Comparing Eldorado Gold (EGO) and The Competition
Eldorado Gold (NYSE: EGO) is one of 61 publicly-traded companies in the “Gold Mining” industry, but how does it contrast to its rivals? We will compare Eldorado Gold to similar businesses based on the strength of its profitability, valuation, earnings, institutional ownership, analyst recommendations, dividends and risk.
Risk & Volatility
Eldorado Gold has a beta of 1.14, meaning that its share price is 14% more volatile than the S&P 500. Comparatively, Eldorado Gold’s rivals have a beta of -0.13, meaning that their average share price is 113% less volatile than the S&P 500.
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 company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Eldorado Gold and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Eldorado Gold||$650.20 million||-$344.15 million||-112.00|
|Eldorado Gold Competitors||$2.41 billion||-$32.21 million||164.34|
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.
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 Competitors||-2,998.75%||-8.66%||-3.99%|
This is a summary of current recommendations and price targets for Eldorado Gold and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Eldorado Gold Competitors||471||1833||2141||50||2.39|
Eldorado Gold currently has a consensus price target of $1.98, indicating a potential upside of 76.34%. As a group, “Gold Mining” companies have a potential upside of 53.51%. Given Eldorado Gold’s higher probable upside, equities analysts clearly believe Eldorado Gold is more favorable than its rivals.
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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