EGO vs KGC vs BTG Stock Comparison

Eldorado Gold, Kinross Gold and B2Gold Prices as of Oct 29, 2026 Peers: Industry group
EGO Eldorado Gold Corp /Fi
$32.38 -16.8% 1M +29.1% 1Y
Market cap
$6.19B
P/E
9.8x
Revenue (TTM)
$18.04B
Div. yield
–
Gold Basic Materials
3 wins
KGC Kinross Gold Corp
$21.58 -11.3% 1M -6.6% 1Y
Market cap
$24.32B
P/E
7.7x
Revenue (TTM)
$8.44B
Div. yield
0.00%
Gold Basic Materials
5 wins
BTG B2Gold Corp
$4.98 -6.7% 1M +4.4% 1Y
Market cap
$6.04B
P/E
7.4x
Revenue (TTM)
—
Div. yield
–
Gold Basic Materials
3 wins

Head to Head

11 decided of 12

Kinross Gold leads on 5 of the 12 questions below (Kinross Gold 5, B2Gold 3, Eldorado Gold 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEGOKGCBTGLeader
Larger companyMarket capitalisation $6.19B $24.32B $6.04B KGC
Cheaper on earningsLower P/E, profitable companies only 9.8x 7.7x 7.4x BTG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.8x 9.1x 8.6x BTG
Faster revenue growthRevenue growth, trailing twelve months +37.4% +31.0% — EGO
More profitableNet margin, trailing twelve months 3.5% 37.6% — KGC
Better return on capitalReturn on invested capital 8.3% 41.6% 44.5% BTG
Less leveragedLower net debt / EBITDA 1.3x -0.3x 0.1x KGC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +29.1% -6.6% +4.4% EGO
Better 5-year returnAnnualised price return, 5 years +29.3%/yr +29.2%/yr +3.8%/yr EGO
Less volatileAnnualised volatility, 1 year 60.2% 54.7% 60.5% KGC
Higher overall scoreMean of the five percentile scores vs peers 60/100 78/100 76/100 KGC

Percentile Scorecard

EGOKGCBTG

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

AxisEGOKGCBTG
Valuation 91 #15 of 163 90 #17 of 163 93 #13 of 163
Growth 87 #20 of 148 82 #27 of 148 84 #24 of 148
Profitability 46 #67 of 123 99 #2 of 123 96 #6 of 123
Financial Health 31 #114 of 164 76 #40 of 164 65 #58 of 164
Shareholder Returns 46 #59 of 108 40 #65 of 108 41 #64 of 108
Overall 60 78 76
  • EGO ranked among 176 companies in Metals and Mining
  • KGC 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

PeriodEGOKGCBTGSPY
1 month -16.8%-11.3%-6.7% +0.7%
3 months -1.0%-8.7%+29.0% +3.7%
6 months +4.1%-28.6%+10.7% +7.1%
Year to date -9.9%-23.4%+10.4% +12.8%
1 year +29.1%-6.6%+4.4% +11.9%
3 years +197.6%+309.5%+53.7% +85.2%
3 years, per year +43.9%+60.0%+15.4% +22.8%
5 years +261.4%+259.1%+20.3% +67.6%
5 years, per year +29.3%+29.2%+3.8% +10.9%
10 years +94.5%+477.0%+79.1% +262.0%
10 years, per year +6.9%+19.2%+6.0% +13.7%

Risk

MeasureEGOKGCBTGSPY
Volatility, 1Y 60.2%54.7%60.5% 12.7%
Downside volatility, 1Y 61.2%57.4%60.6% 12.6%
Beta vs S&P 500, 1Y 2.021.962.14 1.00
Return / volatility, 1Y 0.48-0.120.07 0.94
Max drawdown, 5Y -57.7%-56.0%-53.7% -25.4%
From 52-week high -34.9%-43.3%-19.8% -1.2%
52-week high $49.71$38.07$6.21 $779.14
52-week low $24.93$21.58$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.

MultipleEGOKGCBTG
P/E now vs peer median 10.4xmedian 13.2x 8.3xmedian 13.2x 8.1xmedian 13.2x
P/S now vs peer median 0.4xmedian 3.1x 3.1xmedian 3.1x —median 3.1x
EV/EBITDA now vs peer median 6.6xmedian 7.2x 4.4xmedian 7.2x 4.9xmedian 7.2x
P/FCF now vs peer median 36.2xmedian 15.2x 4.7xmedian 15.2x 6.7xmedian 15.2x
P/B now vs peer median 0.9xmedian 2.2x 2.6xmedian 2.2x 1.7xmedian 2.2x
PEG now vs peer median 0.09median 0.30 0.07median 0.30 0.42median 0.30

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 monthsEGOKGCBTG
Revenue $18.04B $8.44B –
Gross profit $1.10B $4.90B $1.86B
Operating income $971.70M $4.47B $1.93B
Net income $660.53M $3.21B $828.55M
Free cash flow $177.66M $5.48B $1.00B
R&D $51.20M $170.00M –
EPS (diluted) $3.08 $2.59 $0.55
Cash & equivalents $396.83M $2.64B $286.58M
Total debt $1.99B $816.70M $2.06B
Shares (diluted) 205.41M 1.22B 1.48B
Enterprise value $3.67B $14.24B $4.53B

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
MetricEGOKGCBTG
P/E 10.4x 8.3x 8.1x
P/FCF 36.2x 4.7x 6.7x
P/Operating cash flow 15.1x 5.5x 6.7x
P/S 0.4x 3.1x –
P/B 0.9x 2.6x 1.7x
P/Tangible book 0.9x 2.6x 1.7x
EV/EBITDA 6.6x 4.4x 4.9x
EV/EBIT 8.2x 5.4x 3.5x
EV/Revenue 0.4x 2.9x –
EV/FCF 45.1x 4.4x 6.8x
EV/Operating cash flow 18.8x 5.1x 6.8x
PEG (3Y EPS CAGR) 0.09 0.07 0.42

