Eldorado Gold Corporation Ordin (NYSE:EGO) Trading Volume Significantly Higher

Analysts have placed a $3.17 price target on Eldorado Gold Corporation, suggesting a 36.64% gain from recent close. Credit Suisse Group lowered shares of Eldorado Gold Corporation from a "neutral" rating to an "underperform" rating and set a $2.40 price target for the a research report on Monday, July 31st.

Eldorado Gold Corp (NYSE:EGO)'s trailing twelve month revenues are $425.6 Million, whereas its price to sales ratio for the same period is 4.45. Analysts reported that the Price Target for Eldorado Gold Corporation might touch $4.53 high while the Average Price Target and Low price Target is $3.1 and $2.05 respectively. Zacks Investment Research raised Eldorado Gold Corporation from a "sell" rating to a "hold" rating in a research note on Thursday, June 29th. Canaccord Genuity downgraded the stock to "Speculative Buy" rating in Thursday, June 15 report. The value of the investment in Eldorado Gold Corporation Ordin increased from $540,000 to $792,000 increasing 46.7% quarter over quarter. The 50 day moving average went up $0.31 or +15.39% and the 200 day average went down by -17.32%.

Eldorado Gold Corporation (EGO) performance during the last one year degraded -39.27 percent, while its year to date (YTD) performance showed a negative trend of -27.95 percent. The firm's market capitalization is $3.39 billion.

Wall Street analysts are predicting that Eldorado Gold Corp (NYSE:EGO) will report earnings per share of $0.01 in their quarterly report.

Short traders are more bearish on shares of the company of late if you take a look at the increase in short interest. Its revenue totaled $109.38 million down -2.23% from the previous quarter.

EPS Estimate for the next year is 0.15. The business's revenue was down 22.8% on a year-over-year basis. Looking at a shorter time period, shares have been seen -11.51% away from the 50 day high and 29.99% off the 50 day low price.Covering sell-side analysts have recently weighed in on shares of Eldorado Gold Corporation (NYSE:EGO).

Shares of Eldorado Gold Corporation (NYSE EGO) opened at 2.32 on Tuesday. If you are viewing this news story on another website, it was copied illegally and reposted in violation of United States & worldwide trademark and copyright law. The legal version of this piece of content can be accessed at

A number of other institutional investors have also added to or reduced their stakes in EGO. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada. ING Groep NV increased its position in Eldorado Gold Corporation by 1.3% during the first quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its position in Eldorado Gold Corporation by 2.0% during the first quarter. As of the end of the quarter Vanguard Group Inc had disposed of 116,146 shares trimming its holdings by 57.3%. For the quarter, shares have been noted at -15.64%. Commerzbank Aktiengesellschaft FI now owns 1,848,322 shares of the basic materials company's stock worth $4,880,000 after purchasing an additional 253,684 shares in the last quarter. Institutional investors and hedge funds own 55.07% of the company's stock.

The Company's activities involve all facets of the mining industry, including exploration, discovery, acquisition, financing, development, production and reclamation. The Company's geographical divisions include Turkey, Brazil, Greece, Romania and Other.

Like this



19 September 2017
NetApp, Inc. (NTAP) Upgraded to Buy by UBS AG
With 10,800 avg volume, 0 days are for VERIFY SMART CORPORATION (OTCMKTS:VSMR)'s short sellers to cover VSMR's short positions. Delta Lloyd Nv reported 22,171 shares. 1492 Capital Management Llc, a Wisconsin-based fund reported 41,785 shares.

19 September 2017
Analyst Research Roundup: Bob Evans Farms, Inc. (BOBE), AnaptysBio, Inc. (ANAB)
Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 5.95, and a price to sales ratio of 49.93. Its up 0.10, from 0.99 in 2016Q3. 385.64 million shares or 1.20% less from 390.31 million shares in 2016Q3 were reported.

19 September 2017
U.S. military warning to defiant Kim
Aides have since suggested Trump would be willing to renegotiate terms of the deal but European leaders have dismissed that approach.

19 September 2017
Red Bull and Renault brush off engine 'speculation'
Media reports have suggested Aston could become Red Bull's title sponsor next season. They already said that it's not Porsche.

19 September 2017
Thompson Siegel & Walmsley Cut Wyndham Worldwide (WYN) Holding; Marietta Investment Partners Boosted
Smithfield Trust Co. bought a new stake in shares of Wyndham Worldwide Corp during the 2nd quarter valued at about $170,000. The stock of Wyndham Worldwide Corporation (NYSE:WYN) has "Buy" rating given on Friday, December 11 by Stifel Nicolaus.

19 September 2017
Indicator Focus on Shares of Kawasaki Heavy Industries Ltd (KWHIY)
A common look back period is 14 days. iShares Global Infrastructure Index ETF (CIF.TO)'s Williams %R presently stands at -86.76. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations.

19 September 2017
Amazon's Newest Gadget Is a Tablet That's Also an Echo
The second new feature in the operating system is hands-free Alexa, which you can turn off and on using a control panel. The first, called "For You", is a kind of dynamic app launcher that you access from the home screen.

19 September 2017
Horizon Zero Dawn Update Patch 1.33 Notes Have Been Released
Killing the Corruptor will block the progression of the story as players can not interact with it anymore. Fixed an issue where some players were able to reroll Special Modification Boxes by saving and reloading.

19 September 2017
Blake Lively shines in terrifying All I See Is You trailer
Gina has been virtually blind since the childhood vehicle crash that destroyed her sight and killed her parents. Open Road Films is releasing the film in the USA on October 27 and the official trailer is just below.

19 September 2017
Belgium Davis Cup final in Lille
The stadium, which has a retractable roof, also played host to the 2014 final when France lost to Switzerland. November's Davis Cup final between France and Belgium will be held in the north-eastern town of Lille.