Contrasting Eldorado Gold (EGO) and 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 companies based on the strength of its valuation, profitability, dividends, analyst recommendations, earnings, risk and institutional ownership.

Institutional and Insider 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 is poised for long-term growth.

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 -2,889.62% 39.04% -2.73%

Volatility and Risk

Eldorado Gold has a beta of 1.14, indicating that its share price is 14% more volatile than the S&P 500. Comparatively, Eldorado Gold’s rivals have a beta of -0.17, indicating that their average share price is 117% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings 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 7 0 0 1.70
Eldorado Gold Competitors 472 1836 2144 50 2.39

Eldorado Gold currently has a consensus price target of $1.98, suggesting a potential upside of 55.51%. As a group, “Gold Mining” companies have a potential upside of 48.08%. Given Eldorado Gold’s higher possible upside, equities research analysts clearly believe Eldorado Gold is more favorable than its rivals.

Valuation & Earnings

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

Gross Revenue Net Income Price/Earnings Ratio
Eldorado Gold $650.20 million -$344.15 million -42.32
Eldorado Gold Competitors $2.41 billion -$32.21 million 176.25

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.

Summary

Eldorado Gold rivals beat Eldorado Gold on 8 of the 13 factors compared.

About Eldorado Gold

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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