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

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) has earned a consensus rating of “Moderate Buy” from the five research firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$23.61.

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

Eldorado Gold Stock Up 0.8 %

Shares of ELD stock opened at C$22.07 on Friday. Eldorado Gold has a 12 month low of C$13.10 and a 12 month high of C$26.32. The firm has a market cap of C$4.52 billion, a PE ratio of 18.39, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The stock has a 50 day moving average of C$22.51 and a 200-day moving average of C$22.75. The company has a quick ratio of 2.28, a current ratio of 3.62 and a debt-to-equity ratio of 20.85.

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.