Eldorado Gold (TSE:ELD) Price Target Lowered to C$27.00 at National Bankshares

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price objective lowered by equities research analysts at National Bankshares from C$28.00 to C$27.00 in a report released on Wednesday,BayStreet.CA reports. National Bankshares’ price objective points to a potential upside of 28.69% from the company’s previous close.

Separately, Stifel Nicolaus decreased their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$23.61.

Eldorado Gold Trading Down 6.3 %

Shares of TSE:ELD traded down C$1.41 during trading on Wednesday, reaching C$20.98. 449,107 shares of the company traded hands, compared to its average volume of 279,491. The company has a current ratio of 3.62, a quick ratio of 2.28 and a debt-to-equity ratio of 20.85. Eldorado Gold has a 52-week low of C$13.10 and a 52-week high of C$26.32. The business’s fifty day moving average is C$22.37 and its 200-day moving average is C$22.84. The firm has a market capitalization of C$4.30 billion, a price-to-earnings ratio of 17.48, a P/E/G ratio of 56.20 and a beta of 1.22.

About Eldorado Gold

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.