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EGO vs. AGI: Which Stock Is the Better Value Option?
ZACKS· 2025-07-09 16:40
Core Viewpoint - Eldorado Gold Corporation (EGO) and Alamos Gold (AGI) are both considered strong options for investors seeking undervalued stocks in the Mining - Gold sector, with EGO currently appearing as the superior value option based on various valuation metrics [1][7]. Valuation Metrics - EGO has a forward P/E ratio of 11.48, while AGI has a forward P/E of 18.23, indicating that EGO is more attractively priced relative to its earnings [5]. - EGO's PEG ratio is 0.34, compared to AGI's PEG ratio of 0.53, suggesting that EGO offers better value when considering expected earnings growth [5]. - EGO's P/B ratio stands at 1.02, while AGI's P/B ratio is significantly higher at 3.05, further supporting EGO's position as the more undervalued stock [6]. Earnings Outlook - Both EGO and AGI hold a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook driven by favorable analyst estimate revisions [3].
4 High Earnings Yield Value Stocks You Should be Owning
ZACKS· 2025-07-07 14:21
Market Overview - The U.S. stock market has rebounded from April lows, ending the first half of the year positively, aided by a strong June jobs report and easing tariff concerns [1] - Despite the recovery, caution persists due to unresolved trade tensions and uncertainty regarding the Federal Reserve's interest rate decisions [1] Investment Strategy - In an unpredictable market, value investing is recommended, focusing on undervalued stocks with strong fundamentals for stability and long-term gains [2] - Investing in solid businesses trading at fair or discounted prices is suggested over chasing volatile, hype-driven stocks [2] Value Stocks - Notable value stocks with high earnings yield include Fresenius Medical Care AG & Co (FMS), Eldorado Gold (EGO), Hope Bancorp Inc. (HOPE), and Heritage Insurance Holdings, Inc. (HRTG) [3][9] - These stocks have earnings yields above 10% and strong growth forecasts, making them attractive for value-focused investors [9] Earnings Yield Metric - Earnings yield is calculated as (Annual Earnings per Share/Market Price) x 100, indicating the anticipated return from earnings for each dollar invested [4] - A higher earnings yield suggests a stock is underpriced compared to its peers, while a lower yield indicates it may be overpriced [4] Comparison with Treasury Yield - Earnings yield can be compared with the 10-year Treasury yield to assess the relative attractiveness of stocks versus bonds [5] - When the market index yield exceeds the 10-year Treasury yield, stocks may be considered undervalued, making them a better option for value investors [5] Stock Screening Criteria - A primary screening criterion is an earnings yield greater than 10%, supplemented by estimated EPS growth and average daily trading volume [6][7] - Stocks should also have a current price of at least $5 to ensure adequate liquidity [8] Stock Performance and Growth Estimates - Fresenius Medical Care is projected to have year-over-year earnings growth of 33% and 12% for 2025 and 2026, respectively, with upward revisions in EPS estimates [10] - Eldorado Gold anticipates earnings growth of 10% and 55% for the same years, also showing upward revisions in EPS estimates [11] - Hope Bancorp expects year-over-year growth of 12% and 40%, with recent upward revisions in EPS estimates [12] - Heritage Insurance forecasts significant growth of 62% and 13% for 2025 and 2026, respectively, with substantial upward revisions in EPS estimates [13]
New Strong Buy Stocks for July 2nd
ZACKS· 2025-07-02 10:51
Group 1 - Eldorado Gold Corporation (EGO) has seen a 16.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Mitsubishi Corporation (MSBHF) has experienced a 7.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Societe Generale (SCGLY) has recorded a 7.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Seven & i Holdings Co., Ltd. (SVNDY) has seen an 18.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - The Estee Lauder Companies Inc. (EL) has experienced a 6.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
Equinox Gold vs. Eldorado Gold: Which Gold Miner is Shining Brighter?
