Eldorado Gold (TSE:ELD) Price Target Cut to C$27.00 by Analysts at BMO Capital Markets

Eldorado Gold (TSE:ELD - Free Report) NYSE: EGO had its target price reduced by BMO Capital Markets from C$29.00 to C$27.00 in a report issued on Friday morning,BayStreet.CA reports.

A number of other equities research analysts have also commented on ELD. National Bankshares decreased their price target on Eldorado Gold from C$28.00 to C$27.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 15th. Stifel Nicolaus lowered their target price on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th.

Eldorado Gold Price Performance

Eldorado Gold stock traded up C$0.05 during mid-day trading on Friday, hitting C$20.81. 241,185 shares of the company were exchanged, compared to its average volume of 428,696. Eldorado Gold has a 1-year low of C$13.10 and a 1-year high of C$26.32. The company has a quick ratio of 2.28, a current ratio of 3.62 and a debt-to-equity ratio of 20.85. The business has a fifty day moving average of C$22.07 and a 200 day moving average of C$22.86. The company has a market capitalization of C$4.26 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22.

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.