Media stories about Eldorado Gold (NYSE:EGO) (TSE:ELD) have been trending somewhat positive on Thursday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Eldorado Gold earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 46.7744589910104 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Analyzing Impala Platinum (IMPUY) & Eldorado Gold (EGO) (americanbankingnews.com)
- Eldorado Gold Files Three Technical Reports for Lamaque, Kisladag and Skouries (finance.yahoo.com)
- Eldorado Gold (EGO) Rating Increased to Hold at Zacks Investment Research (americanbankingnews.com)
- Investors Alert: Eldorado Gold Corporation (EGO) traded with down change of -3.69% at $0.84 (analystrecommendation.com)
- Tottering Stock: Eldorado Gold Corporation (NYSE:EGO) (thestreetpoint.com)
Several equities analysts have weighed in on the stock. TD Securities lowered their price target on shares of Eldorado Gold from $1.60 to $1.20 and set a “hold” rating on the stock in a report on Friday, March 23rd. Scotiabank lowered their target price on shares of Eldorado Gold from $2.00 to $1.50 and set a “hold” rating on the stock in a report on Friday, March 23rd. Zacks Investment Research raised shares of Eldorado Gold from a “sell” rating to a “hold” rating in a report on Friday, March 9th. ValuEngine downgraded shares of Eldorado Gold from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Finally, Credit Suisse Group raised shares of Eldorado Gold from an “underperform” rating to a “neutral” rating and set a $1.60 target price on the stock in a report on Friday, January 26th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $1.45.
About Eldorado Gold
Eldorado Gold Corp is a Canada-based gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, the Tocantinzinho project and exploration activities in Brazil.
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