of 10 Wall Street analysts, 5 rate it as Buy, 4 as Hold, and 1 as Sell, with a median price target of $16.50.

How accurate are EGO stock price projections?

Stock price projections, including those for Eldorado Gold Corp, 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.