2 weeks Ago By ABMN Staff
Eldorado Gold Co. ( NYSE:EGO – Get Free Report ) (TSE:ELD) shares traded down 3.6% on Friday .
The stock traded as low as $17.81 and last traded at $17.82.
514,202 shares were traded during trading, a decline of 66% from the average session volume of 1,508,928 shares. The stock had previously closed at $18.48.
Analyst Ratings Changes Several equities research analysts recently issued reports on the company. Scotiabank lifted their price objective on Eldorado Gold from $18.00 to $20.
00 and gave the stock a “sector perform” rating in a report on Monday, August 19th. Royal Bank of Canada boosted their price target on Eldorado Gold from $20.00 to $22.
00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. CIBC raised their price objective on Eldorado Gold from $18.00 to $22.
50 and gave the company an “outperformer” rating in a report on Wednesday, July 10th. Finally, StockNews.com raised shares of Eldorado Gold from a “hold” rating to a “buy” rating in a report on Monday, July 1st.
Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $19.
38. Check Out Our Latest Stock Report on Eldorado Gold Eldorado Gold Stock Performance Eldorado Gold ( NYSE:EGO – Get Free Report ) (TSE:ELD) last announced its quarterly earnings results on Thursday, July 25th. The basic materials company reported $0.
33 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.07.
Eldorado Gold had a net margin of 15.67% and a return on equity of 5.82%.
The firm had revenue of $297.14 million for the quarter. During the same period in the previous year, the firm posted $0.
09 EPS. Equities analysts predict that Eldorado Gold Co. will post 1.
4 EPS for the current fiscal year. Institutional Trading of Eldorado Gold Hedge funds have recently made changes to their positions in the company. Tobam lifted its holdings in Eldorado Gold by 14.
8% in the second quarter. Tobam now owns 5,036 shares of the basic materials company’s stock valued at $74,000 after acquiring an additional 651 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Eldorado Gold by 4.
2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 45,980 shares of the basic materials company’s stock valued at $679,000 after purchasing an additional 1,858 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Eldorado Gold by 1.
5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 169,435 shares of the basic materials company’s stock worth $2,499,000 after purchasing an additional 2,472 shares during the period. C M Bidwell & Associates Ltd.
acquired a new stake in shares of Eldorado Gold during the 4th quarter worth about $37,000. Finally, XTX Topco Ltd raised its holdings in Eldorado Gold by 30.8% in the 2nd quarter.
XTX Topco Ltd now owns 16,450 shares of the basic materials company’s stock valued at $243,000 after buying an additional 3,876 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.
Eldorado Gold Company Profile ( Get Free Report ) Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.
5% interest in Certej development projects located in Romania. Featured Articles Receive News & Ratings for Eldorado Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eldorado Gold and related companies with MarketBeat.com's FREE daily email newsletter .
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