| Eldorado Gold owns and operates mines worldwide, primarily gold mines, but also a silver-lead-zinc mine and an inactive iron ore mine. Its activities involve all facets of the mining industry, including exploration, discovery, acquisition, financing, development, production, sale of mineral products, and reclamation. Co.'s business is focused in Turkey, Canada, Greece, Brazil and Romania. Co.'s operating gold mines include: Kisladag, Turkey (100.0%); Efemcukuru, Turkey (100.0%); Lamaque, Canada (100.0%); and Olympias, Greece (95.0%). Co.'s other operating mines and development projects include: Skouries, Greece (95.0%) development project and Stratoni, Greece (95.0%) silver-lead-zinc mine. We show 17 historical shares outstanding datapoints in our EGO shares outstanding history coverage, used to compute EGO market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EGO market cap history over the course of time is important for investors
interested in comparing EGO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of EGO versus a peer is one thing; comparing
EGO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EGO can fluctuate over the course of history.
With this page we aim to empower investors researching EGO by allowing them to research the EGO market cap history.