Eldorado Gold Corporation with ticker code (EGO) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 4.33 and 1.18 calculating the mean target price we have 1.83. Given that the stocks previous close was at 8.91 this would indicate that there is a downside of -79.5%. The 50 day moving average now sits at 8.37 while the 200 day moving average is 7.84. The company has a market capitalisation of $1,532m. You can visit the company’s website by visiting: http://www.eldoradogold.com
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 100% interest in Tocantinzinho gold project in Brazil. It also holds 95% interests in Olympias gold mine, Stratoni silver-lead-zinc mine, and Skouries gold-copper project in Greece; and 80.5% interests in Certej gold-silver project 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 founded in 1992 and is headquartered in Vancouver, Canada.