National Bankshares Lowers Eldorado Gold (TSE:ELD) Price Target to C$27.00

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price target lowered by National Bankshares from C$28.00 to C$27.00 in a research report released on Wednesday,BayStreet.CA reports.

Separately, Stifel Nicolaus reduced their price objective on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$23.61.

Eldorado Gold Price Performance

Shares of ELD opened at C$21.45 on Wednesday. The firm has a fifty day simple moving average of C$22.37 and a two-hundred day simple moving average of C$22.84. The firm has a market cap of C$4.39 billion, a PE ratio of 17.88, a P/E/G ratio of 56.20 and a beta of 1.22. The company has a current ratio of 3.62, a quick ratio of 2.28 and a debt-to-equity ratio of 20.85. Eldorado Gold has a 1-year low of C$13.10 and a 1-year high of C$26.32.

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.