Eldorado Gold Corporation (EGO)

Comprehensive Stock & Company Analysis • Data as of early August 2026

Key Findings Summary

Eldorado Gold (EGO) is a mid-tier Canadian gold producer with diversified operations in Turkey, Canada, and Greece that delivered robust revenue growth and profitability in recent quarters while advancing its major Skouries development project, though analyst ratings remain mixed with a consensus leaning toward Hold amid gold price volatility and project execution risks.

Stock Performance & Company Financials

Stock Performance (Facts from historical data)

PeriodEGO ReturnBenchmark (S&P/TSX)
YTD (as of ~Aug 4, 2026)11.59%12.35%
1-Year47.34%32.50%
3-Year245.72%76.92%
5-Year243.49%76.10%

Fact: 52-week range: $21.41 – $51.16. Beta (5Y): 1.40. Average volume (3M): ~2.75M shares.

Interpretation: EGO has significantly outperformed the broader Canadian market over 1-, 3-, and 5-year periods, reflecting strong gold price tailwinds and operational improvements.

Uncertainty: Future performance is highly dependent on gold prices, which are influenced by macroeconomic factors, interest rates, and geopolitical events; historical outperformance does not guarantee future results.

Links for more information:
Yahoo Finance Historical Prices
Macrotrends 25-Year History

Company Financials (TTM / Most Recent Quarter – Facts)

MetricValueNotes
Revenue (TTM)$2.03 billionQuarterly revenue growth (YoY): +7.90%
Net Income (TTM)$618.07 millionProfit margin: 29.83%
Diluted EPS (TTM)$2.84 – $2.87Quarterly earnings growth (YoY): +25.20%
Operating Cash Flow (TTM)$744.2 million
Total Cash (MRQ)$554.56 millionCash per share: $2.13
Total Debt (MRQ)$1.76 billionDebt/Equity: 25.69%
Book Value per Share (MRQ)$26.31Price/Book: 1.15
EBITDA (TTM)$1.15 billionEV/EBITDA: 8.36

Fact: Q2 FY2026 revenue: $487.46M; Earnings: $172.82M. Company reported solid Q2 2026 financial and operational results with Skouries project on track for commissioning in Q3 2026.

Interpretation: Strong profitability margins and cash generation indicate operational efficiency, supported by higher gold prices and production volumes.

Uncertainty & Limitations: Financial figures are trailing twelve months as of the most recent reported quarter (around June 30, 2026) and subject to quarterly updates; levered free cash flow was negative (-$453.53M) due to development spending. Data sourced primarily from Yahoo Finance and may differ slightly from official filings due to reporting adjustments.

Links for more information:
Yahoo Finance Key Statistics
Yahoo Finance Financials
Company Official Website

Analyst Ratings

Consensus Rating: Hold

Rating BreakdownCount
Strong Buy1
Buy3
Hold8
Sell / Underperform2

Average rating score: ~2.21–3.27 (on typical 1–5 scale where lower = more positive).

Price Targets

MetricValue
Average Target$34.00 – $40.60
High Estimate$54.00
Low Estimate$21.00 – $32.00
Median Target$34.10

Recent Analyst Actions (Facts)

Interpretation: Mixed sentiment reflects optimism around growth projects (e.g., Skouries) tempered by concerns over execution risks, costs, or gold price assumptions in models.

Uncertainty: Analyst ratings and targets are forward-looking opinions that frequently change and are not guarantees of performance; they often rely on assumptions about future commodity prices and production that may not materialize. Data aggregated from multiple sources as of early August 2026.

Links for more information:
Yahoo Finance Analyst Estimates
MarketBeat Analyst Ratings
Barchart Ratings History

Customers & Competitors

Competitors

Fact: Primary peers in the gold mining sector include mid- and large-cap producers with similar geographic or operational profiles.

CompanyTickerNotes
Agnico Eagle MinesAEMLarger Canadian gold producer
Alamos GoldAGIPeer with Canadian & international ops
IAMGOLDIAGSimilar mid-tier gold focus
Kinross GoldKGCGlobal gold producer
Royal GoldRGLDRoyalty/streaming model
Equinox GoldEQXMid-tier producer
B2GoldBTGInternational operations

Interpretation: EGO differentiates through its copper-gold exposure at Skouries and concentrated European/Turkish assets, potentially offering unique risk/reward profile versus pure gold peers.

Customers

Fact: As a commodity producer, Eldorado Gold sells gold, silver, lead, zinc, and copper primarily through spot markets, offtake agreements, and refineries rather than to a small number of named end-customers.

  • Gold bullion is typically sold to refiners, banks, and bullion dealers.
  • Base metals (lead, zinc, copper) sold to smelters and industrial users.
  • No major single customer concentration disclosed in public filings.

Uncertainty & Limitations: Specific customer names and contract details are generally not publicly disclosed for mining companies due to commercial sensitivity; revenue is largely driven by prevailing metal prices rather than customer relationships. Sales channels can vary with market conditions.

Links for more information:
MarketBeat Competitors List
Seeking Alpha Peers Comparison
Company Assets & Operations

Company Overview & History

Fact: Eldorado Gold Corporation (incorporated 1992 in Bermuda as Eldorado Corporation Ltd.; renamed 1996) is headquartered in Vancouver, Canada. It engages in mining, exploration, development, and sale of gold and base metals (primarily gold, plus silver, lead, zinc, and copper) with 100% interests in key assets: Kisladag and Efemçukuru (Turkey), Lamaque (Quebec, Canada), Olympias, Stratoni, Skouries, Perama Hill, and Sapes (Greece). ~8,400 employees. Previously operated in China, Brazil, and Mexico.

Interpretation: The company has evolved from a broader international explorer to a focused mid-tier producer with a pipeline of growth projects in politically stable jurisdictions, positioning it for potential production increases via Skouries.

Limitations: Historical operations in other countries carry legacy risks; current focus on three countries reduces diversification but concentrates execution and geopolitical risks (e.g., permitting in Greece).

Links: Wikipedia Corporate History | Company Business Overview

Recent News Highlights (as of early August 2026)

Note: News is time-sensitive; check latest filings and press releases for updates. Potential acquisition activity (e.g., mentions of Foran Mining support) noted in some reports but details limited.