Media headlines about Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Eldorado Gold Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 46.7895410571956 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Head to Head Analysis: Klondex Mines (KLDX) versus Eldorado Gold Corporation (EGO) (americanbankingnews.com)
- Eldorado Gold Corporation (EGO) Sees Significant Increase in Short Interest (americanbankingnews.com)
- Comparing Kinross Gold Corporation (KGC) & Eldorado Gold Corporation (EGO) (americanbankingnews.com)
- Active Stock Evaluation: Eldorado Gold Corporation (NYSE: EGO) – Alpha Beta Stock (alphabetastock.com)
- Margins And Returns Analysis Starks by Eldorado Gold Corporation (EGO) with CarMax Inc. (KMX) – Investing News Update (investingbizz.com)
Eldorado Gold Corporation (NYSE EGO) traded up 0.8945% during mid-day trading on Tuesday, hitting $2.1995. 1,920,442 shares of the stock traded hands. The stock’s market capitalization is $1.57 billion. The company has a 50 day moving average price of $2.19 and a 200-day moving average price of $2.70. Eldorado Gold Corporation has a one year low of $1.77 and a one year high of $3.91.
Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) last released its quarterly earnings data on Thursday, July 27th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $82.70 million during the quarter, compared to analysts’ expectations of $104.71 million. Eldorado Gold Corporation had a net margin of 1.00% and a return on equity of 1.41%. The firm’s quarterly revenue was down 22.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.01) EPS. Equities analysts anticipate that Eldorado Gold Corporation will post $0.04 earnings per share for the current fiscal year.
Several analysts have recently weighed in on EGO shares. TD Securities reaffirmed a “buy” rating on shares of Eldorado Gold Corporation in a report on Thursday, June 29th. Credit Suisse Group set a $2.00 price objective on shares of Eldorado Gold Corporation and gave the stock a “hold” rating in a report on Saturday, July 29th. Canaccord Genuity lowered shares of Eldorado Gold Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. ValuEngine raised shares of Eldorado Gold Corporation from a “sell” rating to a “hold” rating in a report on Saturday, July 8th. Finally, Zacks Investment Research raised shares of Eldorado Gold Corporation from a “sell” rating to a “hold” rating in a report on Monday, October 9th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $3.94.
Eldorado Gold Corporation Company Profile
Eldorado Gold Corporation (Eldorado) is a gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, Tocantinzinho project and exploration activities in Brazil.
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