Canaccord Genuity analyst Carey MacRury maintained a Hold rating on Eldorado Gold (EGO) yesterday and set a price target of C$10.50. The company’s shares closed last Monday at $7.52.
According to TipRanks.com, MacRury is a 5-star analyst with an average return of 19.3% and a 70.1% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Osisko Gold Royalties, Kirkland Lake Gold, and Agnico Eagle.
The word on The Street in general, suggests a Hold analyst consensus rating for Eldorado Gold with a $9.21 average price target.
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The company has a one-year high of $10.09 and a one-year low of $3.05. Currently, Eldorado Gold has an average volume of 2.01M.
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Eldorado Gold Corp. engages in the mining, development and exploration of gold. It has mining operations, ongoing development projects and exploration in Turkey, Canada, Greece, Brazil, Romania and Serbia. 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.
