Eldorado Gold Corp to Post FY2018 Earnings of ($0.06) Per Share, Haywood Securities Forecasts (ELD)
Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) – Equities researchers at Haywood Securities issued their FY2018 earnings per share estimates for shares of Eldorado Gold Corp in a research note issued on Wednesday. Haywood Securities analyst K. Smith expects that the company will earn ($0.06) per share for the year.
Several other brokerages also recently weighed in on ELD. BMO Capital Markets upped their target price on shares of Eldorado Gold Corp from C$2.50 to C$3.50 and gave the company a “market perform” rating in a research note on Saturday, September 23rd. Scotiabank decreased their target price on shares of Eldorado Gold Corp to C$3.60 and set a “sector perform” rating for the company in a research note on Tuesday, September 12th. TD Securities decreased their target price on shares of Eldorado Gold Corp to C$5.15 and set a “buy” rating for the company in a research note on Tuesday, September 12th. Canaccord Genuity decreased their target price on shares of Eldorado Gold Corp from C$3.25 to C$2.25 in a research note on Tuesday, October 24th. Finally, Royal Bank Of Canada cut shares of Eldorado Gold Corp from a “sector perform” rating to an “underperform” rating and set a C$2.35 price target on the stock. in a report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. Eldorado Gold Corp has an average rating of “Hold” and a consensus target price of C$3.42.
Shares of Eldorado Gold Corp (TSE:ELD) traded down C$0.06 during mid-day trading on Monday, hitting C$1.55. 1,612,733 shares of the stock traded hands, compared to its average volume of 3,452,038. Eldorado Gold Corp has a fifty-two week low of C$1.44 and a fifty-two week high of C$5.13.
About Eldorado Gold Corp
Eldorado Gold Corp is a Canada-based gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, the Tocantinzinho project and exploration activities in Brazil.
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