Eldorado Gold Corp (ELD) Receives Consensus Rating of “Hold” from Analysts
Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) has been assigned a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is C$1.59.
Several research analysts have weighed in on the stock. National Bank Financial set a C$1.50 price target on shares of Eldorado Gold and gave the company an “outperform” rating in a report on Thursday. Canaccord Genuity lowered their price target on shares of Eldorado Gold from C$1.45 to C$1.30 in a report on Thursday.
Eldorado Gold stock traded down C$0.01 during trading hours on Thursday, hitting C$1.18. The company had a trading volume of 394,189 shares, compared to its average volume of 1,861,471. Eldorado Gold has a one year low of C$1.03 and a one year high of C$2.76.
Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.
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