Eldorado Gold Co. (TSE:ELD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) has been assigned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$23.61.

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

Eldorado Gold Price Performance

Shares of ELD opened at C$23.04 on Friday. The firm has a fifty day simple moving average of C$22.42 and a two-hundred day simple moving average of C$22.79. The firm has a market cap of C$4.72 billion, a PE ratio of 19.20, a P/E/G ratio of 56.20 and a beta of 1.22. The company has a current ratio of 3.62, a quick ratio of 2.28 and a debt-to-equity ratio of 20.85. Eldorado Gold has a 1-year low of C$13.10 and a 1-year high of C$26.32.

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.