Shares of Eldorado Gold Co. (TSE:ELD – Get Free Report) (NYSE:EGO) have been given an average recommendation of “Moderate Buy” by the eleven research firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$61.25.
Several equities research analysts have recently issued reports on the company. Canadian Imperial Bank of Commerce raised Eldorado Gold from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 9th. Stifel Nicolaus boosted their price target on shares of Eldorado Gold from C$65.00 to C$70.00 and gave the stock a “buy” rating in a report on Thursday, September 17th. ATB Cormark Capital Markets increased their price target on shares of Eldorado Gold from C$45.00 to C$64.00 and gave the company a “sector perform” rating in a research report on Thursday, September 10th. Canaccord Genuity Group increased their price target on shares of Eldorado Gold from C$55.00 to C$63.00 in a research report on Tuesday, September 22nd. Finally, National Bank Financial raised their price objective on shares of Eldorado Gold from C$65.00 to C$69.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th.
Read Our Latest Stock Analysis on Eldorado Gold
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Eldorado Gold Stock Performance
Shares of ELD opened at C$53.72 on Friday. The stock has a 50 day moving average of C$57.27 and a 200 day moving average of C$49.26. The company has a market capitalization of C$14.01 billion, a price-to-earnings ratio of 19.12, a PEG ratio of 56.20 and a beta of 1.68. Eldorado Gold has a 12 month low of C$34.25 and a 12 month high of C$69.46. The company has a current ratio of 1.31, a quick ratio of 2.27 and a debt-to-equity ratio of 25.70.
Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) last posted its quarterly earnings data on Thursday, July 30th. The company reported C$0.77 earnings per share for the quarter. The business had revenue of C$692.57 million for the quarter. Eldorado Gold had a return on equity of 12.38% and a net margin of 29.89%. As a group, sell-side analysts forecast that Eldorado Gold will post 2.15 earnings per share for the current year.
About Eldorado Gold
Eldorado is a gold, copper and base metals producer with mining, development and exploration operations in Canada, Greece and Türkiye. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado’s common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).
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