# Eldorado Gold Corporation (EGO) — Stock CV

Eldorado Gold Corporation 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.

> 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.

## Identity

- **Ticker**: EGO
- **Sector**: Basic Materials
- **Industry**: Gold
- **Employees**: 2 948
- **Website**: https://www.eldoradogold.com
- **Market cap**: $9.82B
- **Last price**: $37.66
- **Financial profile**: Mixed

## Vitals (FY2025)

- **Revenue**: $1.82B
- **Net income**: $507M
- **Free cash flow**: -$609M
- **Net debt**: $1.21B
- **P/E**: 15.9
- **Revenue growth (YoY)**: 37.5%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 52 |
| Growth | 45 |
| Profitability | 67 |
| Health | 58 |
| Quality | 47 |
| Moat | 20 |

## Qualifications (beginner checklist) — 8 of 11 passed

- [x] Revenue growing — +37.5% YoY
- [x] Profitable — $507M FY2025
- [x] Profit growing — +32.9% YoY
- [ ] Generates cash — -$609M FY2025
- [x] Debt under control — current ratio 1.83
- [x] Established company — $9.82B market cap
- [ ] Not printing shares — +41.8% shares over ~5y
- [ ] Proven track record — 3/5 profitable years
- [x] Financially stable — Altman Z 2.0 — grey
- [x] Pays a dividend — yield 0.36%
- [x] Valuation not extreme — P/E 15.9

## Experience (career milestones)

- **FY2025** — Best year on record: $507M net income
- **FY2023** — Turned profitable: $105M net income after a loss year
- **FY2023** — Revenue crossed $1B: $1.01B for the year
- **FY2023** — Became debt-free: cash now exceeds total debt
- **2011** — The company has been pursuing the development of the Skouries…
- **2010** — Eldorado acquired, in an all-stock deal worth $122 million, TSX Venture Exchange-listed Brazauro Resources…
- **2009** — 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…
- **2009** — It was acquired by Eldorado with its 2009 acquisition of Sino Gold
- **1996** — After fending off a hostile takeover bid by Glamis Gold the previous year, the company was renamed to…
- **1996** — While the mine began production in 1996, and Eldorado gained 100% ownership in 1997, it was shut down and then sold…
- **1994** — La Colorada became Eldorado's first productive mine and by the end of the year they had purchased its…
- **Apr 2, 1992** — The Eldorado Corporation was incorporated in Bermuda on April 2, 1992, by several entrepreneurs who worked together…

## 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

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $941M | -$136M | -$78.9M |
| FY2022 | $872M | -$354M | -$29.3M |
| FY2023 | $1.01B | $105M | $31.0M |
| FY2024 | $1.32B | $289M | -$169M |
| FY2025 | $1.82B | $507M | -$609M |

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Source: https://stockcv.com/EGO — derived from company filings; may be delayed or incomplete. Information, not investment advice.