Eldorado Gold Corporation (EGO) Shares are Down -14.01%

Eldorado Gold Corporation (EGO) : During the past 4 weeks, traders have been relatively bearish on Eldorado Gold Corporation (EGO), hence the stock is down -12.78% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -13.44% relative to the S&P 500. The 4-week change in the price of the stock is -12.96% and the stock has fallen -14.01% in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 12.55% and the fifty day Moving Average is 18.07%. Eldorado Gold Corporation has dropped 15.84% during the last three month period . Year-to-Date the stock performance stands at 19.87%.

Eldorado Gold Corporation (EGO) : The most positive equity analysts on Eldorado Gold Corporation (EGO) expects the shares to touch $7, whereas, the least positive believes that the stock will trade at $3 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $5.06 with an expected fluctuation of $1.66 from the mean.


Eldorado Gold Corporation (NYSE:EGO): On Fridays trading session , Opening price of the stock was $3.65 with an intraday high of $3.775. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $3.48. However, the stock managed to close at $3.56, a loss of 0.28% for the day. On the previous day, the stock had closed at $3.57. The total traded volume of the day was 9,358,156 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.

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