Eldorado Gold Corp (ELD) Forecasted to Earn Q3 2017 Earnings of ($0.01) Per Share

Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) – Investment analysts at Cormark issued their Q3 2017 earnings per share estimates for Eldorado Gold Corp in a report released on Tuesday, according to Zacks Investment Research. Cormark analyst R. Gray expects that the company will earn ($0.01) per share for the quarter. Cormark also issued estimates for Eldorado Gold Corp’s Q4 2017 earnings at ($0.01) EPS and FY2017 earnings at $0.00 EPS.

ELD has been the topic of several other reports. BMO Capital Markets lowered their price objective on Eldorado Gold Corp from C$4.00 to C$2.50 and set a “market perform” rating on the stock in a research report on Tuesday, September 12th. Scotiabank lowered their price objective on Eldorado Gold Corp to C$3.60 and set a “sector perform” rating on the stock in a research report on Tuesday, September 12th. Canaccord Genuity lowered their price objective on Eldorado Gold Corp from C$2.25 to C$2.00 in a research report on Monday, October 30th. Royal Bank of Canada lowered their price objective on Eldorado Gold Corp to C$2.00 and set an “underperform” rating on the stock in a research report on Thursday, November 2nd. Finally, TD Securities lowered their price objective on Eldorado Gold Corp to C$5.15 and set a “buy” rating on the stock in a research report on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of C$3.65.

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Shares of Eldorado Gold Corp (TSE ELD) traded down C$0.09 on Wednesday, hitting C$1.52. The stock had a trading volume of 2,704,078 shares, compared to its average volume of 3,494,898. Eldorado Gold Corp has a 12-month low of C$1.49 and a 12-month high of C$5.13.

Eldorado Gold Corp Company Profile

Eldorado Gold Corp is a Canada-based gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, the Tocantinzinho project and exploration activities in Brazil.

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Earnings History and Estimates for Eldorado Gold Corp (TSE:ELD)

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