Contrasting Klondex Mines (KLDX) and Eldorado Gold Corporation (EGO)

Klondex Mines (NASDAQ: KLDX) and Eldorado Gold Corporation (NYSE:EGO) are both small-cap basic materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, profitability, valuation, dividends, institutional ownership and earnings.

Profitability

This table compares Klondex Mines and Eldorado Gold Corporation’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Klondex Mines N/A N/A N/A
Eldorado Gold Corporation -5.02% 0.52% 0.39%

Valuation & Earnings

This table compares Klondex Mines and Eldorado Gold Corporation’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio EBITDA Earnings Per Share Price/Earnings Ratio
Klondex Mines $240.24 million 2.28 $51.03 million N/A N/A
Eldorado Gold Corporation $425.59 million 2.17 $143.89 million ($0.03) -42.99

Eldorado Gold Corporation has higher revenue and earnings than Klondex Mines.

Institutional & Insider Ownership

55.5% of Eldorado Gold Corporation shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of current recommendations for Klondex Mines and Eldorado Gold Corporation, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Klondex Mines 0 0 3 0 3.00
Eldorado Gold Corporation 2 6 0 0 1.75

Klondex Mines currently has a consensus target price of $5.75, suggesting a potential upside of 86.08%. Eldorado Gold Corporation has a consensus target price of $3.44, suggesting a potential upside of 166.80%. Given Eldorado Gold Corporation’s higher possible upside, analysts clearly believe Eldorado Gold Corporation is more favorable than Klondex Mines.

Summary

Eldorado Gold Corporation beats Klondex Mines on 6 of the 11 factors compared between the two stocks.

Klondex Mines Company Profile

Klondex Mines Ltd is a Canada-based gold and silver mining company. The Company focuses on exploration, development and production of over two gold and silver projects in north central Nevada, being the Fire Creek mine located in Lander County, Nevada, the Midas mine and ore milling facility located in Nevada. Its segments include Fire Creek, Midas, True North, and Corporate and other. Its over 1,000 tons per day milling facility processes mineralized materials from the Midas Mine and the Fire Creek Mine. The Midas Mine is a gold-silver vein deposit located a mile from the town of Midas, Nevada. It also owns an underground mine project located in Manitoba, Canada, which includes the Rice Lake Mine and Mill complex, and early-stage exploration properties located in the State of Nevada, the United States, and Manitoba and Ontario, Canada. The Company’s milling and processing facilities are located at Midas process ore from both Midas and Fire Creek in the State of Nevada.

Eldorado Gold Corporation Company Profile

Eldorado Gold Corporation (Eldorado) is a gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, Tocantinzinho project and exploration activities in Brazil. The Greece segment includes the Stratoni mine, the Olympias, Skouries, Perama Hill and Sapes projects, and exploration activities in Greece. The Romania segment includes the Certej project and exploration activities in Romania. Other segment includes operations of the Company’s corporate office and exploration activities in other countries. The Company has operations and ongoing exploration and development projects in Turkey, Greece, Brazil and Romania. Its Operating gold mines include Kisladag in Turkey, and Efemcukuru in Turkey.

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