Eldorado Gold (TSE:ELD) Given New C$15.50 Price Target at National Bankshares

Eldorado Gold (TSE:ELDGet Rating) (NYSE:EGO) had its price target boosted by National Bankshares from C$15.00 to C$15.50 in a research report report published on Tuesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

ELD has been the subject of several other reports. TD Securities decreased their target price on Eldorado Gold from C$13.50 to C$12.00 and set a hold rating for the company in a research report on Monday, May 2nd. BMO Capital Markets reiterated a buy rating and issued a C$18.00 price objective on shares of Eldorado Gold in a research report on Thursday, July 14th. Canaccord Genuity Group boosted their price objective on Eldorado Gold from C$13.00 to C$17.00 in a research report on Friday, April 22nd. Finally, Haywood Securities decreased their price objective on Eldorado Gold from C$20.50 to C$17.50 and set a buy rating for the company in a research report on Tuesday, May 3rd. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and an average target price of C$13.70.

Eldorado Gold Price Performance

Eldorado Gold stock opened at C$7.65 on Tuesday. The firm has a market capitalization of C$1.41 billion and a P/E ratio of -2.31. Eldorado Gold has a 1 year low of C$6.96 and a 1 year high of C$15.73. The business has a 50-day moving average of C$8.75 and a 200-day moving average of C$11.56. The company has a current ratio of 3.62, a quick ratio of 2.57 and a debt-to-equity ratio of 15.44.

About Eldorado Gold

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Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemcukuru gold mines located in western Turkey; 100% interest in Lamaque gold mines located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.

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