Time to Buy Eldorado Gold Corp (NASDAQ: EGO) Stock? Here is the INSIGHT

Eldorado Gold Corp day trading at USD 8.3 per share, then rallying to 8.65 and closing at USD 8.61 per share. A net gain of 3.73% for the day. Long term pricing analysis shows the stock trading at 23.38% lower than it’s 52week high and -78.36% higher than the 52week low. The share volume traded for the day was 2,346K which was 0 times the 50 Day Average Volume.

Eldorado Gold Corp had a market cap of 1,440,046K as of 19th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $0.65.

Eldorado Gold Corp is a Canadian mid-tier gold and base metals, producer. It has assets in Canada, Turkey, Greece, Romania, and Brazil. Eldorado’s activities involve all facets of mining, including exploration, development, production, and reclamation.

Financial Results

Eldorado Gold Corp Reports First Quarter Of Fiscal 2020.

  • Total revenue was $204.7 million in Q1 2020, an increase of 156% from total revenue of $80.0 million in Q1 2019.
  • Cash operating costs in Q1 2020 averaged $627 per ounce sold, a slight increase from $625 per ounce sold in Q1 2019.
  • A net loss attributable to shareholders of $4.9 million ($0.03 loss per share) in Q1 2020, compared to a net loss of $27.0 million ($0.17 loss per share) in Q1 2019.
  • Adjusted net earnings were $12.5 million ($0.08 per share) in Q1 2020, compared to an adjusted net loss of $21.1 million ($0.13 loss per share) in Q1 2019.

Eldorado Gold Corp (19th June 2020): The Institutional Ownership as of today stood at 53.69% and the Total Value of Holdings (millions) is $ 773.

New Institutional Holders and other activity – As of today, the total number of shares held is 89,791,652 by 138 institutional holders.

LATEST NEWS:

16-June-2020:- Two Sigma Investments LP Has $15.25 Million Stake in Eldorado Gold Corp (NYSE: EGO)

Two Sigma Investments LP decreased its holdings in shares of Eldorado Gold Corp (NYSE: EGO) (TSE: ELD) by 24.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,470,924 shares of the basic materials company’s stock after selling 782,386 shares during the quarter.

15 -June-2020:- JPMorgan Chase & Co. Sells 34,441 Shares of Eldorado Gold Corp (NYSE: EGO)

JPMorgan Chase & Co. trimmed its position in Eldorado Gold Corp (NYSE: EGO) (TSE: ELD) by 3.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 897,298 shares of the basic materials company’s stock after selling 34,441 shares during the period.

2-June-2020:- Acadian Asset Management LLC Has $1.29 Million Position in Eldorado Gold Corp (NYSE: EGO)

Acadian Asset Management LLC boosted its holdings in Eldorado Gold Corp (NYSE: EGO) (TSE: ELD) by 513.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 209,800 shares of the basic materials company’s stock after purchasing an additional 175,600 shares during the quarter.

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