EGO vs AU vs BTG Stock Comparison

Eldorado Gold, AngloGold Ashanti and B2Gold Prices as of Oct 28, 2026 Peers: Industry group
EGO Eldorado Gold Corp /Fi
$34.48 -12.5% 1M +37.5% 1Y
Market cap
$6.85B
P/E
11.1x
Revenue (TTM)
$18.04B
Div. yield
0.61%
Gold Basic Materials
2 wins
AU AngloGold Ashanti PLC
$87.30 -5.9% 1M +32.4% 1Y
Market cap
$44.09B
P/E
11.7x
Revenue (TTM)
$11.83B
Div. yield
5.18%
Gold Basic Materials
6 wins
BTG B2Gold Corp
$5.13 -2.7% 1M +4.7% 1Y
Market cap
$6.88B
P/E
8.3x
Revenue (TTM)
—
Div. yield
1.56%
Gold Basic Materials
4 wins

Head to Head

12 decided of 12

AngloGold Ashanti leads on 6 of the 12 questions below (AngloGold Ashanti 6, B2Gold 4, Eldorado Gold 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEGOAUBTGLeader
Larger companyMarket capitalisation $6.85B $44.09B $6.88B AU
Cheaper on earningsLower P/E, profitable companies only 11.1x 11.7x 8.3x BTG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.5x 10.2x 8.8x BTG
Faster revenue growthRevenue growth, trailing twelve months +37.4% +54.6% — AU
More profitableNet margin, trailing twelve months 3.5% 32.2% — AU
Better return on capitalReturn on invested capital 8.3% 40.5% 44.5% BTG
Less leveragedLower net debt / EBITDA 1.3x — 0.1x BTG
Higher dividend yieldTrailing dividend yield 0.61% 5.18% 1.56% AU
Better 1-year returnPrice return, last 12 months +37.5% +32.4% +4.7% EGO
Better 5-year returnAnnualised price return, 5 years +31.0%/yr +36.4%/yr +4.4%/yr AU
Less volatileAnnualised volatility, 1 year 59.8% 60.1% 60.4% EGO
Higher overall scoreMean of the five percentile scores vs peers 61/100 81/100 76/100 AU

Percentile Scorecard

EGOAUBTG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEGOAUBTG
Valuation 91 #16 of 162 75 #42 of 162 92 #14 of 162
Growth 86 #21 of 147 88 #18 of 147 84 #24 of 147
Profitability 47 #65 of 122 97 #5 of 122 96 #6 of 122
Financial Health 31 #113 of 164 49 #84 of 164 64 #60 of 164
Shareholder Returns 47 #57 of 107 97 #4 of 107 44 #60 of 107
Overall 61 81 76
  • EGO ranked among 176 companies in Metals and Mining
  • AU ranked among 176 companies in Metals and Mining
  • BTG ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEGOAUBTGSPY
1 month -12.5%-5.9%-2.7% +0.9%
3 months +7.9%+12.0%+36.8% +5.9%
6 months +16.4%-3.5%+19.0% +8.5%
Year to date -4.0%+2.4%+13.7% +13.3%
1 year +37.5%+32.4%+4.7% +12.4%
3 years +219.9%+355.2%+57.8% +88.1%
3 years, per year +47.4%+65.8%+16.4% +23.5%
5 years +284.8%+372.4%+23.9% +68.2%
5 years, per year +31.0%+36.4%+4.4% +11.0%
10 years +107.1%+545.7%+84.5% +263.4%
10 years, per year +7.6%+20.5%+6.3% +13.8%

