Eldorado Gold Co. (TSE:ELD) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) have been assigned an average rating of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$23.61.

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

Eldorado Gold Price Performance

Shares of ELD opened at C$22.43 on Friday. The company has a 50 day moving average of C$22.61 and a two-hundred day moving average of C$22.71. The company has a market cap of C$4.59 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a quick ratio of 2.28, a current ratio of 3.62 and a debt-to-equity ratio of 20.85. Eldorado Gold has a twelve month low of C$13.10 and a twelve month high of C$26.32.

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.