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Rank #21 · NYSE:EGO
Mid-Tier Producer · Primary: Gold
Canada · Jurisdictions: Turkiye, Greece, Canada
Canonical listing price
$37.66
+2.17%(+0.80 USD)
Updated 10/9/2026, 1:30:00 PM
Price data: Twelve Data
Gold · Mid-Tier Producer
vs Gold
1M -8.1 pp·3M +34.1 pp
vs GDX
1M -5.0 pp·3M +7.6 pp
1M vs Gold Miners group: -4.8 pp
Jurisdiction: Turkiye, Greece, Canada · Market cap rank-only (licensing)
Close-based returns and relative performance in percentage points vs mapped metal/ETF. Not a buy/sell signal or price target.
Next report
Reporting calendar →FY2026 · Expected window 2028-03-21 → 2028-04-04
Expected window 2028-03-21 → 2028-04-04 (FY2026).
Valuation
Current market multiples relative to reported TTM financials. Peer context uses the Mining 50 Gold · Mid-Tier Producer group. Not fair value, price targets, or investment advice.
Historical Valuation
Historical valuation unavailable
Historical share price is unavailable for one or more filing dates.
Balance Sheet & Capital Allocation
Annual FY trends from certified filing data. Descriptive direction and magnitude only — not a quality score or investment recommendation.
Cash
$869.36M
+$12.56M YoY (+1.5%)
Debt
$1.28B
+$359.63M YoY (+39.3%)
Net Debt
Net Debt: $405.70M
+$347.07M YoY (+592.0%)
Share Count
198.6M
-6.4M shares YoY (-3.1%)
3-year share count change: +7.5% over 3 years
Capex / Revenue
48.0%
Prior year: 44.7%
FCF Conversion
-16.7%
Prior year: 9.4%
FCF (FY)
$-123.85M
$-185.74M YoY (-300.1%)
Debt Increase
Total debt increased $359.63M (+39.3%) versus the prior year.
2024-12-31 → 2025-12-31
Higher Capex
Capital expenditures increased from $594.14M to $866.36M.
2024-12-31 → 2025-12-31
Operating Performance
Annual FY revenue, cash flow, capex, and margins from certified filing data. Descriptive trends only — not a quality score or investment recommendation.
Revenue
$1.80B
+$474.30M YoY (+35.7%)
Operating Cash Flow
$742.51M
+$86.48M YoY (+13.2%)
Free Cash Flow
$-123.85M
Free cash flow moved from $61.88M to $-123.85M.
Capex
$866.36M
+$272.22M YoY (+45.8%)
3-year revenue change: +106.9% over 3 years
OCF Margin
41.2%
Prior year: 49.4%
Change: -8.2 pp
FCF Margin
-6.9%
Prior year: 4.7%
Change: -11.5 pp
Capex / Revenue
48.0%
Prior year: 44.7%
Revenue Increase
Revenue increased 35.7% versus the prior comparable period.
2024-12-31 → 2025-12-31
Free Cash Flow Turned Negative
Free cash flow moved from $61.88M to $-123.85M.
2024-12-31 → 2025-12-31
Higher Capital Spending
Capital expenditures increased from $594.14M to $866.36M.
2024-12-31 → 2025-12-31
OCF Margin Decline
Operating cash flow margin moved from 49.4% to 41.2% (-8.2 pp).
2024-12-31 → 2025-12-31
FCF Margin Decline
Free cash flow margin moved from 4.7% to -6.9% (-11.5 pp).
2024-12-31 → 2025-12-31
Fundamental Changes
Deterministic changes from certified financial metrics. Descriptive only — not a quality score or investment recommendation.
Latest filing period: 7 material changes · 22 operating · 9 balance-sheet · 5 capital-allocation
FY2025 · Filed Mar 27, 2026
Debt Increase
Total debt increased $359.63M (+39.3%) versus the prior year.
Official filing sourceRevenue Increase
Revenue increased 35.7% versus the prior comparable period.
Official filing sourceFree Cash Flow Turned Negative
Free cash flow moved from $61.88M to $-123.85M.
Official filing sourceOCF Margin Decline
Operating cash flow margin moved from 49.4% to 41.2% (-8.2 pp).
Official filing sourceFCF Margin Decline
Free cash flow margin moved from 4.7% to -6.9% (-11.5 pp).
Official filing sourceNet Debt Increase
Net debt increased from $58.63M to $405.70M (+592.0%).
Official filing sourceHigher Capex
Capital expenditures increased from $594.14M to $866.36M.
Official filing sourceFY2024 · Filed Mar 27, 2026
Debt Increase
Total debt increased $279.37M (+43.9%) versus the prior year.
Official filing sourceModules: mtf-trend, momentum, relative-strength · Last calculated: 10/12/2026, 10:41:06 AM
Price data provided by Twelve Data. Charts provided by TradingView. Grey Rabbit Scores and analysis are proprietary to Grey Rabbit Markets.
Gold · Mid-Tier Producer · factual only
| Company | Market Cap | Production | AISC | Net Debt / Cash |
|---|---|---|---|---|
| Eldorado Gold Corporation(EGO) | $7.52B | 540.0 koz | $1,664/oz | $405.70M |
| Alamos Gold Inc.(AGI) | — | 610.0 koz | $1,524/oz | $423.00M |
| Aris Mining Corporation(ARIS) | — | 325.0 koz | $1,705/oz | $127.59M |
| B2Gold Corp.(BTG) | — | 895.0 koz | $1,584/oz | $217.90M |
| Centerra Gold Inc.(CGAU) | — | 265.0 koz | $1,614/oz | $529.00M |
| DRDGOLD Limited(DRD) | — | 145.0 koz | $1,716/oz | $72.00M |
| Equinox Gold Corp.(EQX) | — | 750.0 koz | $1,925/oz | $1.15B |
Sorted by market cap then name — not a ranking. Comparable curated fields only.
Multi-period filing history is available on Pro. Latest TTM P&L above is public.
Derived: eligible price × ADR-aware shares · Eldorado Gold Corporation · Derived: Debt − Cash · Through 2026-02-01 · Coverage 7/8 key fields · not live filing scrape · Filing-backed TTM P&L from SEC companyfacts (cached — not live scrape)
Periods: YE 2025 (Q4 basic WAVG proxy after NCIB cancellations) · YE 2025 · FY 2026 Guidance · FY 2025 · MRMR as of Sep 30, 2025 (Nov 2025 release) · 2025-12-31 · 2020-12-31
MINING50-MARKETCAP-1.0 · MINING50-NETDEBT-1.0 · MINING50-TTM-1.0 · MINING50-FCF-1.0 · MINING50-FCF-MARGIN-1.0
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