StockCV
Eldorado Gold Corporation logo

Eldorado Gold Corporation

Gold

$37.66
+2.17%
Market cap $9.82B

Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities.

It is a $9.82B materials company. Revenue grew 37.5% over the last year, it keeps 28¢ of every dollar of sales as profit, and it carries $1.21B of net debt. It trades at 15.9× earnings.

Employees
2 948
Sector
Basic Materials
Founded
1992

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation52Growth45Profitability67Health58Quality47Moat20

Growth, Quality and Moat lag behind.

Valuation52
  • P/E vs own history45th pct · 12/25
  • FCF yield-6.2% · 0/25
  • P/S4.7x · 20/25
  • EV/EBITDA10.2x · 20/25
Growth45
  • Revenue CAGR17.9% · 20/25
  • Net income CAGRn/a · 0/25
  • EPS CAGR ~5Yn/a · 0/25
  • Fwd implied growth74.8% · 25/25
Profitability67
  • ROIC6.3% · 5/25
  • ROE12.3% · 12/25
  • Net margin27.9% · 25/25
  • Operating margin45.5% · 25/25
Health58
  • Altman Z2.02 · 18/25
  • Current ratio1.83 · 18/25
  • Interest coverage3.7x · 10/25
  • Net cash / debtD/A 12% · 12/25
Quality47
  • Piotroski F6/9 · 15/25
  • Beneish M-2.45 · 20/25
  • FCF conversion-120% · 0/25
  • Margin stabilityσ 11.8% · 12/25
Moat20
  • ROIC >12% years0/5 yrs · 0/25
  • Median gross margin50.9% · 20/25
  • FCF-positive years1/5 yrs · 0/25
  • Worst-year net marginworst -40.6% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2025Financial
    Best year on record
    $507M net income
  2. FY2023Financial
    Turned profitable
    $105M net income after a loss year
  3. FY2023Financial
    Revenue crossed $1B
    $1.01B for the year
  4. FY2023Financial
    Became debt-free
    cash now exceeds total debt
  5. 2011Acquisition
    The company has been pursuing the development of the Skouries…
  6. 2010Acquisition
    Eldorado acquired, in an all-stock deal worth $122 million, TSX Venture Exchange-listed Brazauro Resources…
  7. 2009IPO
    Eldorado went on to be added to the S&P/TSX 60 in 2009 as one of the largest companies listed on the Toronto Stock…
  8. 2009Acquisition
    It was acquired by Eldorado with its 2009 acquisition of Sino Gold
  9. 1996Acquisition
    After fending off a hostile takeover bid by Glamis Gold the previous year, the company was renamed to…
  10. 1996Milestone
    While the mine began production in 1996, and Eldorado gained 100% ownership in 1997, it was shut down and then sold…
  11. 1994Acquisition
    La Colorada became Eldorado's first productive mine and by the end of the year they had purchased its…
  12. Apr 2, 1992Founded
    The Eldorado Corporation was incorporated in Bermuda on April 2, 1992, by several entrepreneurs who worked together…

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$47 792 today — price return only
$1.8B revenue in FY2025
Revenue up 37.5% year over year
Profitable 3 years in a row
2 948 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • High gross margin (51.7%)
  • Strongly profitable — 27.9% net margin
  • Revenue growing 37.5% year over year

Watch-outs

  • Negative free cash flow (-$609.4M)
  • Loss-making in 2 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

8 of 11 checks passed
  • Revenue growing+37.5% YoY
  • Profitable$507M FY2025
  • Profit growing+32.9% YoY
  • Generates cash-$609M FY2025
  • Debt under controlcurrent ratio 1.83
  • Established company$9.82B market cap
  • Not printing shares+41.8% shares over ~5y
  • Proven track record3/5 profitable years
  • Financially stableAltman Z 2.0 — grey
  • Pays a dividendyield 0.36%
  • Valuation not extremeP/E 15.9
Peer comparisonEldorado Gold Corporation vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
EGO this company$9.8B15.9+37.5%27.9%Mixed
LIN Linde plc Ordinary Share$223.2B30.8+6.6%20.4%Solid
SCCO Southern Copper Corporation$176.8B31.2+32.8%35.9%Strong
NEM Newmont Corporation$124.2B14.4+25.2%33.4%Strong
FCX Freeport-McMoran Inc.$105.8B35.9+0.2%11.4%Strong
AEM Agnico Eagle Mines Ltd.$95.8B15.9+43.7%37.5%Strong
B Barrick Mining Corporation$67.5B10.1+9.2%31.6%Strong

Head-to-head: EGO vs LIN · EGO vs SCCO · EGO vs NEM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 1Buy 6Hold 6Sell 1

Appendix · Financial records

The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of EGO on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $37.66 · market cap $9.82B.