Eldorado Gold Corp Forecasted to Post Q4 2017 Earnings of $0.00 Per Share (ELD)
Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) – Desjardins issued their Q4 2017 EPS estimates for shares of Eldorado Gold in a report issued on Monday. Desjardins analyst J. Wolfson anticipates that the company will post earnings per share of $0.00 for the quarter. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Eldorado Gold’s Q1 2018 earnings at $0.01 EPS, Q1 2019 earnings at $0.03 EPS, Q2 2019 earnings at $0.03 EPS and Q3 2019 earnings at $0.03 EPS.
ELD has been the subject of several other research reports. TD Securities reduced their price target on shares of Eldorado Gold to C$5.15 and set a “buy” rating for the company in a report on Tuesday, September 12th. Royal Bank of Canada downgraded shares of Eldorado Gold from a “sector perform” rating to an “underperform” rating and set a C$2.35 price target for the company. in a report on Wednesday, October 25th. Canaccord Genuity reduced their price target on shares of Eldorado Gold from C$3.25 to C$2.25 in a report on Tuesday, October 24th. Eight Capital reissued a “neutral” rating on shares of Eldorado Gold in a report on Thursday, November 16th. Finally, J P Morgan Chase & Co downgraded shares of Eldorado Gold from an “overweight” rating to a “neutral” rating in a report on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. Eldorado Gold has an average rating of “Hold” and a consensus price target of C$3.42.
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About Eldorado Gold
Eldorado Gold Corp is a Canada-based gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, the Tocantinzinho project and exploration activities in Brazil.
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