Eldorado Gold Corporation (EGO) : The consensus on Eldorado Gold Corporation (EGO) based on 6 analyst recommendation on the company stock is 2.17, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Eldorado Gold Corporation (EGO).
Eldorado Gold Corporation (EGO) : Currently there are 8 street experts covering Eldorado Gold Corporation (EGO) stock. The most bullish and bearish price target for the stock is $7 and $3 respectively for the short term. The average price target of all the analysts comes to $5.06. The estimated standard deviation from the target is $1.66.
Eldorado Gold Corporation has lost 7.53% in the last five trading days and dropped 2.96% in the last 4 weeks. Eldorado Gold Corporation has dropped 7.75% during the last 3-month period . Year-to-Date the stock performance stands at 32.32%. Eldorado Gold Corporation (NYSE:EGO): On Tuesdays trading session , Opening price of the stock was $4.09 with an intraday high of $4.0999. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $3.92. However, the stock managed to close at $3.93, a loss of 3.20% for the day. On the previous day, the stock had closed at $4.06. The total traded volume of the day was 4,283,305 shares.
Eldorado Gold Corporation owns and operates mines around the world. The Companys activities involve various facets of the mining industry, including exploration, development, production and reclamation. Its operating gold mines include Kisladag in Turkey (100%), Efemcukuru in Turkey (100%), Tanjianshan in China (90%), White Mountain in China (95%) and Jinfeng in China (82%). Its gold projects include Perama Hill in Greece (100%), Olympias in Greece (95%), Skouries in Greece (95%), Certej in Romania (81%), Eastern Dragon in China (75%) and Tocantinzinho in Brazil (100%). Its other operating mines include Stratoni Lead and Zinc Concentrates in Greece (95%) and Vila Nova Iron Ore in Brazil (100%). The Company has completed an exploration program in Romania at the Bocsa, Magura, Muncel, Brad and Deva projects, which are situated in the Apuseni district near the Certej deposit.