Steven Reid - Eldorado Gold Independent Chairman of the Board

EGO Stock  USD 15.88  0.18  1.15%   

Chairman

Mr. Steven P. Reid is Independent Director of Eldorado Gold Corporationrationration. He was first elected to the Board in May 2013. Mr. Reid was previously the Executive Vice President and COO for Goldcorp Inc., from January 2007 to September 2012. He has over 40 years of experience in the mineral resource industry. since 2021.
Age 64
Tenure 3 years
Address Bentall 5, Vancouver, BC, Canada, V6C 2B5
Phone604 687 4018
Webhttps://www.eldoradogold.com

Eldorado Gold Management Efficiency

The company has Return on Asset of 0.0386 % which means that on every $100 spent on assets, it made $0.0386 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0793 %, implying that it generated $0.0793 on every 100 dollars invested. Eldorado Gold's management efficiency ratios could be used to measure how well Eldorado Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Eldorado Gold's Return On Assets are very stable compared to the past year. As of the 29th of November 2024, Asset Turnover is likely to grow to 0.24, while Total Assets are likely to drop about 3 B.
Eldorado Gold Corp has 658.81 M in debt with debt to equity (D/E) ratio of 0.16, which may show that the company is not taking advantage of profits from borrowing. Eldorado Gold Corp has a current ratio of 3.54, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Eldorado to invest in growth at high rates of return.

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Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. Eldorado Gold Corporation was incorporated in 1992 and is headquartered in Vancouver, Canada. Eldorado Gold operates under Gold classification in the United States and is traded on New York Stock Exchange. Eldorado Gold Corp (EGO) is traded on New York Stock Exchange in USA. It is located in Bentall 5, Vancouver, BC, Canada, V6C 2B5 and employs 4,800 people. Eldorado Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Eldorado Gold Corp Leadership Team

Elected by the shareholders, the Eldorado Gold's board of directors comprises two types of representatives: Eldorado Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eldorado. The board's role is to monitor Eldorado Gold's management team and ensure that shareholders' interests are well served. Eldorado Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eldorado Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Dick, Chief Operating Officer, Executive Vice President
Paul Ferneyhough, Senior Vice President Chief Growth and Integration Officer
Pamela Gibson, Independent Director
Nora Lozano, Safety Health
Stephanie Shaw, Vice Resources
Jason Cho, Executive Vice President - Strategy & Corporate Development
Lisa Ower, Executive Vice President People and External Affairs
Philip CA, Ex CFO
PEng Eng, VP Relations
John Webster, Independent Director
Brock Gill, Vice President - Projects and Transformation
Peter PGeo, VP Exploration
Philip Yee, Chief Financial Officer, Executive Vice President
Timothy Garvin, Executive Vice President General Counsel
Judith Mosely, Independent Director
Andor Lips, Vice President - European Strategy & Corporate Sustainability
Simon Hille, Vice President - Technical Services
Louise McMahon, Director Affairs
Claire Chamberlain, Vice Exploration
Per Frank, Senior Operations
George Albino, Independent Chairman of the Board
David Bickford, Vice President General Manager - Turkey
Steve Reid, Chairman of the Board
George Burns, President, Chief Executive Officer, Director
Catharine Farrow, Independent Director
Ryan Swedburg, Senior Finance
Graham Morrison, Vice Development
Lynette Gould, Communications Relations
Steven Reid, Independent Chairman of the Board
Frank Herbert, General VP
Paul Skayman, Chief Operating Officer
Michael Price, Independent Director
Teresa Conway, Independent Director
Carissa Browning, Director
Sylvain Lehoux, Vice President and General Manager - Quebec
MS BSc, Ex Officer

Eldorado Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Eldorado Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Eldorado Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eldorado Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eldorado Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eldorado Stock

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  0.69DOW Dow Inc Fiscal Year End 23rd of January 2025 PairCorr

Moving against Eldorado Stock

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The ability to find closely correlated positions to Eldorado Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eldorado Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eldorado Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eldorado Gold Corp to buy it.
The correlation of Eldorado Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eldorado Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eldorado Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eldorado Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Eldorado Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eldorado Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eldorado Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eldorado Gold Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eldorado Gold. If investors know Eldorado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eldorado Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.667
Earnings Share
1.41
Revenue Per Share
5.868
Quarterly Revenue Growth
0.355
Return On Assets
0.0386
The market value of Eldorado Gold Corp is measured differently than its book value, which is the value of Eldorado that is recorded on the company's balance sheet. Investors also form their own opinion of Eldorado Gold's value that differs from its market value or its book value, called intrinsic value, which is Eldorado Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eldorado Gold's market value can be influenced by many factors that don't directly affect Eldorado Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eldorado Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eldorado Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eldorado Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.