EGO
Eldorado Gold Corporation Basic Materials - Gold Investor Relations →
Eldorado Gold Corporation (EGO) closed at $29.86 as of 2026-05-01, trading 79.8% above its 200-week moving average of $16.60. The stock is currently moving closer to the line, down from 94.5% last week. The 14-week RSI sits at 34, indicating neutral momentum.
A big spike in selling this week — 2.0x the usual volume, and the price dropped. Sometimes this kind of heavy selling marks the end of a decline. The idea is that the last reluctant holders have finally sold, leaving fewer sellers left to push the price lower.
Over the past 1166 weeks of data, EGO has crossed below its 200-week moving average 12 times. On average, these episodes lasted 39 weeks. Historically, investors who bought EGO at the start of these episodes saw an average one-year return of +52.1%.
With a market cap of $7.8 billion, EGO is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 14.0%. The stock trades at 1.4x book value.
Share count has increased 7.1% over three years, indicating dilution.
Over the past 22.4 years, a hypothetical investment of $100 in EGO would have grown to $197, compared to $978 for the S&P 500. EGO has returned 3.1% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: EGO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After EGO Crosses Below the Line?
Across 12 historical episodes, buying EGO when it crossed below its 200-week moving average produced an average return of +39.8% after 12 months (median +38.0%), compared to +22.4% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +87.0% vs +41.2% for the index.
Each line shows $100 invested at the moment EGO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
EGO has crossed below its 200-week MA 12 times with an average 1-year return of +52.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 2004 | May 2004 | 3 | 9.7% | +7.1% | +194.7% |
| Apr 2005 | Jun 2005 | 11 | 18.2% | +103.3% | +160.3% |
| Oct 2008 | Nov 2008 | 6 | 36.5% | +178.9% | +45.0% |
| Dec 2008 | Dec 2008 | 1 | 5.4% | +177.7% | +29.1% |
| Apr 2012 | Apr 2012 | 1 | 1.6% | -35.7% | -52.1% |
| May 2012 | Sep 2012 | 17 | 22.9% | -33.4% | -46.4% |
| Dec 2012 | Apr 2020 | 385 | 79.8% | -58.5% | -54.8% |
| May 2020 | Jun 2020 | 4 | 5.5% | +41.4% | +256.1% |
| May 2022 | Jan 2023 | 34 | 37.5% | +38.9% | +269.7% |
| Feb 2023 | Feb 2023 | 2 | 2.9% | +25.5% | +243.0% |
| Jul 2023 | Sep 2023 | 6 | 8.3% | +82.3% | +223.7% |
| Sep 2023 | Oct 2023 | 2 | 6.1% | +97.5% | +235.7% |
| Average | 39 | — | +52.1% | — |
Frequently Asked Questions
Is EGO below its 200-week moving average?
No. Eldorado Gold Corporation (EGO) is currently 79.8% above its 200-week moving average of $16.60. It would need to fall to $16.60 to cross below the line.
What is EGO's 200-week moving average price?
Eldorado Gold Corporation's 200-week moving average is $16.60 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when EGO drops below its 200-week moving average?
EGO has crossed below its 200-week moving average 12 times in our data. On average, buying at that moment produced a one-year return of +52.1%. These dips have historically been decent entry points. These episodes lasted 39 weeks on average.
Is EGO a good value right now?
Here's what our data says about EGO as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 34. Free cash flow is currently negative. Return on equity is 14.0%. Price-to-book is 1.4x. This is not a buy or sell recommendation — always do your own research.
How does EGO compare to the S&P 500?
Over the past 22.4 years, $100 invested in EGO would have grown to $197, compared to $978 for the S&P 500. That's 3.1% annualized vs 10.7% for the index. EGO has underperformed the broader market over this period.
Does EGO pay a dividend?
Yes. Eldorado Gold Corporation currently pays a dividend yield of 100.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01