Eldorado Gold Corporation – Consensus Indicates Potential 49.4% Upside

Broker Ratings
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Eldorado Gold Corporation found using ticker (EGO) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘None’. The target price ranges between 17.14 and 9.25 calculating the mean target price we have 13.49. With the stocks previous close at 9.03 this is indicating there is a potential upside of 49.4%. There is a 50 day moving average of 9.1 and the 200 day moving average is 9.55. The market capitalisation for the company is $1,717m. You can visit the company’s website by visiting: https://www.eldoradogold.com

The potential market cap would be $2,565m 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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