ZACKS· 2025-06-26 13:16
Core Viewpoint - Equinox Gold Corp. (EQX) and Eldorado Gold Corporation (EGO) are mid-tier diversified gold producers in Canada, with favorable gold prices currently above $3,300 per ounce despite a decline from April 2025 highs, making them relevant for investors in the precious metals sector [1][2]. Equinox Gold (EQX) - EQX has evolved into a diversified, growth-focused gold producer with a target of over one million ounces of annual production through expansions [4]. - The company operates five mines and has three expansion projects expected to add approximately 300,000 ounces of annual production in the coming years [4]. - The Greenstone mine is ramping up production, targeting 196,000 tons per day and expected to produce around 390,000 ounces annually at full capacity [5]. - EQX's recent business combination with Calibre Mining Corp. positions it as the second-largest gold producer in Canada, with a combined annual production of over 1.2 million ounces [6][7]. - The company ended Q1 with $173 million in unrestricted cash and $65 million in an undrawn credit facility, generating $73.3 million in cash flow from operations [8]. - However, EQX's all-in-sustaining costs (AISC) increased to $2,065 per ounce, reflecting operational cost inflation and challenges at the Greenstone mine [10][11]. - EQX expects $35 million in mine suspension costs from the Los Filos mine in Q2 but anticipates cost reductions with rising production in late 2025 [11]. Eldorado Gold (EGO) - EGO operates four mines across Turkey, Canada, and Greece, with a strong asset portfolio supporting long-term demand [12][13]. - The Skouries project in Greece is expected to be a key growth driver, with first production anticipated in Q1 2026 and an average output of 140,000 ounces of gold and 67 million pounds of copper annually over 20 years [14]. - EGO aims to increase annual gold production to 660,000-720,000 ounces by 2027, representing a 33% growth from 2024 [16]. - As of March 31, 2025, EGO had $978 million in cash and $241 million in available credit, with a long-term debt-to-capitalization ratio of around 19% [17]. - EGO's stock has gained 37.7% year-to-date, outperforming EQX's 17.1% increase [18]. Price Performance and Valuation - EQX is trading at a forward 12-month earnings multiple of 7.83, which is a 40.6% discount to the industry average of 13.19 [20]. - EGO's stock is trading at a forward earnings multiple of 9.86, below the industry average [21]. - The Zacks Consensus Estimate for EQX's 2025 sales and EPS implies a year-over-year rise of 53.2% and 135%, respectively, while EGO's estimates suggest growth of 19.3% and 10.8% [25][26]. Investment Outlook - Both EQX and EGO are positioned to benefit from the bullish gold market, but EQX's higher operational costs may pose risks [27]. - EGO's rising earnings estimates and lower leverage suggest it may offer better investment prospects in the current market environment [27].
EGO or AEM: Which Is the Better Value Stock Right Now?
ZACKS· 2025-06-23 16:41
Core Viewpoint - The article compares Eldorado Gold Corporation (EGO) and Agnico Eagle Mines (AEM) to determine which stock is a better undervalued investment option for investors in the Mining - Gold sector [1]. Group 1: Company Rankings and Valuation Metrics - EGO has a Zacks Rank of 1 (Strong Buy), while AEM has a Zacks Rank of 2 (Buy), indicating that EGO is likely experiencing a more favorable earnings outlook [3]. - EGO's forward P/E ratio is 12.65, significantly lower than AEM's forward P/E of 20.01, suggesting EGO may be undervalued relative to AEM [5]. - EGO has a PEG ratio of 0.37, compared to AEM's PEG ratio of 1.05, indicating EGO's expected earnings growth is more favorable [5]. - EGO's P/B ratio is 1.07, while AEM's P/B ratio is 2.81, further supporting the notion that EGO is more attractively valued [6]. Group 2: Value Grades - Based on various valuation metrics, EGO holds a Value grade of A, whereas AEM has a Value grade of C, indicating EGO is perceived as a better value investment [6]. - EGO has experienced stronger estimate revision activity and possesses more attractive valuation metrics than AEM, leading to the conclusion that EGO is the superior option for value investors at this time [7].
