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Eldorado Gold Corporation

Basic Materials Updated August 11, 2026
$39.06
52W $21.84 – $51.16
63/100
$10.20B
13.7
1.40
AI Committee Verdict
Buy
63/100
Conviction: Contested · 67% agreement · 6 analysts
Contested

Is EGO Bullish or Bearish?

Bullish. Innellis AI committee rates Eldorado Gold Corporation (EGO) Buy with a composite score of 63/100 , based on 6 analysts with 67% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +12.01 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -7.99 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 29.1% yoy -- genuine top-line momentum. Risk Analyst remains cautious — bollinger bandwidth of 42.2% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Revenue growing 29.1% YoY -- genuine top-line momentum — Growth
  • EPS growing 41.8% YoY — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
  • RSI at 80 is in overbought territory — Technical
  • Bollinger bandwidth of 42.2% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
63/100
Agreement
67%
Analysts
6
Conviction
Contested
Sector Rank
Top 40%
of 95 Basic Materials peers
Value Analyst bullish
62 / 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
Growth Analyst bullish
85 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 29.1% YoY -- genuine top-line momentum
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− RSI at 80 is in overbought territory
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 42.2% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
79.7
Overbought
MACD Histogram
0.899
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$30.68
Resistance
$51.04
Bollinger %B
0.97
Inside Bands
Price vs Moving Averages
EMA 9
$35.90 Above
EMA 21
$33.73 Above
EMA 50
$32.69 Above
EMA 200
$32.21 Above

Fundamental Analysis

Valuation
100
Profitability
77
Financial Health
71
Cash Flow
15
Valuation
P/E Ratio 13.7×
P/B Ratio 1.43×
PEG Ratio 0.33
Dividend Yield 0.38%
52W High $51.16
52W Low $21.84
Quality & Growth
ROE 1208.3%
ROA 768.6%
Gross Margin 4867.7%
Operating Margin 4479.1%
Revenue Growth YoY
Debt / Equity 0.26
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 13.7 (inexpensive relative to a 15-40x range); Price-to-book of 1.4x; PEG ratio of 0.3 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 12.1%; Return on assets of 7.7%; Net margin of 29.9%; Gross margin of 48.7%; Current ratio of 1.31 (tight short-term liquidity); Debt-to-equity of 0.26; Free cash flow per share is negative (-2.48); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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