Betting On Eldorado Gold Corporation (NYSE:EGO) ?

BMO Capital Markets reduced their price objective on shares of Eldorado Gold Corp from C$3.50 to C$2.25 and set a "market perform" rating for the company in a research report on Tuesday, October 24th. The stock had a trading volume of 2,794,685 shares, compared to its average volume of 3,491,686. The company rocked its 52-Week High of $3.91 and touched its 52-Week Low of $1.16.

Eldorado Gold Corporation (EGO) failed to surprise the stock market in its last reported earnings when it earned 0 a piece versus the consensus-estimated $0.01.

Eldorado Gold Corp (TSE ELD) traded down C$0.02 during trading hours on Monday, reaching C$1.50. The company beat the analyst EPS Estimate with the difference of $-0.01.

Analysts are also projecting an Average Revenue Estimate for Eldorado Gold Corporation as $122900 in the Current Quarter. In contrast to the year ago quarter EPS was at 0.04.

This stock (EGO) is ahead of its 52-week low with 0%.

Eldorado Gold Corporation has a consensus hold rating from 15 Wall Street analysts, and the number of shares now sold short amount to at least 2.78% of shares outstanding. The shares price has positioned -36.65% down over the past quarter while it has directed -64.41% toward a falling position throughout past six months. Similarly, the company's last 5 years high P/E ratio is 42.54 and low P/E is 29.19, whereas, the industry's and sector's high P/E for the past year is 314.16 and 145.91 respectively and low P/E ratio for the last 5 years is 4.87 for the industry and 14.28 for the Sector. Institutional owners hold 75.80% stake in the company, while Insiders ownership held at 0.80%. The stock has an average rating of Hold and a consensus price target of C$3.58. Analysts have placed a $2.01 price target on Eldorado Gold Corporation, suggesting a 71.79% gain from recent close. ValuEngine lowered shares of Eldorado Gold Corporation from a "hold" rating to a "sell" rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company.

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Eldorado Gold Corporation (Eldorado) is a gold exploration, development and mining company. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey.