Stock Price of Eldorado Gold Corporation (EGO) Increases 5.28%

Eldorado Gold Corporations in-depth stock price analysis indicates that the stock price has rallied 38.32% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 6.46% . Looking at the past 52 week period, the stock price is up at 21.09% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Eldorado Gold Corporation has a positive value of 1.9 compared to overall market. Eldorado Gold Corporation (NYSE:EGO) has climbed 5.28% in the past week and advanced 11.47% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.43% and the outperformance has advanced to 9.48% for the last 4 weeks period.

Eldorado Gold Corporation (NYSE:EGO) : On Friday heightened volatility was witnessed in Eldorado Gold Corporation (NYSE:EGO) which led to swings in the share price. The stock opened for trading at $3.67 and hit $3.8 on the upside , eventually ending the session at $3.79, with a gain of 1.61% or 0.06 points. The heightened volatility saw the trading volume jump to 5,011,398 shares. The 52-week high of the share price is $5.16 and the company has a market cap of $2,716 million. The 52-week low of the share price is at $2.49 .

Eldorado Gold Corp (USA) Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.03 EPS for the quarter. Analyst had a consensus estimate of $0.03. The company had revenue of $156.00 million for the quarter, compared to analysts expectations of $226.27 million. The companys revenue was up 38.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.01 EPS.

Eldorado Gold is a gold producing and exploration company with gold assets in Brazil and Turkey.


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