Shares of Eldorado Gold Co. (NYSE:EGO – Get Free Report) (TSE:ELD) have been assigned an average recommendation of “Hold” from the five ratings firms that are currently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $20.88.
Several research analysts have commented on EGO shares. Royal Bank of Canada boosted their price objective on shares of Eldorado Gold from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Tuesday, September 10th. TD Securities cut their target price on shares of Eldorado Gold from $20.00 to $19.00 and set a “hold” rating on the stock in a research report on Monday, November 4th. Scotiabank upped their price target on shares of Eldorado Gold from $18.00 to $20.00 and gave the company a “sector perform” rating in a research report on Monday, August 19th. Finally, StockNews.com lowered shares of Eldorado Gold from a “buy” rating to a “hold” rating in a report on Friday, November 8th.
Get Our Latest Stock Report on Eldorado Gold
Hedge Funds Weigh In On Eldorado Gold
Eldorado Gold Stock Performance
NYSE:EGO opened at $15.98 on Tuesday. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 11.92 and a beta of 0.93. Eldorado Gold has a fifty-two week low of $9.72 and a fifty-two week high of $19.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.54 and a current ratio of 3.37. The stock has a fifty day moving average price of $16.70 and a 200-day moving average price of $16.55.
Eldorado Gold (NYSE:EGO – Get Free Report) (TSE:ELD) last announced its quarterly earnings data on Thursday, October 31st. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $331.76 million for the quarter. Eldorado Gold had a net margin of 23.16% and a return on equity of 6.67%. During the same quarter in the previous year, the company earned $0.17 earnings per share. As a group, equities analysts anticipate that Eldorado Gold will post 1.42 EPS for the current fiscal year.
Eldorado Gold Company Profile
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 Efemçukuru mines located in Turkey; Lamaque complex 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.
Further Reading
- Five stocks we like better than Eldorado Gold
- Stock Market Sectors: What Are They and How Many Are There?
- Semtech Stock Climbs as AI Boom Drives Turnaround Success
- What is a Death Cross in Stocks?
- 3 Companies Leading the Way With Aggressive Stock Buybacks
- Best Stocks Under $5.00
- Is It Time to Buy Nuclear Energy Stocks After the Latest Dip?
Receive News & Ratings for Eldorado Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eldorado Gold and related companies with MarketBeat.com's FREE daily email newsletter.