Eldorado Gold (TSE:ELD – Get Rating) (NYSE:EGO) had its price target raised by equities researchers at National Bankshares from C$13.50 to C$16.50 in a report issued on Wednesday, BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ target price would suggest a potential upside of 13.17% from the stock’s previous close.
A number of other research firms have also weighed in on ELD. National Bank Financial lowered shares of Eldorado Gold from an “outperform overweight” rating to a “sector perform spec overwgt” rating in a research report on Monday, January 16th. Stifel Nicolaus reduced their target price on shares of Eldorado Gold from C$16.50 to C$16.00 in a research note on Monday, January 23rd. Finally, BMO Capital Markets lifted their target price on shares of Eldorado Gold from C$12.00 to C$14.00 in a research note on Friday, February 24th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$14.14.
Eldorado Gold Stock Up 0.1 %
Shares of TSE ELD opened at C$14.58 on Wednesday. The company’s 50-day simple moving average is C$12.91 and its 200-day simple moving average is C$10.96. Eldorado Gold has a 52-week low of C$6.87 and a 52-week high of C$15.73. The firm has a market cap of C$2.69 billion, a price-to-earnings ratio of -40.50, a price-to-earnings-growth ratio of 56.20 and a beta of 1.37. The company has a quick ratio of 2.28, a current ratio of 3.00 and a debt-to-equity ratio of 15.98.
Eldorado Gold Company Profile
Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemcukuru gold mines located in western Turkey; 100% interest in Lamaque gold mines located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.
Featured Articles
- Hypercharge Networks: Up Triple Digits, But What’s The Big Deal?
- 3 Reasons Why Apple’s 30% Rally Has Legs
- 3 Reasons to Pick First Citizens Instead of First Republic Bank
- 3 April Earnings Plays for Bullish Swing Traders
- Is Constellation Brands Star About To Rise?
Receive News & Ratings for Eldorado Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eldorado Gold and related companies with MarketBeat.com's FREE daily email newsletter.
