Eldorado Gold (TSE:ELD) Given New C$30.00 Price Target at Cormark

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price objective lowered by Cormark from C$33.50 to C$30.00 in a report published on Monday,BayStreet.CA reports.

A number of other brokerages have also issued reports on ELD. Stifel Nicolaus cut their price target on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. BMO Capital Markets cut their price target on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday. Finally, National Bankshares cut their price target on Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating for the company in a research note on Wednesday, January 15th.

Eldorado Gold Trading Up 4.4 %

Shares of ELD stock opened at C$20.76 on Monday. Eldorado Gold has a 52-week low of C$13.10 and a 52-week high of C$26.32. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62. The firm has a market capitalization of C$4.25 billion, a PE ratio of 17.30, a PEG ratio of 56.20 and a beta of 1.22. The stock has a fifty day simple moving average of C$22.07 and a two-hundred day simple moving average of C$22.86.

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.