Eldorado Gold Corporation – Consensus Indicates Potential 46.3% Upside

Broker Ratings
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Eldorado Gold Corporation found using ticker (EGO) now have 10 analysts in total covering the stock. The consensus rating is ‘None’. The target price ranges between 17.14 and 9.25 with a mean TP of 13.49. Now with the previous closing price of 9.22 this would indicate that there is a potential upside of 46.3%. The day 50 moving average is 9.3 and the 200 moving average now moves to 9.66. The market capitalisation for the company is $1,642m. Visit the company website at: https://www.eldoradogold.com

The potential market cap would be $2,403m 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.

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