Eldorado Gold Corporation – Consensus Indicates Potential 15.5% Upside

Broker Ratings
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Eldorado Gold Corporation found using ticker (EGO) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 12.29 and 7.5 with a mean TP of 10.35. With the stocks previous close at 8.96 this now indicates there is a potential upside of 15.5%. The day 50 moving average is 7.81 and the 200 day moving average is 7.44. The company has a market cap of $1,668m. You can visit the company’s website by visiting: https://www.eldoradogold.com

The potential market cap would be $1,927m based on the market concensus.

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. 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 1992 and is headquartered in Vancouver, Canada.

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