Risk

MeasureEGOAUBTGSPY
Volatility, 1Y 59.8%60.1%60.4% 12.7%
Downside volatility, 1Y 60.8%62.2%60.6% 12.7%
Beta vs S&P 500, 1Y 2.002.202.13 1.00
Return / volatility, 1Y 0.630.540.08 0.98
Max drawdown, 5Y -57.7%-52.8%-53.7% -25.4%
From 52-week high -30.6%-31.9%-17.4% -0.9%
52-week high $49.71$128.26$6.21 $779.14
52-week low $24.93$63.61$3.64 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEGOAUBTG
P/E now vs peer median 11.1xmedian 13.4x 11.7xmedian 13.4x 8.3xmedian 13.4x
P/S now vs peer median 0.4xmedian 3.2x 3.7xmedian 3.2x —median 3.2x
EV/EBITDA now vs peer median 7.0xmedian 7.3x —median 7.3x 5.0xmedian 7.3x
P/FCF now vs peer median 38.5xmedian 14.8x 7.0xmedian 14.8x 6.9xmedian 14.8x
P/B now vs peer median 1.0xmedian 2.3x 4.9xmedian 2.3x 1.7xmedian 2.3x
PEG now vs peer median 0.10median 0.31 —median 0.31 0.44median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEGOAUBTG
Revenue $18.04B $11.83B –
Gross profit $1.10B $6.48B $1.86B
Operating income $971.70M $4.91B $1.93B
Net income $660.53M $4.48B $828.55M
Free cash flow $177.66M $6.34B $1.00B
R&D $51.20M $259.00M –
EPS (diluted) $3.08 $7.48 $0.55
Cash & equivalents $396.83M $2.78B $286.58M
Total debt $1.99B $1.57B $2.06B
Shares (diluted) 205.41M 509.09M 1.48B
Enterprise value $4.32B $33.76B $5.40B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEGOAUBTG
P/E 11.1x 11.7x 8.3x
P/FCF 38.5x 7.0x 6.9x
P/Operating cash flow 16.1x 7.1x 6.9x
P/S 0.4x 3.7x –
P/B 1.0x 4.9x 1.7x
P/Tangible book 1.0x 4.9x 1.7x
EV/EBITDA 7.0x – 5.0x
EV/EBIT 8.7x 8.7x 3.6x
EV/Revenue 0.5x 3.6x –
EV/FCF 47.4x 6.7x 7.0x
EV/Operating cash flow 19.8x 6.9x 7.0x
PEG (3Y EPS CAGR) 0.10 – 0.44

Growth

14 metrics
MetricEGOAUBTG
Revenue growth (1Y) 37.4% 54.6% –
Revenue CAGR (3Y) 167.0% – –
Gross profit growth (1Y) 42.7% 97.4% 107.1%
Gross profit CAGR (3Y) 68.6% – 35.3%
Operating income growth (1Y) 54.3% 165.2% 1,748%
Operating income CAGR (3Y) 35.7% – 46.0%
Net income growth (1Y) 81.3% 115.8% 298.7%
Net income CAGR (3Y) 59.5% – 33.4%
EPS growth (1Y) 70.2% 78.5% 272.5%
EPS CAGR (3Y) 113.5% – 19.0%
Operating cash flow growth (1Y) -7.1% 103.4% 86.2%
Operating cash flow CAGR (3Y) 23.8% – 9.5%
Free cash flow growth (1Y) 426.1% 108.6% 86.2%
Free cash flow CAGR (3Y) 391.0% – 9.5%

Profitability

14 metrics
MetricEGOAUBTG
Gross margin 6.1% 54.8% –
EBITDA margin 6.7% – –
Operating margin 5.4% 41.5% –
Pretax margin 5.0% 51.7% –
Net margin 3.5% 32.2% –
FCF margin 1.0% 53.6% –
Operating cash flow margin 2.4% 52.3% –
Return on equity 9.7% 46.3% 44.1%
Return on assets – 28.7% 29.1%
Return on invested capital 8.3% 40.5% 44.5%
Return on capital employed – 35.2% –
Asset turnover – 0.8x –
Cash conversion (OCF / net income) 0.6x 1.4x 1.2x
Stock comp / revenue 0.1% – –

