Shares of Eldorado Gold Co. (TSE:ELD – Get Rating) (NYSE:EGO) have earned an average rating of "Moderate Buy" from the ten research firms that are currently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$13.70.

A number of research analysts have recently issued reports on ELD shares. National Bankshares upped their price target on Eldorado Gold from C$15.00 to C$15.50 and gave the company an "outperform" rating in a report on Tuesday, August 2nd. BMO Capital Markets reissued a "buy" rating and set a C$18.00 price objective on shares of Eldorado Gold in a report on Thursday, July 14th. Finally, Cormark dropped their target price on shares of Eldorado Gold from C$13.50 to C$12.00 in a report on Tuesday, August 2nd.

Eldorado Gold Trading Up 0.8 %

Shares of TSE ELD opened at C$8.06 on Friday. The firm's 50 day moving average price is C$7.68 and its 200-day moving average price is C$10.06. Eldorado Gold has a 52-week low of C$6.87 and a 52-week high of C$15.73. The company has a debt-to-equity ratio of 15.96, a quick ratio of 2.31 and a current ratio of 3.47. The company has a market cap of C$1.49 billion and a PE ratio of -2.43.

Eldorado Gold Company Profile

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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 Efemcukuru gold mines located in western Turkey; 100% interest in Lamaque gold mines 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.

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