EGO (Eldorado Gold) 3-1 Month Momentum %: -2.07% (As of Aug. 30, 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.

EGO Eldorado Gold Corp EGO
82 GF Score
Price $45.48
GF Value $29.04
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Eldorado Gold 3-1 Month Momentum %?

Eldorado Gold EGO -5.31% 82 3-1 Month Momentum % is -2.07% as of Aug. 30, 2026. GuruFocus rates EGO with a GF Score™ of 82/100 and a GF Value™ of $29.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,506 Metals & Mining companies, Eldorado Gold ranks better than 79.89% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-30), Eldorado Gold's 3-1 Month Momentum % is -2.07%.

The industry rank for Eldorado Gold's 3-1 Month Momentum % or its related term are showing as below:

EGO's 3-1 Month Momentum % is ranked better than
79.89% of 2506 companies
in the Metals & Mining industry
Industry Median: -16.28 vs EGO: -2.07

Eldorado Gold  (NYSE:EGO) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Eldorado Gold 3-1 Month Momentum % Related Terms


EGO vs NEM, AU: 3-1 Month Momentum % Comparison

For the Gold subindustry, Eldorado Gold's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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 3-1 Month Momentum % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Eldorado Gold's 3-1 Month Momentum % falls into.


EGO
82GF Score
Eldorado Gold Corp EGO
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eldorado Gold  (NYSE:EGO) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -2.07% mean?
Eldorado Gold (EGO) has a 3-1 Month Momentum % of -2.07% as of Aug. 30, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Eldorado Gold and its competitors. According to the industry distribution chart, Eldorado Gold ranks #504 out of 2506 companies in the Metals & Mining industry, placing it in the top 20.1%.
Is Eldorado Gold's 3-1 Month Momentum % too high?
Eldorado Gold's current 3-1 Month Momentum % is -2.07%. Based on the distribution chart, Eldorado Gold ranks #504 out of 2506 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 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #504 out of 2506 companies for 3-1 Month Momentum %. This places Eldorado Gold in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Metals & Mining company?
A good 3-1 Month Momentum % depends on the Metals & Mining industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Eldorado Gold and its competitors. Eldorado Gold's current 3-1 Month Momentum % is -2.07%. 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?
Based on GuruFocus' analysis, Eldorado Gold (EGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $29.04, compared to a current price of $45.48 — trading 56.6% above its estimated fair value. The current 3-1 Month Momentum % is -2.07%. Eldorado Gold's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Eldorado Gold (EGO), the current 3-1 Month Momentum % is -2.07% as of Aug. 30, 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 (EGO) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued. The current stock price of $45.48 is trading 56.6% above its estimated GF Value™ of $29.04. GuruFocus considers Eldorado Gold to be Significantly Overvalued.

Key valuation signals for EGO:

  • 3-1 Month Momentum %: -2.07%
  • GF Value™: $29.04 vs. price of $45.48 (56.6% above fair value)
  • GF Score™: 82/100 with 4 warning signs

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


Eldorado Gold Business Description

Other Exchanges ELO1:GermanyELD:Canada
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.
82GF Score

Get the complete analysis for EGO

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$45.48
Price
$29.04
GF Value