Eldorado Gold (NYSE: EGO) is one of 61 publicly-traded companies in the “Gold Mining” industry, but how does it compare to its competitors? We will compare Eldorado Gold to related businesses based on the strength of its risk, earnings, dividends, analyst recommendations, institutional ownership, valuation and profitability.
Volatility & Risk
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 competitors have a beta of -0.11, indicating that their average stock price is 111% less volatile than the S&P 500.
52.9% of Eldorado Gold shares are owned by institutional investors. Comparatively, 44.2% of shares of all “Gold Mining” companies are owned by institutional investors. 7.9% of shares of all “Gold Mining” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
This table compares Eldorado Gold and its competitors’ 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%|
Valuation & Earnings
This table compares Eldorado Gold and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Eldorado Gold||$650.20 million||-$344.15 million||-38.65|
|Eldorado Gold Competitors||$2.41 billion||-$32.21 million||181.67|
Eldorado Gold’s competitors have higher revenue and earnings than Eldorado Gold. Eldorado Gold is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent ratings and price targets for Eldorado Gold and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Eldorado Gold Competitors||471||1831||2141||48||2.39|
Eldorado Gold presently has a consensus target price of $1.98, suggesting a potential upside of 70.26%. As a group, “Gold Mining” companies have a potential upside of 48.39%. Given Eldorado Gold’s higher possible upside, analysts plainly believe Eldorado Gold is more favorable than its competitors.
Eldorado Gold competitors 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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