Eldorado Gold Co. (TSE:ELD) Receives Average Recommendation of “Moderate Buy” from Brokerages

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) has been assigned an average recommendation of “Moderate Buy” from the five research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$23.61.

Separately, Stifel Nicolaus dropped their price target on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th.

Eldorado Gold Price Performance

TSE:ELD opened at C$23.04 on Friday. The company has a quick ratio of 2.28, a current ratio of 3.62 and a debt-to-equity ratio of 20.85. Eldorado Gold has a 52 week low of C$13.10 and a 52 week high of C$26.32. The business’s 50-day simple moving average is C$22.42 and its two-hundred day simple moving average is C$22.79. The stock has a market cap of C$4.72 billion, a PE ratio of 19.20, a P/E/G ratio of 56.20 and a beta of 1.22.

Eldorado Gold Company Profile

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.