In a report released today, Mike Parkin from National Bank maintained a Buy rating on Eldorado Gold (EGO), with a price target of C$13.50. The company’s shares closed last Monday at $7.77.
According to TipRanks.com, Parkin is ranked 0 out of 5 stars with an average return of -7.3% and a 31.0% success rate. Parkin covers the Basic Materials sector, focusing on stocks such as Newmont Mining, Yamana Gold, and Detour Gold.
Eldorado Gold has an analyst consensus of Moderate Buy, with a price target consensus of $10.69.
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The company has a one-year high of $10.09 and a one-year low of $2.52. Currently, Eldorado Gold has an average volume of 2.82M.
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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.
