Eldorado Gold (EGO) Scheduled to Post Quarterly Earnings on Thursday

Eldorado Gold (NYSE:EGO) (TSE:ELD) is scheduled to be announcing its earnings results after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $0.37 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Eldorado Gold Price Performance

Eldorado Gold stock opened at $17.14 on Tuesday. The stock has a market cap of $3.51 billion, a P/E ratio of 30.06 and a beta of 0.95. The company has a fifty day simple moving average of $17.45 and a 200-day simple moving average of $16.28. Eldorado Gold has a 12-month low of $9.72 and a 12-month high of $19.06. The company has a current ratio of 3.62, a quick ratio of 2.65 and a debt-to-equity ratio of 0.20.

Wall Street Analyst Weigh In

A number of research firms have commented on EGO. CIBC lifted their price objective on shares of Eldorado Gold from $18.00 to $22.50 and gave the company an “outperformer” rating in a research note on Wednesday, July 10th. StockNews.com raised shares of Eldorado Gold from a “hold” rating to a “buy” rating in a report on Monday, July 1st. Royal Bank of Canada upped their price target on shares of Eldorado Gold from $20.00 to $22.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Finally, Scotiabank upped their price objective on shares of Eldorado Gold from $18.00 to $20.00 and gave the company a “sector perform” rating in a research note on Monday, August 19th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $19.38.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.