Eldorado Gold (ELD) Given New C$1.30 Price Target at Canaccord Genuity

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Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price objective cut by stock analysts at Canaccord Genuity from C$1.45 to C$1.30 in a report released on Thursday. Canaccord Genuity’s price target suggests a potential upside of 9.24% from the company’s previous close.

Shares of ELD traded up C$0.01 during mid-day trading on Thursday, reaching C$1.19. The company had a trading volume of 192,068 shares, compared to its average volume of 1,860,246. Eldorado Gold has a twelve month low of C$1.03 and a twelve month high of C$2.76.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Analyst Recommendations for Eldorado Gold (TSE:ELD)

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