Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) has earned a consensus rating of “Hold” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$2.68.
Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered shares of Eldorado Gold from an “overweight” rating to a “neutral” rating in a report on Monday, November 13th. Canaccord Genuity cut their target price on shares of Eldorado Gold from C$3.25 to C$2.25 in a report on Tuesday, October 24th. BMO Capital Markets cut their target price on shares of Eldorado Gold from C$2.25 to C$1.75 in a report on Monday, November 13th. Royal Bank of Canada cut their target price on shares of Eldorado Gold to C$2.00 and set an “underperform” rating for the company in a report on Thursday, November 2nd. Finally, Eight Capital reaffirmed a “neutral” rating on shares of Eldorado Gold in a report on Thursday, November 16th.
Eldorado Gold (ELD) traded down C$0.04 during trading hours on Friday, hitting C$1.65. 3,788,600 shares of the stock traded hands, compared to its average volume of 2,254,517. The stock has a market cap of $1,340.00, a price-to-earnings ratio of -82.50 and a beta of 0.74. Eldorado Gold has a 52-week low of C$1.39 and a 52-week high of C$5.13.
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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