Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) shares were down 0% during trading on Monday . The stock traded as low as C$1.71 and last traded at C$1.76. Approximately 1,612,803 shares changed hands during mid-day 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 research analysts recently commented on ELD shares. BMO Capital Markets decreased their target price on shares of Eldorado Gold from C$4.00 to C$2.50 and set a “market perform” rating on the stock in a research note on Tuesday, September 12th. Scotiabank decreased their target price on shares of Eldorado Gold to C$3.60 and set a “sector perform” rating on the stock in a research note on Tuesday, September 12th. TD Securities decreased their target price on shares of Eldorado Gold to C$5.15 and set a “buy” rating on the stock in a research note on Tuesday, September 12th. Canaccord Genuity decreased their target price on shares of Eldorado Gold from C$3.25 to C$2.25 in a research note on Tuesday, October 24th. Finally, Royal Bank of Canada downgraded shares of Eldorado Gold from a “sector perform” rating to an “underperform” rating and set a C$2.35 target price on the stock. in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. Eldorado Gold presently has an average rating of “Hold” and a consensus price target of C$3.11.
The firm has a market capitalization of $1,310.00, a PE ratio of -88.00 and a beta of 0.74.
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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