Eldorado Gold Corp (EGO) Receives a Hold from Canaccord Genuity


According to The Fly, in a report issued on October 18, Carey MacRury from Canaccord Genuity reiterated a Hold rating on Eldorado Gold Corp (NYSE: EGO). The company’s shares opened today at $0.91, close to its 52-week low of $0.80.

According to TipRanks.com, MacRury ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -9.7% and a 24.5% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Osisko Gold Royalties Ltd, and Torex Gold Resources Inc.

Eldorado Gold Corp has an analyst consensus of Hold, with a price target consensus of $1.

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The company has a one-year high of $1.89 and a one-year low of $0.80. Currently, Eldorado Gold Corp has an average volume of 5.07M.

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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.

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