Eldorado Gold Corporation – Consensus Indicates Potential -85.7% Downside

Broker Ratings

Eldorado Gold Corporation found using ticker (EGO) have now 13 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 4.33 and 1.18 calculating the mean target price we have 1.83. Now with the previous closing price of 12.8 this now indicates there is a potential downside of -85.7%. The day 50 moving average is 12.88 while the 200 day moving average is 11.42. The market cap for the company is $2,224m. Company Website: http://www.eldoradogold.com

Eldorado Gold Corporation and its subsidiaries engage in the exploration, discovery, acquisition, financing, development, production, sale, and reclamation of mineral products, primarily in Turkey, Canada, Greece, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore. It operates five mines: Kisladag and Efemcukuru located in western Turkey, Lamaque in Canada, and Olympias and Stratoni located in northern Greece. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.

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