NYSE: EGO

Eldorado Gold (EGO) Stock Analysis & Forecast

Sep 28 close

$39.44−2.48 (−5.9%)

Gekko Brief

AI summary

Eldorado Gold moves this week on progress at its Skouries project in northern Greece, where the mine has been successfully energized following completion of a permanent connection to the Greek national power grid and approval by the Greek transmission authority. Alongside this operational milestone, analyst sentiment has shifted, with BofA Securities upgrading the stock to Buy from Underperform and raising its price target by 71% to $54, citing de-risking of the Skouries copper-gold project, while Argus separately raised its target to $49.00. The company also confirmed its Q3 2026 results will land on 28 October 2026, with a conference call the following day.

Shares close at $39.44, down 5.9%, sitting between the 50-day average of $39.63 and the 200-day average of $36.92. The GekkoIndex reads 61.2, placing the stock in the Accumulation zone. Price sits 6.9% below Gekko Fair Value of $42.38. Over the past year the stock has returned 38.1%, though the past month shows a 17.9% pullback against a three-month gain of 26.7%.

The next earnings date falls on 28 October 2026, 29 days away, outside a typical 20-trading-day hold. One billionaire holder is recorded, though no insider, Congress or unusual options activity appears in their respective windows. Seasonally, the next 20 trading days have averaged an 8.8% return over 5 years, rising in 3 of them. Consensus analyst target sits at $46.50, implying 17.9% upside per that consensus.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Eldorado Gold price vs fair value

$42.38$39.44Sep ’25Mar ’26Sep ’26
Close $39.44200-day averageGekko Fair Value $42.38

Eldorado Gold quick facts

Market cap
$10.29B
P/E ratio
14.6
Forward P/E
8.4
EPS, TTM
$2.87
Revenue, TTM
$2.03B
Profit margin
29.8%
Dividend yield
0.36%
Beta
1.51
Volume
5.39M avg 3.14M
1-year return
+38.1%
Typical daily move
±5.3%
Typical 20-day move
±8.4%
50-day average
$39.63
200-day average
$36.92
Next earnings
Oct 28
Shares outstanding
260.8M
52-week range
$24.44$51.16

Eldorado Gold swing-trade checklist

Eldorado Gold scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $39.44 sits between the 50-day ($39.63) and 200-day ($36.92) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    61.2, Accumulation

    Reading 61.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    6.9% below

    Price is 6.9% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 29 days

    Next report Oct 28, 2026, 29 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +8.8% on average

    From this point in the calendar, the next 20 trading days averaged +8.8% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Eldorado Gold stock chart and price history

Eldorado Gold closed at $39.44 on Sep 28, 2026, +38.1% over the past year, inside a 52-week range of $24.44 to $51.16.

Close50-day average200-day averageVolume
Eldorado Gold share price, past year, with 50-day and 200-day moving averages and volume$20$30$50NovDecJan 2026FebMarAprMayJunJulAugSep39.44

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−17.9%
3 months
+26.7%
6 months
+16.7%
1 year
+38.1%
The full EGO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open EGO in Gekko

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About Eldorado Gold

Eldorado Gold works through a number of subsidiaries to explore for, develop, and mine mineral deposits, then bring the resulting metals to market. Gold makes up the bulk of what it produces, though the company also recovers silver, lead, and zinc along the way. Its operations span Turkey, Canada, Greece, and Romania, with wholly owned mines including Kisladag and Efemcukuru in western Turkey and the Lamaque mines in Canada.

In Greece, the company's holdings include the Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold projects. In Romania, it controls an 80.5 percent interest in the Certej development project, with the remaining stake held by other parties. Together these properties form a spread of producing mines and projects at earlier stages of development across the four countries where the company is active.

Eldorado Gold traces back to 1992, when it was set up under the name Eldorado Corporation Ltd., before it was renamed Eldorado Gold Corporation in April 1996. The company is headquartered in Vancouver, Canada, and its shares are listed on the NYSE under the ticker EGO.

Listed
NYSE
Sector
Non-energy minerals
Industry
Precious metals
Website
eldoradogold.com

Eldorado Gold GekkoIndex: the smart money zone

Eldorado Gold’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 61.2, in the Accumulation zone, up 4.9 points over five sessions.

010061.2Accumulation

Up 4.9 points over five sessions, from the Neutral zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying28+4.0%+5.1%+7.6%+22.3%
Accumulation (current zone)188+1.7%+2.0%+5.2%+14.1%
Neutral364+0.6%+2.0%+4.2%+10.9%
Distribution89+1.9%+3.2%+5.0%+6.9%
Selling3Too few readings yet

Average EGO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the EGO price, zone by zone.Track EGO in Gekko

Is Eldorado Gold stock overvalued? Gekko Fair Value

Eldorado Gold trades 6.9% below Gekko Fair Value of $42.38, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Eldorado Gold shares are worth, recalculated every trading day.

$42.38

Gekko Fair Value, Sep 29, 2026

6.9% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open EGO in Gekko

Eldorado Gold insider and Congress trading

No open-market insider purchases were filed for Eldorado Gold, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for EGO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every EGO insider filing, plotted on the chart in Gekko.Open EGO in Gekko

Congress trades last 90 days

No trades in EGO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for EGO, plotted on the chart in Gekko.Open EGO in Gekko

Buybacks

Eldorado Gold has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$4.45M
As a share of market cap
0.04%
Trailing four quarters
$260.2M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds EGO.

