According to The Fly, bMO Capital analyst Andrew Kaip reiterated a Hold rating on Eldorado Gold Corp (EGO) today. The company’s shares opened today at $0.58, close to its 52-week low of $0.55.
According to TipRanks.com, Kaip is ranked 0 out of 5 stars with an average return of -8.9% and a 28.5% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Golden Star Resources Ltd.
Eldorado Gold Corp has an analyst consensus of Moderate Buy.
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Based on Eldorado Gold Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $128 million. In comparison, last year the company had a GAAP net loss of $4.18 million.
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Eldorado Gold Corp. engages in the development and exploration of mineral properties. It owns and operates gold, silver, lead, and zinc mines. The company was founded by Richard J. Barclay, Marco Antonio Romero, and Gary D. Nordin on April 2, 1992 and is headquartered in Vancouver, Canada.
