Eldorado Gold Corp’s (ELD) “Neutral” Rating Reiterated at Dundee Securities
ELD has been the subject of a number of other reports. Goldman Sachs Group Inc. set a C$6.60 price objective on Eldorado Gold Corp in a research report on Wednesday, August 10th. Canaccord Genuity lowered their price objective on Eldorado Gold Corp from C$8.50 to C$7.00 in a research report on Friday, July 29th. Royal Bank Of Canada restated an outperform rating and set a C$9.00 price objective on shares of Eldorado Gold Corp in a research report on Tuesday, August 30th. Finally, TD Securities lowered their price objective on Eldorado Gold Corp from C$6.50 to C$6.00 and set a buy rating for the company in a research report on Friday, July 29th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Eldorado Gold Corp presently has a consensus rating of Buy and an average target price of C$6.61.
Shares of Eldorado Gold Corp (TSE:ELD) opened at 5.52 on Monday. The stock’s 50 day moving average price is $5.03 and its 200-day moving average price is $5.24. The company’s market cap is $3.95 billion. Eldorado Gold Corp has a 52 week low of $2.67 and a 52 week high of $6.71.
In other Eldorado Gold Corp news, insider Dale Leeworthy Churcher sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 6th. The stock was sold at an average price of C$6.55, for a total value of C$163,750.00.
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