Eldorado Gold (ELD) Gets a Hold Rating from Canaccord Genuity


In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Eldorado Gold (TSX: ELD). Today, analyst Carey MacRury gave a Hold rating to ELD and set a C$1.45 price target.

According to TipRanks.com, MacRury is ranked #3747 out of 4849 analysts.

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Currently, the analyst consensus on Eldorado Gold is a Moderate Sell with an average price target of C$1.33.

The company has a one-year high of C$2.98 and a one-year low of C$1.03. Currently, Eldorado Gold has an average volume of 1.36M.

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.

The company’s shares closed on Tuesday at C$1.34, close to its 52-week low of C$1.03.

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