Eldorado Gold Corporation found using ticker (EGO) now have 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 17.52 and 10 with the average target price sitting at 13.95. Now with the previous closing price of 7.36 this would indicate that there is a potential upside of 89.5%. There is a 50 day moving average of 9.26 and the 200 moving average now moves to 9.5. The company has a market cap of $1,354m. Find out more information at: https://www.eldoradogold.com
The potential market cap would be $2,566m based on the market concensus.
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Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemcukuru gold mines located in western Turkey; 100% interest in Lamaque gold mines located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1992 and is headquartered in Vancouver, Canada.