Eldorado Gold Corporation trades with the ticker ELD on the TSX and is in the Gold industry.
Overview
Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1996 and is headquartered in Vancouver, Canada.
Looking to invest in Eldorado Gold Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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ELD.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $3345.683MM
PE Ratio: 22.562
Price: 27.61 (Updated: 3/12/2024 0:47:16)
Eldorado Gold Corporation (ELD) vs Competitors in Gold
Lets see how ELD.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc
.Gold Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Barrick Gold Corporation (ABX) | $37,376.086 | 21.948 | 7.456 | 2.6% |
| Agnico Eagle Mines Limited (AEM) | $37,307.372 | 14.049 | 9.752 | 2.9% |
| Alamos Gold Inc (AGI) | $7,157.749 | 25.408 | 14.058 | 0.8% |
| Galiano Gold Inc (AKG) | $353.306 | N/A | 0.0 | 0.0% |
| Alio Gold Inc (ALO) | $168.547 | N/A | 0.0 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Gold
- Eldorado Gold Corporation (ELD) vs Barrick Gold Corporation (ABX)
- ABX has higher EPS (0.97 vs 0.73). ABX provides dividends, while ELD does not. ELD has a higher P/E ratio (22.562 vs 21.948) indicating it’s more expensive.
- Eldorado Gold Corporation (ELD) vs Agnico Eagle Mines Limited (AEM)
- AEM has higher EPS (5.34 vs 0.73). AEM provides dividends, while ELD does not. ELD has a higher P/E ratio (22.562 vs 14.049) indicating it’s more expensive.
- Eldorado Gold Corporation (ELD) vs Alamos Gold Inc (AGI)
- ELD has higher EPS (0.73 vs 0.71). AGI provides dividends, while ELD does not. AGI has a higher P/E ratio (25.408 vs 22.562) indicating it’s more expensive.
- Eldorado Gold Corporation (ELD) vs Galiano Gold Inc (AKG)
- ELD has higher EPS (0.73 vs -0.003). AKG provides dividends, while ELD does not. AKG has a P/E under 0, indicating ELD (P/E 22.562) is in a better position.
- Eldorado Gold Corporation (ELD) vs Alio Gold Inc (ALO)
- ELD has higher EPS (0.73 vs -0.274). ALO provides dividends, while ELD does not. ALO has a P/E under 0, indicating ELD (P/E 22.562) is in a better position.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (22.56) than the industry average (60.88), indicating potential undervaluation. Features a lower EV/EBITDA ratio (7.36) than the industry average (15.44), indicating attractive valuation.
How to Buy ELD stock on the TSX
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