National Bank Financial started coverage on shares of Eldorado Gold (NYSE:EGO) (TSE:ELD) in a report released on Thursday, MarketBeat Ratings reports. The firm issued an outperform rating on the basic materials company’s stock.
A number of other equities research analysts have also recently commented on the stock. Zacks Investment Research raised shares of Eldorado Gold from a hold rating to a buy rating and set a $1.00 target price for the company in a report on Monday. TD Securities cut shares of Eldorado Gold from a hold rating to a reduce rating and reduced their target price for the company from $1.15 to $0.80 in a report on Thursday, September 6th. Five research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Eldorado Gold presently has a consensus rating of Hold and a consensus target price of $1.12.
NYSE EGO traded down $0.01 during trading hours on Thursday, hitting $0.90. The company had a trading volume of 121,101 shares, compared to its average volume of 6,983,851. The company has a debt-to-equity ratio of 0.16, a current ratio of 7.19 and a quick ratio of 5.59. Eldorado Gold has a 1-year low of $0.80 and a 1-year high of $2.20. The company has a market capitalization of $724.69 million, a PE ratio of 45.56 and a beta of 1.38.
Eldorado Gold Company Profile
Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.
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