
AI Spotlight on ELD
Company Description
Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania.The company primarily produces gold, as well as silver, lead, and zinc.It holds a 100% interest in the Kisladag and Efemcukuru gold mines located in western Turkey; 100% interest in Lamaque gold mines located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located 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 incorporated in 1992 and is headquartered in Vancouver, Canada.
Market Data
Last Price | 20.14 |
Change Percentage | 5.67% |
Open | 19.41 |
Previous Close | 19.06 |
Market Cap ( Millions) | 4127 |
Volume | 468632 |
Year High | 26.32 |
Year Low | 13.63 |
M A 50 | 21.75 |
M A 200 | 22.37 |
Financial Ratios
FCF Yield | -0.79% |
Dividend Yield | 0.00% |
ROE | 7.62% |
Debt / Equity | 23.32% |
Net Debt / EBIDTA | 33.98% |
Price To Book | 0.77 |
Price Earnings Ratio | 10.44 |
Price To FCF | -126.45 |
Price To sales | 2.41 |
EV / EBITDA | 5.21 |
News
- Feb -22 - Eldorado Gold Corp (EGO) Q4 2024 Earnings Call Highlights: Record Production and Financial ...
- Feb -21 - Eldorado Files Amended Lamaque Complex Technical Report
- Feb -20 - Eldorado Gold Delivers Strong 2024 Full Year and Fourth Quarter Financial and Operational Results; Positive Free Cash Flow Realized in the Quarter and Full Year
- Feb -11 - Institutional investors may overlook Eldorado Gold Corporation's (TSE:ELD) recent CA$286m market cap drop as long-term gains remain positive
- Feb -10 - Best gold ETFs and how to invest in mining companies
- Feb -07 - Eldorado Gold price target lowered to $16 from $17 at TD Securities
- Feb -07 - Why Eldorado Gold (EGO) Stock Went Down On Thursday?
- Feb -06 - Eldorado Gold Keeps Stock Rating, Price Target at RBC Capital Markets, National Bank
- Feb -05 - Eldorado Gold Down 0.4% In US After Hours As Revises Start-up and Cost Estimates at Skouries
- Feb -05 - Eldorado Gold Provides Skouries Project Update; 2025 Detailed Company Production & Cost Guidance; Updated Three-Year Growth Profile; Conference Call Details
- Jan -29 - Bet on These 5 Top-Ranked Stocks With Rising P/E
- Jan -28 - Eldorado Gold Maintained at Outperform at BMO After Lamaque Complex Report; Price Target Cut to C$29.00
- Jan -28 - Will Eldorado Gold (EGO) Beat Estimates Again in Its Next Earnings Report?
- Jan -28 - Eldorado Gold Keeps Outperform Ratings and Price Targets at Both RBC and National Bank
- Jan -27 - Eldorado Gold Up 0.33% In US After Hours As Updates on Lamaque Complex Report
- Jan -27 - Eldorado Updates Lamaque Complex Technical Report; Demonstrating Significant Value and Potential to Extend Mine Life to 17 Years
- Jan -27 - Can Eldorado Gold (EGO) Climb 27.75% to Reach the Level Wall Street Analysts Expect?
- Jan -24 - Are Basic Materials Stocks Lagging Silver Standard Resources (SSRM) This Year?
- Jan -15 - Eldorado Gold Maintains Rating, Price Target at RBC; But Target Eases at National Bank
- Jan -15 - Eldorado Gold Reports Sequential Increase in Q4 Gold Production
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Gold - Dore
Expected Growth : 13 %
What the company do ?
Gold-Dore from Eldorado Gold Corporation refers to a semi-pure gold alloy, typically 80-90% gold, produced at the mine site, awaiting further refining.
Why we expect these perspectives ?
Eldorado Gold Corporation's 13% growth in Gold - Dore is driven by increased production at its Kisladag mine in Turkey, improved gold prices, and successful exploration efforts at its Lamaque mine in Canada, leading to higher ore grades and recoveries.
Segment nΒ°2 -> Gold - Concentrate
Expected Growth : 12 %
What the company do ?
Eldorado Gold Corporation's Gold-Concentrate is a refined product containing 50-90% gold, produced through flotation and gravity separation of ore from their mines.
Why we expect these perspectives ?
Eldorado Gold Corporation's 12% growth in gold concentrate is driven by increased production at its Kisladag mine in Turkey, improved ore grades, and higher gold prices. Additionally, the company's cost-saving initiatives and efficient operations have contributed to the growth. Furthermore, the ongoing expansion projects at its Olympias and Skouries mines in Greece are expected to further boost production and revenue.
Segment nΒ°3 -> Silver - Concentrate
Expected Growth : 11 %
What the company do ?
Silver-Concentrate from Eldorado Gold Corporation is a refined product containing high silver content, used in jewelry, coins, and industrial applications.
Why we expect these perspectives ?
Eldorado Gold's 11% growth in silver concentrate is driven by increased ore production at its Kisladag mine in Turkey, coupled with higher silver grades and recoveries. Additionally, the company's cost-saving initiatives and favorable foreign exchange rates have contributed to the growth.
Segment nΒ°4 -> Lead Concentrate
Expected Growth : 10 %
What the company do ?
Eldorado Gold Corporation's Lead Concentrate is a refined product containing high-grade lead, often used in battery manufacturing, radiation shielding, and pigments.
Why we expect these perspectives ?
Eldorado Gold's Lead Concentrate segment growth is driven by increasing gold prices, rising production volumes from its flagship Kisladag mine, and improved operational efficiencies. Additionally, the company's focus on cost reduction and exploration activities in Turkey and Greece are expected to contribute to the segment's growth.
