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EGO
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$6.53
Change
+$0.15 (+2.35%)
Capitalization
1.18B

EGO Price Prediction, Eldorado Gold Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

EGO sees MACD Histogram just turned negative

EGO saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 15, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 43 instances where the indicator turned negative. In 37 of the 43 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 86%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 13, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on EGO as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The 50-day moving average for EGO moved below the 200-day moving average on June 14, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EGO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for EGO entered a downward trend on July 01, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 13 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EGO advanced for three days, in of 244 cases, the price rose further within the following month. The odds of a continued upward trend are .

EGO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. EGO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.370) is normal, around the industry mean (21.664). P/E Ratio (161.290) is within average values for comparable stocks, (78.167). EGO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.044). P/S Ratio (1.318) is also within normal values, averaging (114.619).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EGO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

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A.I.Advisor
published price charts
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A.I. Advisor
published Earnings

EGO is expected to report earnings to fall 247.10% to 14 cents per share on July 28

Eldorado Gold Corp EGO Stock Earnings Reports
Q2'22
Est.
$0.15
Q1'22
Missed
by $0.17
Q4'21
Beat
by $0.01
Q3'21
Beat
by $0.03
Q2'21
Beat
by $0.03
The last earnings report on April 28 showed earnings per share of -10 cents, missing the estimate of 7 cents. With 2.14M shares outstanding, the current market capitalization sits at 1.18B.
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A.I.Advisor
published Dividends

EGO paid dividends on March 16, 2017

Eldorado Gold Corp EGO Stock Dividends
А dividend of $0.02 per share was paid with a record date of March 16, 2017, and an ex-dividend date of March 03, 2017. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Newmont Corp (NYSE:NEM), Barrick Gold Corp (NYSE:GOLD), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI), Kinross Gold Corp (NYSE:KGC), Yamana Gold (NYSE:AUY), Pan American Silver Corp (NASDAQ:PAAS), SSR Mining (NASDAQ:SSRM), Hecla Mining Company (NYSE:HL), FIRST MAJESTIC SILVER Corp (NYSE:AG).

Industry description

The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.

Market Cap

The average market capitalization across the Precious Metals Industry is 736.54M. The market cap for tickers in the group ranges from 575 to 48.55B. NEM holds the highest valuation in this group at 48.55B. The lowest valued company is DRIFF at 575.

High and low price notable news

The average weekly price growth across all stocks in the Precious Metals Industry was -3%. For the same Industry, the average monthly price growth was -12%, and the average quarterly price growth was -10%. MAGE experienced the highest price growth at 108%, while HWTHF experienced the biggest fall at -94%.

Volume

The average weekly volume growth across all stocks in the Precious Metals Industry was -63%. For the same stocks of the Industry, the average monthly volume growth was -60% and the average quarterly volume growth was -40%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 53
P/E Growth Rating: 71
Price Growth Rating: 52
SMR Rating: 85
Profit Risk Rating: 88
Seasonality Score: 8 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

an operator of gold mines

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
550 Burrard Street
Phone
+1 604 601-6656
Employees
4678
Web
https://www.eldoradogold.com

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EGO and

Correlation & Price change

A.I.dvisor indicates that over the last year, EGO has been closely correlated with BTG. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if EGO jumps, then BTG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EGO
1D Price
Change %
EGO100%
+2.19%
BTG - EGO
84%
Closely correlated
+2.80%
AUY - EGO
83%
Closely correlated
+2.69%
AGI - EGO
82%
Closely correlated
+6.70%
SAND - EGO
81%
Closely correlated
+4.12%
WPM - EGO
81%
Closely correlated
+2.90%
More