Eldorado Gold Corporation – Consensus ‘Hold’ rating and 3.0% Upside Potential

Broker Ratings
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Eldorado Gold Corporation which can be found using ticker (EGO) now have 10 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 13.37 and 9.25 calculating the average target price we see $11.14. Given that the stocks previous close was at $10.82 and the analysts are correct then we can expect a percentage increase in value of 3.0%. Also worth taking note is the 50 day moving average now sits at $9.57 while the 200 day moving average is $7.47. The market capitalization for the company is $2,001m. You can visit the company’s website by visiting: https://www.eldoradogold.com

The potential market cap would be $2,061m based on the market consensus.

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 Efemçukuru gold mines located in western Turkey; 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. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1996 and is headquartered in Vancouver, Canada.

The company is not paying dividends at this time.

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