Eldorado Gold Corporation with ticker code (EGO) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 12.13 and 6.5 with the average target price sitting at 10.02. Now with the previous closing price of 8.35 this now indicates there is a potential upside of 20.0%. The 50 day moving average now sits at 7.29 and the 200 day moving average is 7.55. The market cap for the company is $1,544m. Visit the company website at: https://www.eldoradogold.com
The potential market cap would be $1,853m 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.
