Eldorado Gold Corporation with ticker code (EGO) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘None’. The target price ranges between 17.14 and 9.25 with the average target price sitting at 13.49. Now with the previous closing price of 10.03 this now indicates there is a potential upside of 34.5%. The 50 day moving average now sits at 9.18 while the 200 day moving average is 9.51. The company has a market cap of $1,894m. Company Website: https://www.eldoradogold.com
The potential market cap would be $2,548m based on the market concensus.
Eldorado Gold Corporation and its subsidiaries engage in the exploration, discovery, acquisition, financing, development, production, sale, and reclamation of mineral products, primarily in Turkey, Canada, Greece, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore. It holds 100% interest in the Kisladag and Efemcukuru 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 80.5% interest in the Certej and Bolcana development projects located in Romania; and 100% interest in the Tocantinzinho development project located in Brazil. 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.
