Eldorado Gold (EGO) Expected to Announce Quarterly Earnings on Thursday

Eldorado Gold (NYSE:EGO) (TSE:ELD) is expected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $440.43 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Eldorado Gold Stock Performance

Eldorado Gold stock opened at $14.45 on Thursday. The company has a current ratio of 3.37, a quick ratio of 2.54 and a debt-to-equity ratio of 0.23. Eldorado Gold has a 1 year low of $9.72 and a 1 year high of $19.06. The company has a market cap of $2.96 billion, a PE ratio of 10.78 and a beta of 0.93. The company’s 50-day moving average is $15.10 and its two-hundred day moving average is $16.30.

Analyst Upgrades and Downgrades

EGO has been the topic of a number of research reports. Scotiabank cut their target price on shares of Eldorado Gold from $18.50 to $16.50 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. TD Securities cut their price target 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. Finally, StockNews.com upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $20.00.

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.