Eldorado Gold Co. (TSE:ELD) Receives C$23.61 Consensus Price Target from Analysts

Shares of Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) have received an average rating of “Moderate Buy” from the five research firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$23.61.

Separately, Stifel Nicolaus lowered their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th.

Eldorado Gold Price Performance

Eldorado Gold stock opened at C$22.69 on Wednesday. The business has a 50 day simple moving average of C$23.34 and a 200 day simple moving average of C$22.70. Eldorado Gold has a one year low of C$13.10 and a one year high of C$26.32. The company has a market capitalization of C$4.65 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28.

About Eldorado Gold

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.