Critical Review: Eldorado Gold (EGO) & The Competition

Eldorado Gold (NYSE: EGO) is one of 61 public companies in the “Gold Mining” industry, but how does it weigh in compared to its rivals? We will compare Eldorado Gold to related businesses based on the strength of its risk, institutional ownership, dividends, profitability, earnings, analyst recommendations and valuation.

Insider & Institutional Ownership

52.9% of Eldorado Gold shares are held by institutional investors. Comparatively, 44.2% of shares of all “Gold Mining” companies are held by institutional investors. 7.9% of shares of all “Gold Mining” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Eldorado Gold and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Eldorado Gold $650.20 million -$344.15 million -37.32
Eldorado Gold Competitors $2.41 billion -$32.21 million 171.44

Eldorado Gold’s rivals have higher revenue and earnings than Eldorado Gold. Eldorado Gold is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Eldorado Gold and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Eldorado Gold -5.02% 0.51% 0.38%
Eldorado Gold Competitors -2,998.75% -8.66% -3.99%

Risk and Volatility

Eldorado Gold has a beta of 1.14, indicating that its stock price is 14% more volatile than the S&P 500. Comparatively, Eldorado Gold’s rivals have a beta of -0.14, indicating that their average stock price is 114% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Eldorado Gold and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eldorado Gold 3 6 0 0 1.67
Eldorado Gold Competitors 471 1831 2140 49 2.39

Eldorado Gold presently has a consensus target price of $1.98, indicating a potential upside of 76.34%. As a group, “Gold Mining” companies have a potential upside of 52.28%. Given Eldorado Gold’s higher probable upside, research analysts plainly believe Eldorado Gold is more favorable than its rivals.

Summary

Eldorado Gold rivals beat Eldorado Gold on 7 of the 13 factors compared.

Eldorado Gold Company Profile

Eldorado Gold Corp is a Canada-based 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, the 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. The 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 the Kisladag and Efemcukuru mines in Turkey.

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