Eldorado Gold (EGO) Stock Drops Amid Market Volatility

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2 days ago
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Eldorado Gold Corp (EGO, Financial), a prominent player in the gold and base metals industry, recently experienced a significant stock price drop of 5.01%. The stock is currently trading at $15.73 per share with a trading volume of 402,306 shares and a turnover rate of 0.20%. The stock's price fluctuation amplitude stands at 2.20%.

The company's recent financial report reveals a revenue of $331 million, a net profit of $101 million, and earnings per share of $0.46. The gross profit was reported at $113 million, with a price-to-earnings ratio of 11.40. Among the 12 institutions that rated the stock, 58% recommended buying, 33% advised holding, and 9% suggested selling.

Within the broader gold industry, which saw an overall decline of 2.33%, Eldorado Gold's performance was notable. Other stocks in the sector, such as Hycroft Mining Holding Corporation, I-80 Gold Corp., and Osisko Development Corp, showed significant price movements. I-80 Gold Corp., US Gold Corp., and Fortuna Mining Corp. were particularly active, with turnover rates of 1.88%, 1.77%, and 1.73%, respectively. Stocks with high price fluctuations included Hycroft Mining Holding Corporation, I-80 Gold Corp., and Osisko Development Corp., with amplitudes of 35.86%, 11.02%, and 9.24%.

Eldorado Gold Corp operates across Turkey, Canada, Greece, and Romania, focusing on mining, development, and exploration. The company is known for its high-quality assets and strong community partnerships, with key projects like Kisladag, Efemcukuru, Skouries, Perama Hill, and Certej.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.