0added1opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Eldorado Gold earnings: next date and track record

Eldorado Gold reports on Oct 28, 2026 (29 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±4.8%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−9.0%Oct ’24−7.2%Feb ’25−2.9%May ’25+2.5%Jul ’25+2.2%Oct ’25−8.3%Feb ’26+0.8%Apr ’26−5.6%Jul ’26

Last earnings call, Jul 30, 2026 AI summary

What they said
Eldorado Gold reported Q2 2026 production in line with plan, with McIlvenna Bay achieving first copper and zinc concentrate while ramping toward commercial production. Skouries remains on track for first concentrate in Q3 2026 after achieving first ore crushed. CEO George Burns is transitioning out after 9 years, with President Christian Milau set to assume the CEO role. The company highlighted safety and sustainability awards and was named to Time's 2026 Canada's Best Companies list.
Guidance
Management expects 2026 to be a pivotal year as Skouries targets first concentrate in Q3 and McIlvenna Bay ramps to commercial production. Both assets are expected to enhance production profile and cash flow generation as the company enters its next growth phase.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 30, 2026$0.54
est $0.52
+3.8%$481.4M
est $529.9M
−9.2%−5.6%
Apr 30, 2026$0.95
est $0.68
+39.7%$519.6M
est $501.2M
+3.7%+0.8%
Feb 19, 2026$0.63
est $0.60
+5.5%$574.9M
est $531.2M
+8.2%−8.3%
Oct 30, 2025$0.41
est $0.49
−16.3%$429.9M
est $500.4M
−14.1%+2.2%
Jul 31, 2025$0.44
est $0.51
−13.7%$451.7M
est $413.5M
+9.2%+2.5%
May 1, 2025$0.28
est $0.33
−15.2%$339.8M
est $327.8M
+3.7%−2.9%
Feb 20, 2025$0.62
est $0.43
+44.2%$435.7M
est $440.4M
−1.1%−7.2%
Oct 31, 2024$0.35
est $0.34
+2.9%$331.4M
est $403.1M
−17.8%−9.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Eldorado Gold stock forecast and analyst price targets

Analysts’ average 12-month price target for Eldorado Gold is $46.50, +17.9% from the last close.

$46.50consensus 12-month target, +17.9% from the last close
+5.2%average 20-day move after past Accumulation readings
+8.8%average move over the next 20 trading days in the last 5 years
±5.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Eldorado Gold seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Eldorado Gold averaged +8.8% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+31.9%2021+4.2%2022+21.0%2023−1.4%2024−11.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+6.0%4 of 5
Next 10 trading days+8.6%4 of 5
Next 15 trading days+9.1%4 of 5
Next 20 trading days+8.8%3 of 5
Next 30 trading days+12.3%3 of 5

For scale, EGO’s typical 20-trading-day move in either direction is about 8.4%.

Eldorado Gold market cap and key statistics

Eldorado Gold’s market cap is $10.29B, with a P/E ratio of 14.6 and revenue of $2.03B over the last twelve months.

Valuation

Market cap
$10.29B
P/E ratio
14.6
Forward P/E
8.4
EPS, TTM
$2.87
Gekko Fair Value
$42.38

Trading

Volume
5.39M
Avg volume, 20 days
3.14M
52-week high
$51.16
52-week low
$24.44
Shares outstanding
260.8M

Financials

Revenue, TTM
$2.03B
Profit margin
29.8%
Return on equity
11.3%
Quarterly earnings growth, YoY
+2.2%

Risk and income

Beta
1.51
Typical daily move
±5.3%
Typical 20-day move
±8.4%
Dividend yield
0.36%

Eldorado Gold stock news this week

Coverage of Eldorado Gold this week reads positive: 6 positive, 3 neutral and 0 negative headlines.

News sentiment positive

Eldorado Gold peers

Eldorado Gold’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NEMNewmont+0.5%Accumulation18.4% below
AEMAgnico Eagle Mines+0.4%Accumulation7.4% below
BBarrick Mining+0.5%Accumulation7.3% above
WPMWheaton Precious Metals−0.2%Accumulation4.2% above
FNVFranco-Nevada−0.7%Accumulation10.4% above
KGCKinross Gold+1.2%Buying2.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Eldorado Gold stock FAQ

What is Eldorado Gold’s market cap?

Eldorado Gold’s market cap is $10.29B at the Sep 28, 2026 close of $39.44, with 260.8M shares outstanding. The shares trade on a P/E ratio of 14.6.

What is the Eldorado Gold stock forecast?

The consensus analyst 12-month price target for Eldorado Gold is $46.50, +17.9% from the last close. Gekko doesn’t publish price predictions of its own.

Is Eldorado Gold stock overvalued or undervalued?

On Gekko’s estimate Eldorado Gold is undervalued: the Sep 28, 2026 close of $39.44 is 6.9% below Gekko Fair Value of $42.38. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Eldorado Gold report earnings next?

Eldorado Gold is expected to report on Oct 28, 2026 (29 days away). Analysts expect earnings of $0.79 per share on revenue of $645.9M. Eldorado Gold beat the earnings estimate in 5 of its last 8 reports, moving 4.8% on average across the report.

What is Eldorado Gold’s 52-week high and low?

Eldorado Gold’s 52-week high is $51.16 and its 52-week low is $24.44; it closed at $39.44 on Sep 28, 2026, +38.1% over the past year.

Is Eldorado Gold stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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