Eldorado Gold Co. (TSE:ELD) Receives C$23.61 Consensus Price Target from Analysts

Shares of Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO have been assigned an average rating of "Moderate Buy" from the five analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$23.61.

Separately, Stifel Nicolaus lowered their target price on Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th.

Eldorado Gold Trading Down 0.9 %

Eldorado Gold stock traded down C$0.20 during trading on Friday, hitting C$22.43. The company had a trading volume of 167,024 shares, compared to its average volume of 170,941. The company has a current ratio of 3.62, a quick ratio of 2.28 and a debt-to-equity ratio of 20.85. The company's 50 day simple moving average is C$22.61 and its 200-day simple moving average is C$22.73. Eldorado Gold has a 1-year low of C$13.10 and a 1-year high of C$26.32. The stock has a market cap of C$4.59 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22.

About Eldorado Gold

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.