Analysts Set Eldorado Gold Corporation (NYSE:EGO) PT at $4.41

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19 August, 2017

7/29/2017 - Eldorado Gold Corporation was given a new $2.00 price target on by analysts at Credit Suisse Group. While the company's share hit the 52 week high on 08/18/16 stationing the value of $4.38. The value of the investment in EGO went from $659,000 to $1,621,000 a change of 146.0% since the last quarter. Commerzbank Aktiengesellschaft FI now owns 1,594,638 shares of the basic materials company's stock worth $5,438,000 after buying an additional 546,031 shares during the last quarter. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $4.41. Royal Bank Of Canada reiterated a "buy" rating on shares of Eldorado Gold Corporation in a report on Tuesday, June 6th. Two research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have issued a buy recommendation on the company.

Many analysts are providing their Estimated Earnings analysis for Eldorado Gold Corporation and for the current quarter 7 analysts have projected that the stock could give an Average Earnings estimate of $0.01/share. For the next 5 years, Eldorado Gold Corporation is expecting Growth of 5% per annum, whereas in the past 5 years the growth was -38.26% per annum.

It is now trading at $1.89 impressively lower than $2.28, the stock's 50 day moving average and significantly below the 200 day moving average of $3.05.

7/8/2017 - Eldorado Gold Corporation was upgraded by analysts at ValuEngine from a "sell" rating to a "hold" rating. The company's quarterly revenue was down 22.8% compared to the same quarter past year. The basic materials company reported $0.01 EPS for the quarter, Briefing.com reports.

Having a peek at growth estimates of the company, Eldorado Gold Corp (NYSE:EGO) has current quarter growth estimates of -80% however it has 100% estimations over growth for the next quarter. After a recent check, Eldorado Gold Corporation's 14-day RSI is presently at 29.98. These analysts have also projected a Low Estimate of $0/share and a High Estimate of $0.01/share.

Eldorado Gold Corporation (NYSE:EGO) was up +0.53% ($0.01) to $1.89 and showed a volume of 4.74 mln shares. If you are reading this news story on another website, it was illegally stolen and reposted in violation of United States & global trademark and copyright law.

7/28/2017 - Eldorado Gold Corporation was downgraded by analysts at Canaccord Genuity from a "buy" rating to a "hold" rating. The correct version of this story can be viewed at https://www.chaffeybreeze.com/2017/08/17/lmr-partners-llp-takes-position-in-eldorado-gold-corporation-ego.html.

6/29/2017 - Eldorado Gold Corporation was upgraded by analysts at Zacks Investment Research from a "sell" rating to a "hold" rating. During the same quarter in the previous year, the business earned ($0.01) EPS. Eldorado Gold Corp (NYSE:EGO)'s price to free cash flow for trailing twelve months is 0.

Eldorado Gold Corporation (Eldorado) is a gold exploration, development and mining company. The Brazil segment includes the Vila Nova mine, Tocantinzinho project and exploration activities in Brazil.


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