National Bank Financial Boosts Eldorado Gold (ELD) Price Target to C$8.75

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Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price target boosted by National Bank Financial from C$8.50 to C$8.75 in a research report report published on Friday, BayStreet.CA reports.

ELD has been the topic of several other reports. Canaccord Genuity upped their price objective on Eldorado Gold from C$5.00 to C$5.50 in a research report on Friday, February 1st. Eight Capital upped their price objective on Eldorado Gold from C$4.00 to C$6.25 in a research report on Friday, February 22nd.

ELD opened at C$4.95 on Friday. The company has a current ratio of 3.98, a quick ratio of 2.70 and a debt-to-equity ratio of 18.57. The firm has a market cap of $755.90 million and a price-to-earnings ratio of -1.97. Eldorado Gold has a one year low of C$3.36 and a one year high of C$7.75.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its earnings results on Thursday, February 21st. The company reported C($0.06) EPS for the quarter, topping the Zacks’ consensus estimate of C($0.08) by C$0.02. The firm had revenue of C$122.66 million for the quarter, compared to analysts’ expectations of C$128.15 million. On average, equities analysts anticipate that Eldorado Gold will post 0.590000007029787 earnings per share for the current year.

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 100% interest in Tocantinzinho gold project in Brazil.

Further Reading: Debt-To-Equity Ratio

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