Financial Health

11 metrics
MetricEGOAUBTG
Debt / assets – 10.1% 7.9%
Debt / equity 0.3x 0.2x 0.1x
Net debt / EBITDA 1.3x – 0.1x
Debt / FCF 11.2x 0.2x 0.5x
Liabilities / assets – 42.4% 30.3%
Equity / assets – 57.6% 69.7%
Interest coverage 64.4x – 31.7x
Current ratio – 2.7x –
Quick ratio – 2.1x –
Cash ratio – 1.8x –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricEGOAUBTG
Dividend yield 0.6% 5.2% 1.6%
Net buyback yield -0.7% – -3.5%
Shareholder yield -0.1% 5.2% -2.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEGOAUBTG
Forward P/E 11.5xFY2026 10.2xFY2026 8.8xFY2026
EPS, next fiscal year $3.01FY2026 $8.52FY2026 $0.58FY2026
EPS growth, next FY +73.0%FY2026 +58.7%FY2026 +26.1%FY2026
EPS growth, the year after +73.4% +9.9% +51.7%
Revenue, next fiscal year $2.77BFY2026 $11.81BFY2026 $3.59BFY2026
Revenue growth, next FY +53.2%FY2026 +21.4%FY2026 +17.5%FY2026
Revenue growth, the year after +45.6% +4.0% +25.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEGOAUBTG
Held by institutions – 45.9% 59.9%
Institutions holding – 563 301
Change in shares held, QoQ – +3.0% +6.2%
Institutions buying – 323 155
Institutions selling – 166 85
Buyers to sellers – 1.95 1.82

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EGOAUBTG
EGO 1.00 0.77 0.72
AU 0.77 1.00 0.78
BTG 0.72 0.78 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EGO, AU and BTG?

AngloGold Ashanti (AU) is the largest by market capitalisation: Eldorado Gold (EGO) $6.85B, AngloGold Ashanti (AU) $44.09B, B2Gold (BTG) $6.88B.

Which stock is cheaper, EGO, AU and BTG?

B2Gold (BTG) trades on the lowest price-to-earnings ratio (Eldorado Gold (EGO) 11.1x, AngloGold Ashanti (AU) 11.7x, B2Gold (BTG) 8.3x). On next year's consensus earnings, B2Gold (BTG) is cheapest (Eldorado Gold (EGO) 11.5x, AngloGold Ashanti (AU) 10.2x, B2Gold (BTG) 8.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

AngloGold Ashanti (AU) grew revenue fastest over the trailing twelve months: Eldorado Gold (EGO) +37.4%, AngloGold Ashanti (AU) +54.6%.

Which company is more profitable?

AngloGold Ashanti (AU) has the highest net margin (Eldorado Gold (EGO) 3.5%, AngloGold Ashanti (AU) 32.2%). On return on invested capital, B2Gold (BTG) leads (Eldorado Gold (EGO) 8.3%, AngloGold Ashanti (AU) 40.5%, B2Gold (BTG) 44.5%).

Which stock has performed better?

Over the past year Eldorado Gold (EGO) returned the most: Eldorado Gold (EGO) +37.5%, AngloGold Ashanti (AU) +32.4%, B2Gold (BTG) +4.7%. Over five years, AngloGold Ashanti (AU) compounded fastest (Eldorado Gold (EGO) +31.0%/yr, AngloGold Ashanti (AU) +36.4%/yr, B2Gold (BTG) +4.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

AngloGold Ashanti (AU) has the highest dividend yield: Eldorado Gold (EGO) 0.61%, AngloGold Ashanti (AU) 5.18%, B2Gold (BTG) 1.56%.

Which stock is riskier?

By one-year price volatility, Eldorado Gold (EGO) has been the steadiest (Eldorado Gold (EGO) 59.8%, AngloGold Ashanti (AU) 60.1%, B2Gold (BTG) 60.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EGO, AU and BTG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, AngloGold Ashanti (AU) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.