Eldorado Gold (ELD) Trading Down 0%

Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) was down 0% during mid-day trading on Monday . The stock traded as low as C$1.71 and last traded at C$1.76. Approximately 1,612,803 shares were traded during trading, a decline of 4% from the average daily volume of 1,685,378 shares. The stock had previously closed at C$1.76.

Several equities research analysts have issued reports on ELD shares. BMO Capital Markets dropped their target price on shares of Eldorado Gold from C$4.00 to C$2.50 and set a “market perform” rating for the company in a research report on Tuesday, September 12th. Scotiabank lowered their price objective on shares of Eldorado Gold to C$3.60 and set a “sector perform” rating for the company in a report on Tuesday, September 12th. TD Securities lowered their price objective on shares of Eldorado Gold to C$5.15 and set a “buy” rating for the company in a report on Tuesday, September 12th. Canaccord Genuity lowered their price objective on shares of Eldorado Gold from C$3.25 to C$2.25 in a report on Tuesday, October 24th. Finally, Royal Bank of Canada lowered shares of Eldorado Gold from a “sector perform” rating to an “underperform” rating and set a C$2.35 price objective for the company. in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of C$3.11.

The firm has a market capitalization of $1,310.00, a price-to-earnings ratio of -88.00 and a beta of 0.74.

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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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