Eldorado Gold (ELD) Set to Announce Quarterly Earnings on Thursday

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Eldorado Gold (TSE:ELD) (NYSE:EGO) is set to release its earnings data after the market closes on Thursday, February 21st. Analysts expect Eldorado Gold to post earnings of C($0.09) per share for the quarter.

Shares of Eldorado Gold stock opened at C$5.29 on Thursday. The company has a market capitalization of $836.89 million and a P/E ratio of -5.09. The company has a quick ratio of 4.79, a current ratio of 6.33 and a debt-to-equity ratio of 16.82. Eldorado Gold has a 52 week low of C$3.36 and a 52 week high of C$7.75.

Several brokerages recently commented on ELD. National Bank Financial raised shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$4.75 to C$8.00 in a research report on Friday, February 1st. Canaccord Genuity increased their price objective on shares of Eldorado Gold from C$5.00 to C$5.50 in a research report on Friday, February 1st. Eight Capital increased their price objective on shares of Eldorado Gold from C$1.30 to C$4.40 in a research report on Monday, January 7th. Finally, Desjardins raised shares of Eldorado Gold from a “sell” rating to a “hold” rating in a research report on Monday, January 7th.

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About Eldorado Gold

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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Earnings History for Eldorado Gold (TSE:ELD)

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