National Bankshares Has Lowered Expectations for Eldorado Gold (TSE:ELD) Stock Price

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 note issued on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target suggests a potential upside of 28.82% from the company’s current price.

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

Eldorado Gold Trading Down 2.3 %

Shares of Eldorado Gold stock opened at C$20.96 on Wednesday. Eldorado Gold has a 1 year low of C$13.10 and a 1 year high of C$26.32. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28. The firm has a market cap of C$4.29 billion, a PE ratio of 17.47, a PEG ratio of 56.20 and a beta of 1.22. The company has a 50 day simple moving average of C$22.34 and a two-hundred day simple moving average of C$22.84.

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.