BMO Capital Markets Cuts Eldorado Gold (TSE:ELD) Price Target to C$29.00

Eldorado Gold (TSE:ELDFree Report) (NYSE:EGO) had its target price trimmed by BMO Capital Markets from C$31.00 to C$29.00 in a research note issued to investors on Thursday,BayStreet.CA reports.

ELD has been the topic of several other research reports. Stifel Nicolaus lowered their target price on shares of Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. National Bankshares lowered their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 15th.

View Our Latest Research Report on Eldorado Gold

Eldorado Gold Stock Performance

Shares of ELD stock opened at C$22.12 on Thursday. Eldorado Gold has a 12-month low of C$13.10 and a 12-month high of C$26.32. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28. The firm has a market capitalization of C$4.53 billion, a price-to-earnings ratio of 18.43, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The business has a 50 day simple moving average of C$22.18 and a 200 day simple moving average of C$22.91.

Eldorado Gold (TSE:ELDGet Free Report) (NYSE:EGO) last released its quarterly earnings results on Thursday, October 31st. The company reported C$0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.46 by C$0.01. Eldorado Gold had a return on equity of 4.99% and a net margin of 15.68%. During the same period in the previous year, the business earned $0.23 earnings per share. On average, equities research analysts anticipate that Eldorado Gold will post 2.1505174 EPS for the current year.

Eldorado Gold Company Profile

(Get Free Report)

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.

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