National Bank Keeps a Hold Rating on Eldorado Gold Corp (EGO)


National Bank analyst Mike Parkin maintained a Hold rating on Eldorado Gold Corp (EGO) today and set a price target of $13.50. The company’s shares closed last Monday at $9.70, close to its 52-week high of $10.09.

According to TipRanks.com, Parkin has 0 stars on 0-5 star ranking scale with an average return of -6.6% and a 31.4% success rate. Parkin covers the Basic Materials sector, focusing on stocks such as Detour Gold Corporation, OceanaGold Corporation, and Yamana Gold.

Currently, the analyst consensus on Eldorado Gold Corp is a Hold with an average price target of $8.27.

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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 Corp has an average volume of 3.94M.

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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.

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