Eldorado Gold (NYSE:EGO) (TSE:ELD) had its price objective lowered by Scotiabank from $2.00 to $1.50 in a research note released on Friday, Marketbeat.com reports. The firm currently has a hold rating on the basic materials company’s stock.
A number of other equities research analysts have also recently weighed in on EGO. Desjardins restated a hold rating on shares of Eldorado Gold in a research note on Monday, December 11th. Zacks Investment Research upgraded Eldorado Gold from a strong sell rating to a hold rating in a research note on Tuesday, December 26th. Macquarie upgraded Eldorado Gold from a neutral rating to an outperform rating in a research note on Wednesday, January 17th. Credit Suisse Group upgraded Eldorado Gold from an underperform rating to a neutral rating and set a $1.60 price target on the stock in a research note on Friday, January 26th. Finally, ValuEngine cut Eldorado Gold from a hold rating to a sell rating in a research report on Friday, February 2nd. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the stock. Eldorado Gold has an average rating of Hold and an average price target of $1.45.
Shares of Eldorado Gold (NYSE EGO) opened at $0.87 on Friday. Eldorado Gold has a 12 month low of $0.85 and a 12 month high of $3.78. The company has a quick ratio of 6.16, a current ratio of 7.80 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $714.61, a price-to-earnings ratio of -86.77, a P/E/G ratio of 8.31 and a beta of 1.25.
Eldorado Gold Company Profile
Eldorado Gold Corp is a Canada-based 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, the Tocantinzinho project and exploration activities in Brazil.
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