Taking a broader look brokerage firms' analysts on the street with an expectant view have Eldorado Gold Corp (NYSE:EGO) high price target of $4.52 and with a conservative view have low price target of $2.05. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey.
A number of other equities analysts also recently issued reports on EGO. On July 31 the stock rating was downgraded to "Sector Perform" from "Outperform" in an announcement from Credit Suisse. Goldman Sachs upgraded Eldorado Gold Corp (USA) (NYSE:EGO) on Wednesday, August 10 to "Buy" rating. TD Securities dropped their target price on shares of Eldorado Gold Corporation from $4.75 to $4.25 and set a "buy" rating for the company in a research report on Tuesday, September 12th. RBC Capital Markets has "Outperform" rating and $3 target. Canaccord Genuity reiterated a "buy" rating and issued a $6.00 price objective (down from $6.25) on shares of Eldorado Gold Corporation in a research note on Saturday, October 29th. The company now has a consensus rating of "Buy" and a consensus price target of $5.48. Its book value per share for the most recent quarter is $4.89 while its price to book ratio for the same period is 0.46, as for as the company's cash per share for the most recent quarter is $0.98, however its price to cash per share ratio for the same period is 2.3. Volume was up 100.55% over the stocks average daily volume. The company's beta value is at 1.25. Eldorado Gold Corp (NYSE:EGO) has a market capitalization of $1.84 Billion and most recently 816.08 Million outstanding shares have been calculated. The firm's 50-day moving average is $2.01 and its 200 day moving average is $2.80.
Eldorado Gold Corporation (NYSE:EGO) last posted its quarterly earnings data on Thursday, February 23rd. However the company reported $0.05 earnings per share for the same quarter during past year. The lowest price the stock reached in the last trading day was $4.05 and compares with the $1.7 52-week low. The consensus mean EPS for the current quarter is at $0.01 derived from a total of 9 estimates from the analysts who have weighed in on projected earnings.
Now the shares of Eldorado Gold Corporation (EGO) has the trading volume of 10.63 Million shares with the average trading volume of 12680 shares.
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On the other hand the company has Relative Strength Index (RSI 14) of 55.36 along with Average True Range (ATR 14) of 0.11, Consequently Eldorado Gold Corp (NYSE:EGO)'s weekly and monthly volatility is 7.78%, 4.66% respectively.
According to analysts Eldorado Gold Corp (NYSE:EGO)'s minimum EPS for the current quarter is at $-0.02 and can go high up to $0.04. Rehmann Capital Advisory Group acquired a new stake in shares of Eldorado Gold Corporation during the second quarter worth about $104,000. Franklin Resources Inc. increased its stake in Eldorado Gold Corporation by 132.3% in the fourth quarter. Finally, Essex Investment Management Co. Balyasny Asset Management LLC raised its position in shares of Eldorado Gold Corporation by 43.7% during the second quarter. Essex Investment Management Co. About 10.63M shares traded or 70.63% up from the average. Eldorado Gold Corporation's institutional ownership is 75.8%, while its institutional transactions stand at 0.78%. Its business is focused in Brazil, China, Greece, Turkey and Romania. The Brazil segment includes the Vila Nova mine, Tocantinzinho project and exploration activities in Brazil.