Economy

Should You Buy Eldorado Gold Corporation (NYSE:EGO) On Current Analyst Views?

Should You Buy Eldorado Gold Corporation (NYSE:EGO) On Current Analyst Views?

Credit Suisse Group downgraded Eldorado Gold Corporation from a "neutral" rating to an "underperform" rating and set a $2.40 price objective for the company.in a research note on Monday, July 31st. Great West Life Assurance Co. Balyasny Asset Management LLC raised its stake in shares of Eldorado Gold Corporation by 43.7% in the second quarter.

The company declined -4.5% and closed its last trading session at $2. ING Groep NV now owns 52,917 shares of the basic materials company's stock valued at $180,000 after buying an additional 701 shares during the period. Gulf International Bank UK Ltd boosted its stake in Eldorado Gold Corporation by 1.3% in the first quarter. AQR Capital Management LLC owned approximately 0.17% of Eldorado Gold Corporation worth $4,192,000 as of its most recent SEC filing. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. The value of the investment in Eldorado Gold Corporation Ordin went from $2,854,000 to $1,479,000 a change of 48.2% quarter over quarter. They now have a Dollars 5 price target on the stock. Short-term traders are anticipated to see a retreat of -41.14% over the course of a quarter and, with 90% chance the price will be floating in the range of $0.98 and $1.29 in this timeframe. Eldorado Gold Corp (NYSE:EGO)'s price sits -24.03% off from its 50-day moving average of $2.35 and -38.05% away from the stock's 200-day moving average which is $3.08.

Having a peek at growth estimates of the company, Eldorado Gold Corp (NYSE:EGO) has current quarter growth estimates of -80% however it has 100% estimations over growth for the next quarter. The basic materials company reported $0.01 EPS for the quarter. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. The business had revenue of $82.70 million for the quarter, compared to analyst estimates of $104.71 million. During the same period in the previous year, the company posted ($0.01) earnings per share. The company's quarterly revenue was down 22.8% compared to the same quarter past year. On average, equities research analysts predict that Eldorado Gold Corporation will post $0.04 EPS for the current fiscal year. If you are accessing this piece on another site, it was copied illegally and republished in violation of USA and worldwide copyright and trademark laws. The legal version of this piece of content can be accessed at https://theolympiareport.com/2017/08/16/eldorado-gold-corporation-nyseego-reaches-new-12-month-low-at-2-33-updated-updated.html.

U.S. sanctions Kashmiri group Hizbul Mujahideen
Moreover, designations can assist the law enforcement activities of U.S. agencies and other governments", the spokesperson said. Salahuddin is the senior leader of the militant group Hizbul Mujahideen.

Several brokerages recently commented on EGO.

09/14/2016 - Eldorado Gold Corporation was upgraded to "buy" by analysts at Bank of America Merrill Lynch.

BMO Capital Markets restated their market perform rating on shares of Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) in a report released on Tuesday, July 11th.

Remembering Elvis in Scotland on 40th anniversary of his death
It coincides with the anniversary of Presley's death in Memphis on August 16, 1977, and it draws visitors from around the world. So in the time-honoured tradition of investigative reporting, we set off on the Elvis trail like a hound dog in the ghetto .

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Eldorado Gold Corporation (EGO) stands at -17.08 while the industry's and the sector's growth for next 5 years ticked at -0.64 and 1.61 respectively. Canaccord Genuity downgraded shares of Eldorado Gold Corporation from a "buy" rating to a "hold" rating in a report on Friday, July 28th. Finally, Zacks Investment Research raised Eldorado Gold Corporation from a "sell" rating to a "hold" rating in a report on Thursday, June 29th.

In addition to ValuEngine reporting its stock price target, a total of 14 brokers have issued a research note on the company. The stock now has an average rating of Buy and a consensus price target of C$5.16. Eldorado Gold Corp (NYSE:EGO) has trailing twelve month Return on Assets of 0.1%, which is key indicator of how profitable a company is relative to its total assets. The Romania segment includes the Certej project and exploration activities in Romania. The Company's geographical segments include Turkey, Brazil, Greece, Romania and Other.

