Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) – Stock analysts at Haywood Securities issued their FY2018 earnings per share (EPS) estimates for Eldorado Gold in a research report issued to clients and investors on Wednesday, according to Zacks Investment Research. Haywood Securities analyst K. Smith expects that the company will post earnings per share of ($0.06) for the year.
Several other analysts also recently commented on ELD. J P Morgan Chase & Co downgraded shares of Eldorado Gold from an “overweight” rating to a “neutral” rating in a report on Monday, November 13th. Eight Capital reiterated a “neutral” rating on shares of Eldorado Gold in a research note on Thursday, November 16th. BMO Capital Markets dropped their price objective on shares of Eldorado Gold from C$2.25 to C$1.75 in a research note on Monday, November 13th. Canaccord Genuity dropped their target price on shares of Eldorado Gold from C$3.25 to C$2.25 in a research report on Tuesday, October 24th. Finally, Royal Bank Of Canada dropped their target price on shares of Eldorado Gold to C$2.00 and set an “underperform” rating for the company in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of C$3.42.
Shares of Eldorado Gold (TSE:ELD) traded down C$0.05 during mid-day trading on Monday, hitting C$1.41. 2,859,189 shares of the company traded hands, compared to its average volume of 3,366,892. Eldorado Gold has a 1-year low of C$1.41 and a 1-year high of C$5.13.
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Eldorado Gold 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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