Eldorado Gold (ELD) Hits New 12-Month Low at $1.36

Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$1.36 and last traded at C$1.38, with a volume of 1796793 shares. The stock had previously closed at C$1.38.

ELD has been the subject of a number of research analyst reports. BMO Capital Markets cut their target price on shares of Eldorado Gold from C$2.25 to C$1.75 in a research report on Monday, November 13th. Canaccord Genuity cut their target price on shares of Eldorado Gold from C$2.25 to C$2.00 in a research report on Monday, October 30th. Desjardins reiterated a “hold” rating on shares of Eldorado Gold in a research report on Monday, December 11th. Eight Capital reiterated a “neutral” rating on shares of Eldorado Gold in a research report on Thursday, November 16th. Finally, JPMorgan Chase & Co. downgraded shares of Eldorado Gold from an “overweight” rating to a “neutral” rating in a research report on Monday, November 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. Eldorado Gold currently has an average rating of “Hold” and an average target price of C$3.11.

The stock has a market capitalization of $1,100.00, a price-to-earnings ratio of -69.00 and a beta of 0.72.

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Eldorado Gold Company Profile

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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