Eldorado Gold Corporation (EGO) Is Up 5.18% in One Week: What You Should Know
ZACKS· 2025-06-09 17:06
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify effective metrics for momentum, addressing the challenges in defining momentum [2] Group 2: Eldorado Gold Corporation (EGO) Analysis - Eldorado Gold Corporation currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - EGO has a Zacks Rank of 2 (Buy), with research showing that stocks rated 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B tend to outperform the market over the following month [4] Group 3: Performance Metrics - EGO shares have increased by 5.18% over the past week, outperforming the Zacks Mining - Gold industry, which rose by 2.97% [6] - Over the past quarter, EGO shares have surged by 38.47%, and over the last year, they have gained 40.49%, while the S&P 500 has only moved 4.9% and 13.46%, respectively [7] Group 4: Trading Volume and Earnings Outlook - EGO's average 20-day trading volume is 1,778,842 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the past two months, 4 earnings estimates for EGO have been revised upwards, increasing the consensus estimate from $1.42 to $1.64, with no downward revisions for the next fiscal year [10] Group 5: Conclusion - Considering the strong performance metrics and positive earnings outlook, EGO is positioned as a promising investment opportunity with a Momentum Score of A [12]
Eldorado Gold Announces Election of Directors and Results from the 2025 Annual and Special Meeting of Shareholders
Globenewswire· 2025-06-04 11:00
VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation ("Eldorado" or "the Company") is pleased to announce that all director nominees, as listed in the Management Proxy Circular dated April 15, 2025, were elected as directors of Eldorado at the Company's Annual and Special Meeting of Shareholders (the "Meeting") held on June 3, 2025. "On behalf of the Board, we would like to thank our shareholders for their continued support. With our transformative Skouries copper-gold pr ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Eldorado Gold Corporation Investors to Inquire About Securities Class Action Investigation - EGO
Prnewswire· 2025-05-22 08:39
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Eldorado Gold Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased Eldorado Gold securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Eldorado Gold [2]. Group 2: Company Update and Stock Performance - On February 5, 2025, Eldorado Gold announced delays in the Skouries Project due to labor market tightness in Greece, which has affected the availability of construction personnel [3]. - The company now expects first production at Skouries in Q1 2026 and commercial production by mid-2026 [3]. - Following this announcement, Eldorado Gold's stock price fell by 11.2% on February 6, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4]. - The firm was ranked No. 1 for the number of securities class action settlements in 2017 and has recovered hundreds of millions of dollars for investors over the years [4].
Eldorado Gold Publishes 2024 Sustainability Report; Sustainability From the Ground Up
GlobeNewswire News Room· 2025-05-13 21:00
(All amounts expressed in U.S. dollars unless otherwise noted) VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to announce the publication of its 2024 Sustainability Report (the “Report”), which provides details of the Company’s environmental, social and governance (“ESG”) performance over the past year. The Report is available on Eldorado’s website (https://www.eldoradogold.com/sustainability/reporting). "At Eldorado, we integ ...
Eldorado Gold: Rising Costs And Lower Production Paint A Grim Outlook This Year
Seeking Alpha· 2025-05-10 10:17
Core Insights - Canadian miner Eldorado Gold reported quarterly results with better-than-expected revenue amid a gold bull run, with gold prices exceeding $3,000 an ounce for the first time [1] - Despite the strong revenue performance, net income was slightly below estimates [1] Company Performance - Eldorado Gold's revenue exceeded expectations due to favorable market conditions in the gold sector [1] - The company experienced a significant increase in gold prices, contributing to its revenue growth [1] - However, the net income reported was lower than market estimates, indicating potential challenges in cost management or operational efficiency [1] Market Context - The gold market is currently experiencing a bull run, which has driven prices to historic highs [1] - This environment presents both opportunities and challenges for mining companies like Eldorado Gold, as they navigate operational costs and profit margins [1]