Eldorado Gold Corporation – Consensus Indicates Potential 17.2% Upside

Broker Ratings
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Eldorado Gold Corporation with ticker code (EGO) have now 10 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 13.17 and 9 and has a mean target at 10.96. Given that the stocks previous close was at 9.35 this is indicating there is a potential upside of 17.2%. There is a 50 day moving average of 8.6 while the 200 day moving average is 7.27. The company has a market capitalisation of $1,701m. Company Website: https://www.eldoradogold.com

The potential market cap would be $1,994m 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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