Growth

14 metrics
MetricEGOKGCBTG
Revenue growth (1Y) 37.4% 31.0% –
Revenue CAGR (3Y) 167.0% 26.2% –
Gross profit growth (1Y) 42.7% 61.9% 107.1%
Gross profit CAGR (3Y) 68.6% 79.0% 35.3%
Operating income growth (1Y) 54.3% 68.2% 1,748%
Operating income CAGR (3Y) 35.7% 115.3% 46.0%
Net income growth (1Y) 81.3% 74.0% 298.7%
Net income CAGR (3Y) 59.5% 56.0% 33.4%
EPS growth (1Y) 70.2% 91.2% 272.5%
EPS CAGR (3Y) 113.5% 119.3% 19.0%
Operating cash flow growth (1Y) -7.1% 27.4% 86.2%
Operating cash flow CAGR (3Y) 23.8% 38.4% 9.5%
Free cash flow growth (1Y) 426.1% 31.1% 86.2%
Free cash flow CAGR (3Y) 391.0% 34.6% 9.5%

Profitability

14 metrics
MetricEGOKGCBTG
Gross margin 6.1% 58.0% –
EBITDA margin 6.7% 65.2% –
Operating margin 5.4% 52.9% –
Pretax margin 5.0% 52.3% –
Net margin 3.5% 37.6% –
FCF margin 1.0% 64.9% –
Operating cash flow margin 2.4% 55.9% –
Return on equity 9.7% 32.3% 44.1%
Return on assets – 23.3% 29.1%
Return on invested capital 8.3% 41.6% 44.5%
Return on capital employed – – –
Asset turnover – 0.6x –
Cash conversion (OCF / net income) 0.6x 1.5x 1.2x
Stock comp / revenue 0.1% 0.2% –

Financial Health

11 metrics
MetricEGOKGCBTG
Debt / assets – 5.9% 7.9%
Debt / equity 0.3x 0.1x 0.1x
Net debt / EBITDA 1.3x -0.3x 0.1x
Debt / FCF 11.2x 0.1x 0.5x
Liabilities / assets – 27.6% 30.3%
Equity / assets – 72.4% 69.7%
Interest coverage 64.4x 171.8x 31.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricEGOKGCBTG
Dividend yield 0.6% 0.7% 1.6%
Net buyback yield -0.8% -1.6% -3.6%
Shareholder yield -0.1% -0.9% -2.0%
Payout ratio (earnings) – 3.1% –
Payout ratio (FCF) – 1.8% –
Dividend growth (1Y) – -145.6% –
Dividend CAGR (3Y) – -38.0% –

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.

ConsensusEGOKGCBTG
Forward P/E 10.8xFY2026 9.1xFY2026 8.6xFY2026
EPS, next fiscal year $3.01FY2026 $2.36FY2026 $0.58FY2026
EPS growth, next FY +73.0%FY2026 +29.0%FY2026 +26.1%FY2026
EPS growth, the year after +73.4% +6.8% +51.7%
Revenue, next fiscal year $2.77BFY2026 $8.30BFY2026 $3.59BFY2026
Revenue growth, next FY +53.2%FY2026 +18.1%FY2026 +17.5%FY2026
Revenue growth, the year after +45.6% +3.8% +25.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEGOKGCBTG
Held by institutions 96.7% – 59.9%
Institutions holding 238 – 301
Change in shares held, QoQ +37.6% – +6.2%
Institutions buying 151 – 155
Institutions selling 58 – 85
Buyers to sellers 2.60 – 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.

EGOKGCBTG
EGO 1.00 0.81 0.73
KGC 0.81 1.00 0.80
BTG 0.73 0.80 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EGO, KGC and BTG?

Kinross Gold (KGC) is the largest by market capitalisation: Eldorado Gold (EGO) $6.19B, Kinross Gold (KGC) $24.32B, B2Gold (BTG) $6.04B.

Which stock is cheaper, EGO, KGC and BTG?

B2Gold (BTG) trades on the lowest price-to-earnings ratio (Eldorado Gold (EGO) 9.8x, Kinross Gold (KGC) 7.7x, B2Gold (BTG) 7.4x). On next year's consensus earnings, B2Gold (BTG) is cheapest (Eldorado Gold (EGO) 10.8x, Kinross Gold (KGC) 9.1x, B2Gold (BTG) 8.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Eldorado Gold (EGO) grew revenue fastest over the trailing twelve months: Eldorado Gold (EGO) +37.4%, Kinross Gold (KGC) +31.0%.

Which company is more profitable?

Kinross Gold (KGC) has the highest net margin (Eldorado Gold (EGO) 3.5%, Kinross Gold (KGC) 37.6%). On return on invested capital, B2Gold (BTG) leads (Eldorado Gold (EGO) 8.3%, Kinross Gold (KGC) 41.6%, B2Gold (BTG) 44.5%).

Which stock has performed better?

Over the past year Eldorado Gold (EGO) returned the most: Eldorado Gold (EGO) +29.1%, Kinross Gold (KGC) -6.6%, B2Gold (BTG) +4.4%. Over five years, Eldorado Gold (EGO) compounded fastest (Eldorado Gold (EGO) +29.3%/yr, Kinross Gold (KGC) +29.2%/yr, B2Gold (BTG) +3.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Kinross Gold (KGC) has been the steadiest (Eldorado Gold (EGO) 60.2%, Kinross Gold (KGC) 54.7%, B2Gold (BTG) 60.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EGO, KGC 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, Kinross Gold (KGC) leads on 5. 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.