Virgil van Dijk: Southampton defender 'not for sale', says chairman
Plus, Van Dijk agreed a new six-year contract with Saints last summer, so there's no pressure to sell from a financial standpoint.


  • Thisara, Siriwardana return to ODI squad

    Thisara, Siriwardana return to ODI squad

    In case you didn't know. . "We just got to do what we have been doing for the past few years", said Rohit. Every addition to your armoury is good, I am trying to see what I can add to my armoury.
    Top Theme Parks for National Roller Coaster Day

    Top Theme Parks for National Roller Coaster Day

    August 16th is National Roller Coaster Day so we have been wondering about all things roller coaster. All participants received a certificate commemorating the record.
    Juventus and PSG still haggling over Matuidi fee

    Juventus and PSG still haggling over Matuidi fee

    The midfielder could make his debut this weekend - as Juventus kickstart their Serie A campaign at home to Cagliari. The France global is expected to join Juve this month, with talk of the midfielder being in Turin by Saturday.
  • Virat Kohli, Anushka Sharma SPOTTED in Sri Lanka-See pic

    Virat Kohli, Anushka Sharma SPOTTED in Sri Lanka-See pic

    Ravindra Jadeja has lost his place on top of the International Cricket Council's Test Player rankings in the all-rounder category. Both need to be pursued with equal amount of zeal and yet, both require a completely different level of preparation.
    Make your own Game of Thrones cloak, courtesy of

    Make your own Game of Thrones cloak, courtesy of

    The show's costume designer, Michele Clapton , initially went searching for a suitable way to outfit the cast with fur. We take anything we can. "I want the audience to nearly smell the costumes", she said.

    Rock of Ages 2: Bigger and Boulder Hilariously Roll About History

    Atlus U.S.A., Inc. has become known across the industry as a mark of high-quality, deeply immersive, uniquely Japanese video game experiences.
  • UFC middleweight champion Michael Bisping agrees to fight with Tony Bellew

    UFC middleweight champion Michael Bisping agrees to fight with Tony Bellew

    Last week, Bellew made it clear that he would never face UFC champion Jon Jones for any amount of money. Mike Bisping is a guy who is predominantly known as a puncher and he's a very strong wrestler as well.
    Google pays Apple $3bn to remain default search engine on iOS devices

    Google pays Apple $3bn to remain default search engine on iOS devices

    Google is paying Apple a whopping $3 billion for the financial year 2017-18 as compared to $1 billion it paid in 2014. An analyst from Bernstein also says that iOS devices also contribute 50% profit to Google's mobile search revenues.
    The Evil Within 2 New Trailer Showcases Deadly Photographer Stefano

    The Evil Within 2 New Trailer Showcases Deadly Photographer Stefano

    Again, similar to the Survive trailer, this new trailer makes one girl seem very important to the story of The Evil Within 2 . It's been a couple of months since the reveal of The Evil Within 2 at E3, and boy was that a trailer.
  • What to Know About Guam, the US Territory Targeted by North Korea

    What to Know About Guam, the US Territory Targeted by North Korea

    Army's Terminal High Altitude Area Defense, or THAAD - which protects the island by shooting down ballistic missiles. Trump has said he will not allow Pyongyang to develop a nuclear weapon capable of hitting the United States.
    Prey free trial announced for PC, Xbox One, and PlayStation 4

    Prey free trial announced for PC, Xbox One, and PlayStation 4

    Prey is a first-person sci-fi action game that re-imagines the franchise from the ground up. with an added psychological twist. Talos I has been overrun by an alien force, and you must stop the Typhon threat from destroying humanity.
    Horror Adventure Game Black Mirror Coming To PC And Consoles This November

    Horror Adventure Game Black Mirror Coming To PC And Consoles This November

    The game will also be playable at Gamescom 2017 and seems to be one of the titles that THQ Nordic will reveal at the event. A life that is soon threatened by the dark secrets that claimed the sanity of many Gordons before him.