Eldorado Gold Co. (TSE:ELD) Receives C$23.61 Average Price Target from Analysts

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) has received a consensus rating of “Moderate Buy” from the five brokerages that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$23.61.

Separately, Stifel Nicolaus cut their target price on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th.

Eldorado Gold Trading Up 1.5 %

Eldorado Gold stock opened at C$23.42 on Friday. Eldorado Gold has a 52-week low of C$13.10 and a 52-week high of C$26.32. The company has a quick ratio of 2.28, a current ratio of 3.62 and a debt-to-equity ratio of 20.85. The firm has a market capitalization of C$4.80 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 56.20 and a beta of 1.22. The firm has a 50-day moving average price of C$22.46 and a two-hundred day moving average price of C$22.79.

Eldorado Gold Company Profile

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.