Eldorado Gold (MEX:EGO N) Moat Score: 4/10 (As of Jul. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:EGO N Eldorado Gold Corp MEX:EGO N
91 GF Score
Price MXN338.00
GF Value MXN409.87
! 3 Warning Signs
View Full Analysis

What is Eldorado Gold Moat Score?

Eldorado Gold MEX:EGO N 91 Moat Score is 4 as of Jul. 21, 2026. GuruFocus rates MEX:EGO N with a GF Score™ of 91/100 and a GF Value™ of MXN409.87. The stock has 3 warning signs investors should review. Among 2,604 Metals & Mining companies, Eldorado Gold ranks better than 97.12% on this metric.

Eldorado Gold has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Eldorado Gold has Narrow Moat: Eldorado Gold Corp has a modest moat due to its established mining operations and some cost advantages. However, the cyclical nature of the gold market and regulatory challenges limit its competitive edge.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Eldorado Gold might have Narrow Moat - Discernible but modest moat.

Eldorado Gold  (MEX:EGO N) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Eldorado Gold Moat Score Related Terms

MEX:EGO N vs NEM, AU: Moat Score Comparison

For the Gold subindustry, Eldorado Gold's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eldorado Gold Moat Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's Moat Score distribution charts can be found below:

* The bar in red indicates where Eldorado Gold's Moat Score falls into.


MEX:EGO N
91GF Score
Eldorado Gold Corp MEX:EGO N
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Eldorado Gold (MEX:EGO N) has a Moat Score of 4 as of Jul. 21, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Eldorado Gold ranks #75 out of 2604 companies in the Metals & Mining industry, placing it in the top 2.9%.
Is Eldorado Gold's Moat Score too high?
Eldorado Gold's current Moat Score is 4. The Metals & Mining industry median Moat Score is 1.00. Eldorado Gold's value of 4 is 300% above this industry median. Based on the distribution chart, Eldorado Gold ranks #75 out of 2604 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Eldorado Gold has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Moat Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #75 out of 2604 companies for Moat Score. This places Eldorado Gold in the top 3% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Eldorado Gold's value of 4 is 300% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,604 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eldorado Gold's current Moat Score of 4 is 300% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eldorado Gold's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Eldorado Gold (MEX:EGO N) has a current Moat Score of 4. The stock's GF Value™ is MXN409.87, compared to a current price of MXN338.00 — trading 17.5% below its estimated fair value. The current Moat Score is 4 and 300% above the Metals & Mining industry median of 1.00. Eldorado Gold's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Eldorado Gold (MEX:EGO N), the current Moat Score is 4 as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eldorado Gold (MEX:EGO N) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be undervalued. The current stock price of MXN338.00 is trading 17.5% below its estimated GF Value™ of MXN409.87.

Key valuation signals for MEX:EGO N:

  • Moat Score: 4
  • GF Value™: MXN409.87 vs. price of MXN338.00 (17.5% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 300% above the Metals & Mining median (#75 of 2604)

No single metric tells the full story. See the MEX:EGO N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Eldorado Gold Business Description

Address 550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
91GF Score

Get the complete analysis for MEX:EGO N

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN338.00
Price
MXN409.87
GF Value