Eldorado Gold Corporation (EGO) AI Stock Analysis

NYSE: EGOAI research summary: business, growth, valuation, analysts, bull and bear case.

EGO AI stock analysis summary

AI Research

Eldorado Gold Corporation (EGO) is a gold and mineral extraction producer with core operations across Turkey, Canada, and Greece. The company generated $2.03B in trailing twelve-month revenue, posting an operating margin of 43.3% and net income of $516.1M in FY2025. Shares trade at a trailing P/E of 12.5x with a 17.2% one-year return.

Market cap
$9.37B
Revenue (TTM)
$2.03B
P/E
12.5x
fwd 8.4x
1Y return
17.2%
S&P 500 16.8%
Avg. target
$46.33
28.9% vs last close

Bull case

  • Operating margin reached 43.3% over the trailing twelve months, reflecting significant margin expansion from 23.1% in FY2021.
  • Analysts project next fiscal year revenue to grow 58.5% to $4.01B alongside a 60.3% rise in EPS to $5.05.
  • The stock trades at a forward P/E of 8.4x, sitting below the US-listed Basic Materials peer median of 13.4x.

Bear case

  • Heavy capital expenditures of $881.5M in FY2025 resulted in negative annual free cash flow of -$195.4M.
  • Total debt stood at $1.76B as of June 30, 2026, leaving net debt at $1.21B.
  • Share count increased by 39.2% over the 5-year period ending in FY2025, diluting existing equity holders.

What Eldorado Gold does

Eldorado Gold Corporation operates in the gold mining industry, focusing on exploration, development, and the sale of mineral products across Turkey, Canada, Greece, and Romania. Its commodity portfolio encompasses gold, silver, lead, and zinc. In Turkey, the company owns the Kisladag and Efemcukuru mines, while Canadian operations center on the Lamaque gold mines. In Greece, its asset base includes the Olympias, Stratoni, Skouries, Perama Hill, and Sapes mines. Founded in 1992 and headquartered in Vancouver, Canada, the company operates across its multi-regional asset base with a workforce of 8,400 employees.

Growth and profitability

Revenue increased from $943.5M in FY2021 to $1.85B in FY2025, driven by consecutive annual gains of 15.9% in FY2023, 30.9% in FY2024, and 39.9% in FY2025, reflecting a 5-year revenue CAGR of 12.5%. Profitability expanded significantly over this period, as operating margin improved from 23.1% in FY2021 to 41.5% in FY2025, while net income shifted from -$136.0M to $516.1M. Over the trailing twelve months, revenue reached $2.03B, with an operating margin of 43.3% and a profit margin of 29.8%. For the latest quarter ended June 30, 2026, revenue increased 7.9% year-over-year, and earnings grew 2.2% year-over-year.

EGO income statement →

Balance sheet and cash flow

As of June 30, 2026, Eldorado Gold held $553.9M in cash and short-term investments against total debt of $1.76B, resulting in net debt of $1.21B. The balance sheet exhibits a debt-to-equity ratio of 0.26, a current ratio of 1.31, and shareholders' equity of $6.85B. In FY2025, operating cash flow totaled $686.1M. Capital allocation in FY2025 prioritized heavy investment, with capital expenditures of $881.5M leading to free cash flow of -$195.4M, while share buybacks totaled $218.6M.

EGO balance sheet →

Valuation and performance

Eldorado Gold trades at a trailing P/E of 12.5x and a forward P/E of 8.4x, which sit below the median of its US-listed Basic Materials peers at 19.7x and 13.4x, respectively. The company carries an EV/EBITDA multiple of 11.4x compared to the peer median of 10.5x, and a price-to-sales ratio of 4.6x against the peer median of 1.8x. Over the past year, the stock returned 17.2%, slightly outperforming the S&P 500's 16.8% return. Over a five-year period, the stock gained 274.9% compared to 83.0% for the S&P 500.

EGO key metrics →

EGO dividend

Eldorado Gold pays a quarterly dividend with a forward annual dividend of $0.30, providing a dividend yield of 0.83%. The payout ratio stands at 8.9%, and the company's last ex-dividend date was September 1, 2026.

What analysts expect

Wall Street coverage includes 4 Strong Buy, 3 Buy, and 4 Hold ratings, with zero Sell or Strong Sell recommendations. The mean price target is $46.33, representing a 28.9% premium to the last close of $35.94. For the current fiscal year ending December 31, 2026, consensus estimates project EPS of $3.15 and revenue of $2.53B. Eldorado Gold has beaten EPS estimates in 3 of the last 4 quarters, with its next earnings date scheduled for October 28, 2026.

EGO forecast and price target →

Key risks and what to watch

  • Large capital expenditures of $881.5M in FY2025 could pressure liquidity if operating cash flow of $686.1M softens.
  • The stock carries a beta of 1.51, indicating greater volatility relative to the broader market.
  • Total debt of $1.76B requires ongoing cash generation against a cash position of $553.9M as of June 30, 2026.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this EGO AI stock analysis

This page is an AI-written research summary of Eldorado Gold Corporation (EGO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: EGO income statement, EGO balance sheet, EGO key metrics, EGO analyst forecast, EGO chart. See the EGO stock overview for the latest quote and news.

EGO AI stock analysis FAQ

What is Eldorado Gold's current dividend yield?

Eldorado Gold pays an annual forward dividend of $0.30 per share, which translates to a dividend yield of 0.83% with a payout ratio of 8.9%.

Where does Eldorado Gold operate mines?

The company operates and develops mines in Turkey, Canada, Greece, and Romania, producing gold, silver, lead, and zinc.

How does Eldorado Gold's valuation compare to its peers?

The stock trades at a trailing P/E of 12.5x and a forward P/E of 8.4x, both lower than the US-listed Basic Materials peer medians of 19.7x and 13.4x. However, its price-to-sales multiple of 4.6x is above the peer median of 1.8x.

What are analysts' price targets for EGO stock?

The mean analyst price target is $46.33, which is 28.9% above the last closing price of $35.94.

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