Eldorado Gold Corporation – Consensus Indicates Potential 83.0% 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 ‘Buy’. The target price ranges between 13.98 and 7 with a mean TP of 11.07. Now with the previous closing price of 6.05 this would imply there is a potential upside of 83.0%. The day 50 moving average is 6.7 and the 200 moving average now moves to 9.09. The market capitalisation for the company is $1,169m. Visit the company website at: https://www.eldoradogold.com

The potential market cap would be $2,139m 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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