Segment nΒ°5 -> Zinc Concentrate
Expected Growth : 9 %
What the company do ?
Eldorado Gold Corporation's Zinc Concentrate is a refined zinc product with high zinc content, used in galvanizing, die-casting, and other industrial applications.
Why we expect these perspectives ?
Eldorado Gold's 9% growth in Zinc Concentrate is driven by increased ore production at its Kisladag mine, improved zinc grades, and higher milling rates. Additionally, the company's focus on operational efficiency, cost reduction initiatives, and favorable zinc prices contribute to this growth.
Segment nΒ°6 -> Silver - Dore
Expected Growth : 12 %
What the company do ?
Silver-Dore is a semi-pure alloy of gold and silver produced at Eldorado Gold Corporation's mines, containing 5-10% silver and 90-95% gold.
Why we expect these perspectives ?
Eldorado Gold Corporation's 12% growth in Silver - Dore is driven by increasing gold prices, improved ore grades, and enhanced operational efficiency at its mines, particularly in Turkey and Greece. Additionally, the company's focus on cost reduction and exploration activities has contributed to the growth.
Segment nΒ°7 -> Exceptional Items
Expected Growth : 8 %
What the company do ?
Exceptional items from Eldorado Gold Corporation refer to unusual or one-time transactions, such as asset impairments, restructuring costs, or gains/losses on asset sales, that are excluded from normal operating results to provide a clearer view of the company's financial performance.
Why we expect these perspectives ?
Eldorado Gold Corporation's exceptional items growth of 8% is driven by increased gold production at its Olympias and Skouries mines in Greece, coupled with higher realized gold prices. Additionally, the company's cost-saving initiatives and improved operational efficiencies have contributed to the growth.
Eldorado Gold Corporation Products
Product Range | What is it ? |
---|---|
Gold | Eldorado Gold Corporation is a leading gold producer with operations in Turkey, Greece, and Brazil. The company's gold production is a significant contributor to its revenue. |
Silver | As a by-product of gold mining, Eldorado Gold Corporation also produces silver, which is sold to various industries. |
Copper | The company's mining operations also produce copper, which is sold to manufacturers of electrical wiring, circuits, and other copper-based products. |
Zinc | Eldorado Gold Corporation's mining operations also produce zinc, which is sold to manufacturers of galvanized steel, batteries, and other zinc-based products. |
Exploration Services | The company offers exploration services to identify and develop new mineral deposits, providing expertise in geology, drilling, and sampling. |
Mining Services | Eldorado Gold Corporation provides mining services, including mine planning, construction, and operation, to help clients optimize their mining operations. |
Eldorado Gold Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Eldorado Gold Corporation is medium due to the availability of alternative metals and mining companies. While gold is a unique asset, investors can choose to invest in other precious metals or mining companies, posing a moderate threat to Eldorado's market share.
Bargaining Power Of Customers
The bargaining power of customers for Eldorado Gold Corporation is low due to the company's diversified customer base and the lack of concentration in the gold mining industry. Customers have limited bargaining power, and Eldorado has a strong market position.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Eldorado Gold Corporation is medium due to the company's dependence on suppliers for equipment, materials, and services. While Eldorado has some bargaining power due to its size, suppliers can still exert some pressure on prices and delivery terms.
Threat Of New Entrants
The threat of new entrants for Eldorado Gold Corporation is low due to the high barriers to entry in the gold mining industry. New entrants would need significant capital and expertise to establish a competitive operation, making it difficult for new companies to enter the market.
Intensity Of Rivalry
The intensity of rivalry for Eldorado Gold Corporation is high due to the competitive nature of the gold mining industry. Many established companies operate in the industry, and Eldorado faces intense competition for market share, resources, and talent.
Capital Structure
Value | |
---|---|
Debt Weight | 15.77% |
Debt Cost | 7.15% |
Equity Weight | 84.23% |
Equity Cost | 10.10% |
WACC | 9.63% |
Leverage | 18.73% |
Eldorado Gold Corporation : Quality Control
Eldorado Gold Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
HL | Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties in the United States and internationally. The company mines for silver, gold, lead, β¦ |
LUG.TO | Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 β¦ |
RGLD | Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that β¦ |
K.TO | Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. β¦ |
BTO.TO | B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯

Lundin Gold
A-Score
1-Year Total Return ->
π₯

Kinross Gold
A-Score
1-Year Total Return ->
π₯

Royal Gold
A-Score
1-Year Total Return ->
4

B2Gold
A-Score
1-Year Total Return ->
5

Eldorado Gold
A-Score
1-Year Total Return ->
6
