Eldorado Gold Corp Research Coverage Started at TD Securities (EGO)

If we break down the analyst ratings into a simplified scale, Kinross Gold Corporation (NYSE:KGC) has a Buy-Sell rating of 2.66. The Company’s gold is produced in the form of dore, which is shipped to refineries for final processing. In the near term, the target price could hit a high of $9 and a low of $ 3. At present, the stock’s average 12-month price target of $2.88 stands at a 13.12% premium to the 52-week low.

8/24/2015 – Eldorado Gold Corp had its price target lowered by analysts at Scotiabank from $7.00 to $4.00. Mackie cut their target price on Eldorado Gold Corp from C$9.00 to C$8.50 and set a “buy” rating on the stock in a research report on Tuesday, August 4th.

Gold slipped on Wednesday as equities bounced back after China eased monetary policy further to support a faltering economy and stock markets that had fueled this week’s global rout.

8/14/2015 – Eldorado Gold Corp was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating. Credit Suisse decreased their price objective on Eldorado Gold Corp from $6.00 to $5.25 and set a neutral rating on the stock in a report on Wednesday, June 24th.

7/16/2015 – Eldorado Gold Corp had its “equal weight” rating reaffirmed by analysts at Barclays. The company had a trading volume of 8,791,319 shares. During last trade its minimum price was $1.62 and it gained its highest price of 1.72 and has a total of 1.15 million outstanding shares. On average, equities analysts anticipate that Eldorado Gold Corp will post $0.07 EPS for the current year. The 50-day moving average is $3.58 and the 200 day moving average is recorded at $4.49. TD Securities lowered their price target on Eldorado Gold Corp from C$4.75 to C$4.50 and set a “hold” rating on the stock in a report on Saturday, August 1st. Kinross Gold has a 52 week low of $1.60 and a 52 week high of $3.99.

Greek authorities chose to temporarily suspend work at the mine, which is operated by Eldorado subsidiary Hellenic Gold, last week, on the grounds of technical standards violation. The Firm’s actions include various facets of the mining industry, including reclamation, development, production and exploration. As of December 31, 2013, the Companys operating gold mines are Kisladag (100%) and Efemcukuru (100%) in Turkey, and Tanjianshan (90%), White Mountain (95%) and Jinfeng (82%) in China. Its gold endeavors contain Perama Hill in Greece (100%), Olympias in Greece (95%), Skouries in Greece (95%), Certej in Romania (81%), Eastern Dragon in China (75%) and Tocantinzinho in Brazil (100%). As of December 31, 2013, the Company’s other operating mines are Stratoni for lead and zinc concentrates (95%) and Vila Nova for iron ore (100%), in Brazil. An investigation program has been completed by the Organization in Romania at the Magura, Bocsa, Muncel, Brad and Deva projects, which are situated in the Apuseni district nearby the Certej deposit.